New York City  »  10471  »  Faraday Ave  »  5723 Faraday Ave

5723 Faraday Avenue, Bronx, NY 10471 - Property report

Also known as: 5723 Faraday Ave

Property image for 5723 Faraday Avenue, Bronx, NY 10471
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Property type

Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)

Year built

1930

Lot sq. ft.

5,000

Sale price

$590,500

General information

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Address
Primary address
5723 Faraday Avenue
ZIP code
10471
Neighborhood
North Riverdale
Borough
Bronx
Block & lot
05855-2288

Owner

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Building
Property type
Two Stories Detached (Small or Moderate Size, with or without Attic) (A1)
Building sq. ft.
1,344
Building dimensions
28 ft x 24 ft
Buildings on lot
1
Stories
2
Year built
1930
Last altered
2011
Building material
Frame
Exterior wall
Stucco
Basement
4
Garage type
Attached Garage
Sales
Sale date
07/02/2012
Sale price
$590,500
Tax
Tax year
2026-2027
Property tax
$10,110
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1
Residential sq. ft.
Commercial units
0
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Faraday Avenue (narrow)
Nearest wide street
Fieldston Road
Distance to wide street
Lot dimensions
50 ft x 100 ft
Lot sq. ft.
5,000

Area overview

Walk score
87 /100.  Very Walkable
Transit score
68 /100.  Good Transit
Bike score
41 /100.  Somewhat Bikeable
School district
10
Community district
8
Closest police station
1.48 Miles
Closest fire station
0.97 Miles

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Ownership information for 5723 Faraday Avenue, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 5723 Faraday Avenue, Bronx, NY 10471

Sale date Sale price Buyer name Seller name
07/02/2012 $590,500 XXXXXXX, XXXXXX XXXXXX XXXXXX XXX
02/07/2011 $250,000 XXXXXX XXXXXX XX X XXXXXX, XXXXXXX X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/25/2022 - R
07/20/2022 - D
Deed
(2022072100711001)
XXXXXXX XXXXXX XXXX XXXXXXX XXX
11/01/2017 - R
10/16/2017 - D
Satisfaction of Mortgage
(2017101600693001)
XXXXXXX XXXXXX XXXX
04/18/2016 - R
03/28/2016 - D
Satisfaction of Mortgage
(2016040800608001)
XXXXXXX XXXXXX XX XXXX X X
01/10/2014 - R
12/03/2013 - D
Mortgage
(2014010700419001)
XXXXXXX XXXXXX XX XXXX XX
07/16/2012 - R
07/02/2012 - D
Mortgage
(2012071000481002)
XXXXXXX XXXXXX XXXX
07/16/2012 - R
07/02/2012 - D
Deed
(2012071000481001)
XXXXXX XXXXXX XXX XXXXXXX XXXXXX
11/23/2011 - R
11/16/2011 - D
Tax Lien Sale Certificate
(2011112200478001)
XXXX XX XXX XXXX XXXX XX XXX XXXX
10/05/2011 - R
09/15/2011 - D
Discharge of Tax Lien
(2011092500022001)
XXX XXXX XX XXX XXXX XXXXXX XX XXXXXXXXXX XXXXX
09/13/2011 - R
08/15/2011 - D
Discharge of Tax Lien
(2011090500011001)
XXX XXXX XX XXX XXXX XXXXXX XX XXXXXXXXXX XXXXX
09/12/2011 - R
08/15/2011 - D
Discharge of Tax Lien
(2011090500008001)
XXX XXXX XX XXX XXXX XXXXXX XX XXXXXXXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 5723 Faraday Avenue, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$10,110
Municipal exemptions
Recent tax assessments
Market value
$903,000
Assessed value
$54,180

