New York  »  Bronx  »  10462  »  Parkchester

1503 Metropolitan Avenue, Bronx, NY 10462

Parkchester, East Bronx, Bronx
Building in Parkchester
13 Stories
3,857 Units
Built in 1940
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Welcome to 1503 Metropolitan Avenue, a building located in Parkchester, East Bronx, Bronx in Bronx, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1940. This is a relatively tall building with a total of 13 floors. From what we gather, there are a total 3,857 residential units. According to local assessors, the total value of the building is currently valued at $100,187,128. Specifically, the value of the land that the property sits on has been assessed at $26,947,312. There are another one buildings located on the same land that 1503 Metropolitan Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. The code designated for the basement in this building was 5 which stands for: "". The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Elevator
Common Outdoor Space
Facts
General
Year Built
1940
Building Count
54
Floor Count
13
Total Unit Count
3,857
Residential Unit Count
3,857
Basement Type
5
Unit Count
Building Floor Area
Residential Building Floor Area
2,812,639
Floor Area Ratios
Building Area Source
2
Building
Building Type
R4
Lot Type
5
Land Use
03
Irregular Lot Code
Y
Sanborn Map Number
219 010
Ownership
Current Owner's Name
PPC RESIDENTIAL, LLC
Neighborhood
Census Block
4000
Community District
209
City Council District
18
Police Precinct
43
Fire Company
E064
Health Area
1310
Sanitation District Borough
2
Sanitation Subsection
3A
School District
12
Census Block Code
7000
Census Group
7
Census Year
2020
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36005
Census - Full FIPS
360050210017000
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
021001
Census Tract Code
021001
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
R6
Special Purpose District 1
PC
Zoning Commercial Overlay 1
C1-2
Zoning Map Number
4b
Geography
Borough Name
BX
Borough Code
2
Block
3944
Lot
7501
Borough Block Lot
2039447501
Apportionment BBL
2039441001
Apportionment Date
Aug 25, 1988
X Coordinates
1023303
Y Coordinates
245551
Valuation
Pluto Map ID
1
More About The Building
In comparison, the lot area is listed as 1,500,000 square feet. The depth of the property lot was measured at 513 square feet and the front at 640 square feet. The building itself has 2,812,639 square footage of total floor area. Out of that, 2,812,639 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 1503 Metropolitan Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Parkchester area have a median price of $2,700. Those in the 25th percentile, have a price around $2,150. While those in the 75th percentile, have a price around $3,250. Typically, the buildings in this area have a median sqft of 1,000. That means that the median price per sqft is around $4. In other words, the price per sqft for buildings in the 25th percentile is $4. While the price per sqft for buildings in the 75th percentile is $4. As a breakdown, we've included the following stats:

  • There are currently no studio listings being advertised in the area.
  • There is currently a single advertised one bedroom listing.
  • There are currently no two bedroom listings being advertised in the area.
  • There are currently no three bedroom listings being advertised in the area.
  • There is currently a single advertised four bedroom listing.
About The Area
1503 Metropolitan Avenue is located in 10460. There are 60,266 people living here. There are 19,974 households. Most of these households have an average family size of 3.56 people. According to the census, 90% are currently renting while 10% own their homes. The median age of this population is around 30.8 years old. On average, most folks in the zipcode are unmarried. About 64% of folks speak a language other than English in this area. The area's employment rate is currently around 48%. Speaking of employment, the median income is $24,086. Most folks will commute by public transportation for around 43.4 minutes. Finally, we know that 26% of residents in the area have graduated with their high school degree. Additionally, 9% and 3% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. Bronx County, New York has a population of 1,436,785 people. Based on census records, there are 490,740 registered households. Families in this area are on average made up of 3.56 people per household. Most folks are unmarried. They are also typically around 33.3 years old. Does diversity matter to you? Right now, 59% of folks speak a language other than English here. About 81% rent while 19% purchased their homes. Right now, the community is made up of 27% of residents who have graduated with at least a high school degree. On top of that, 13% have a Bachelor's degree and 7% have a Master's degree. The employment rate is currently around 51.9%. Those employed, have a median income of $35,302.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
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Studio Median Rent
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1BR Median Rent
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2BR Median Rent
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3BR Median Rent
PUBLIC TRANSIT
6
6X
Parkchester (0.48 mi - 12 min walk)
MTA New York City Transit
6
6X
Castle Hill Av (0.63 mi - 15 min walk)
MTA New York City Transit
2
5
E 180 St (0.69 mi - 17 min walk)
MTA New York City Transit
6
6X
St Lawrence Av (0.71 mi - 17 min walk)
MTA New York City Transit
2
5
Bronx Park East (0.73 mi - 18 min walk)
MTA New York City Transit

Nearby Schools

(within attendance boundary)
PS 106 PARKCHESTER  •  0.39 mi
1514 Olmstead Ave, Bronx, NY 10462
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District #11
JHS 127 CASTLE HILL (THE)  •  0.39 mi
1560 Purdy St, Bronx, NY 10462
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District #11
EAGLE ACADEMY FOR YOUNG MEN  •  1.95 mi
4143 3rd Ave, Bronx, NY 10457
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 9
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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