NOT LISTED FOR SALE

Estimated Value: $779,000 - $915,753

0.06 Acre
$14,328,133 Price per Acre
2,575 Sq Ft Lot

Last Sold May 20, 2022

Last sale price $799,000 $439 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,962/month

284 Days on Market

About This Lot

As of May 2022

This R7/C1-4 zoned development site is situated in the heart of High Bridge, Bronx. Located between West 164th Street and West 165th Street, the interior lot is only 0.5-mile to the 167th Street subway station, serviced by the 4 train. A proposed 60-foot-tall development plan pending approval. The plan is to yield 13,750 square feet, with 8,516 square feet designated for residential space, 3,800 square feet for commercial space, and 1,434 square feet for community facility space. Prime location, close to multiple supermarkets, Yankee Stadium, Grand Concourse, subway station, and major highways. This is a great investment opportunity to capitalize on the rapidly growing demand for new construction, residential, and commercial space in the Bronx.

Last Agent to Sell the Property

Barbie Li

B Square Realty License #10311207854 Listed on: 06/04/2021

B Square Realty

Last Buyer's Agent

Barbie Li

B Square Realty License #10311207854 Listed on: 06/04/2021

B Square Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,572

Year Built

  • 1901

Lot Details

  • 2,575 Sq Ft Lot
  • Cleared Lot
  • Zoning described as Commercial

Property Details

Property Type

Land

Est. Annual Taxes

$1,572

Year Built

1901

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Attribution Contact: 718-939-8388
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1901

Exterior Features

  • Flood Zone Report: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Dimensions: 2575
  • Lot Size Sq Ft: 2575.00
  • Lot Size Units: Acres
  • Lot Features: Cleared
  • Zoning Description: Commercial

Rental Info

  • Hold Start Date: 2022-01-11

Tax Info

  • Close Date: 2022-05-20
  • Tax Annual Amount: 1572.00

MLS Schools

  • Middle School District: Bronx 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
May 20, 2022
Sold by
Ogden Avenue Realty Llc
Bought by
Newmar Properties Inc
Seller's Agent
Barbie Li
B Square Realty
Buyer's Agent
Barbie Li
B Square Realty
List Price
$888,000
Sold Price
$799,000
Premium/Discount to List
-$89,000
-10.02%
Total Days on Market
284
Current Estimated Value
$859,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,688
Avg. Annual Appreciation
2.45%

Purchase Details

Closed on
Jan 17, 2018
Sold by
Omega Construction Solutions Llc
Bought by
Ogden Avenue Realty Llc

Purchase Details

Listed on
Aug 20, 2015
Closed on
Mar 1, 2016
Sold by
Nolasco Carmen and Nolasco Maximo
Bought by
Omega Construction Solutions Llc
Seller's Agent
Emily Martinez
Howard Hanna Rand Realty
Buyer's Agent
Emily Martinez
Howard Hanna Rand Realty
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
Jul 24, 1995
Sold by
Caraballo Elbert
Bought by
Nolasco Maximo and Nolasco Carmen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Newmar Properties Inc $799,000 --
Newmar Properties Inc $799,000 --
Ogden Avenue Realty Llc $450,000 --
Ogden Avenue Realty Llc $450,000 --
Omega Construction Solutions Llc $310,000 --
Omega Construction Solutions Llc $310,000 --
Nolasco Maximo $42,500 First American Title Ins Co
Nolasco Maximo $42,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolasco Carmen $269,500
Previous Owner Nolasco Carmen $165,000
Previous Owner Nolasco Maximo $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $799,000 0.0% $439 / Sq Ft
01/11/2022 01/11/22 Off Market $799,000 -- --
06/04/2021 06/04/21 For Sale $888,000 +186.5% $488 / Sq Ft
03/03/2016 03/03/16 Sold $310,000 -11.4% $170 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $350,000 -- $192 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,801 $8,968 $8,968 $0
2023 $1,718 $8,460 $2,315 $6,145
2022 $1,675 $34,200 $9,360 $24,840
2021 $1,666 $34,560 $9,360 $25,200
2020 $1,581 $29,880 $9,360 $20,520
2019 $1,475 $27,120 $9,360 $17,760
2018 $1,437 $7,050 $2,558 $4,492
2017 $1,426 $6,993 $2,680 $4,313
2016 $1,319 $6,598 $2,149 $4,449
2015 $796 $6,225 $2,113 $4,112
2014 $796 $5,875 $2,394 $3,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3318780

OneKey® MLS

APN: 02525-0027