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $956,000 $57,360 $50,566 19.843% $10,034 $10,034 +4.72%
2024/25 $1,055,000 $63,300 $47,704 20.085% $9,581 $9,581 +6.00%
2023/24 $989,000 $59,340 $45,004 20.085% $9,039 $9,039 +4.83%
2022/23 $859,000 $51,540 $42,457 20.309% $8,623 $8,623 +1.73%
2021/22 $861,000 $51,660 $42,457 19.963% $8,476 $8,476 -4.42%
2020/21 $897,000 $53,820 $42,138 21.045% $8,868 $8,868 +5.39%
2019/20 $904,000 $54,240 $39,753 21.167% $8,415 $8,415 +7.26%
2018/19 $1,059,000 $63,540 $37,503 20.919% $7,845 $7,845 +8.77%
2017/18 $894,000 $53,640 $35,381 20.385% $7,212 $7,212 +1.97%
2016/17 $714,000 $42,840 $35,381 19.991% $7,073 $7,073 +2.97%

Permit information for 5723 Faraday Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
02/06/2013 Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

HPD Violations

No recently recorded violations for this property.

NorthRiverdale, Fieldston, Riverdale residential market stats

Access a detailed real estate market overview of NorthRiverdale, Fieldston, Riverdale so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in NorthRiverdale, Fieldston, Riverdale and compare it to other neighborhoods in Bronx.

Median sale price

Median price/sq. ft.

Bronx median sale price

$352,500

13.7% Y-o-Y

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & 242nd St at NW Corner
Station lines
1
Distance (miles)
1.036

Access the detailed traffic volume map for 5723 Faraday Avenue, Bronx, NY 10471 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 81 Robert J Christen 9 Yes Public K-5 672 0.31
St Margaret Of Cortona School NR No Private PK, K-8 281 0.28
St Margaret Of Cortona School NR No Private PK, K-8 281 0.28
Riverdale Country School NR No Private PK-12 1,168 0.38
Riverdale Country School NR No Private PK-12 1,168 0.38
Salanter Akiba Riverdale Academy NR No Private PK, K-8 0 0.58
Las Hermanas Mirabal Community School 5 No Public PK, K-8 608 0.75
Las Hermanas Mirabal Community School 5 No Public PK, K-8 608 0.75
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Riverdale Kingsbridge Academy (Ms High School 141) 5 Yes Public 6-12 1,417 1.42
St Margaret Of Cortona School NR No Private PK, K-8 281 0.28
Riverdale Country School NR No Private PK-12 1,168 0.38
Salanter Akiba Riverdale Academy NR No Private PK, K-8 0 0.58
Horace Mann School NR No Private PK-12 1,786 0.67
St Margaret of Cortona School NR No Private PK-8 246 0.67
Las Hermanas Mirabal Community School 5 No Public PK, K-8 608 0.75
PEARLS Hawthorne 9 No Public PK, K-8 781 1.03
Eugenio Maria De Hostos Microsociety School 5 No Public PK, K-8 568 1.19
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Sar High School NR No Private 9-12 536 0.32
Riverdale Country School NR No Private PK-12 1,168 0.38
Horace Mann School NR No Private PK-12 1,786 0.67
Yeshiva Of The Telshe Alumni NR No Private 9-12 97 0.67
Yeshiva Ohavei Torah Of Riverdale NR No Private 9-12 81 0.67
Riverdale Kingsbridge Academy (Ms High School 141) 5 No Public 6-12 1,417 1.42
Yonkers High School 6 No Public 9-12 1,060 1.64
International Leadership Charter School NR No Charter 9-12 318 1.75
Bronx Collaborative High School 2 No Public 9-12 444 1.76
World View High School 5 No Public 9-12 632 1.76

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 5723 Faraday Avenue, Bronx, NY 10471?

The development at 5723 Faraday Avenue, Bronx, NY 10471 was built in 1930.

What is the total square footage of 5723 Faraday Avenue, Bronx, NY 10471?

5723 Faraday Avenue, Bronx, NY 10471 has a total of 1,344 square feet.

When was 5723 Faraday Avenue, Bronx, NY 10471 last sold and what was the sale price?

5723 Faraday Avenue, Bronx, NY 10471 was last sold on 07/02/2012 for $590,500.

What is the assessed value of 5723 Faraday Avenue, Bronx, NY 10471?

5723 Faraday Avenue, Bronx, NY 10471 is currently assessed at $54,180.

What are the property taxes for 5723 Faraday Avenue, Bronx, NY 10471?

The property taxes for 5723 Faraday Avenue, Bronx, NY 10471 total $10,109.

How many residential units does this building have?

This building has 1 residential unit(s).

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