NOT LISTED FOR SALE

Estimated Value: $861,000 - $998,000

0.08 Acre
$11,766,662 Price per Acre
3,511 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $680,000 $332 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,081/month

63 Days on Market

About This Lot

As of October 2023

HUGE DEVELOPMENT SITE IN PRIME BRONX LOCATION!! This is a double-lot, 1)Block 4729, Lot 10, 1276 E 222nd St and 2)Block 4729, Lot 11. 1278 E 222nd St., Bronx, NY 10469. Zoning is R5. Lot 1 (Block 4729, Lot 10) is 27' x 119.08' Lot 2 (Block 4729, Lot 11) is 25.80' x 136'. With city pre-approved plans and surveys. Also with DOB sprinkler system approvals for both lots. Can build two 3-family houses or two 2-family houses. Located on US-1, prime location, sharing wall with Walgreens. These lots can also be used for parking purposes. Lots are fenced-in. Lot 1: FAR / MAX FAR 0.000 / 1.250. Lot 2: FAR / MAX FAR 0.440 / 1.250 Please verify all info with your architect. Call for City Approved Plans and Surveys. Developers, Investors, don't miss out on this one!

Last Agent to Sell the Property

Danny Agboh

Charles Rutenberg Realty, Inc. Brokerage Phone: 718-994-4002 License #10301207017 Listed on: 07/19/2023

Charles Rutenberg Realty, Inc.

Last Buyer's Agent

Danny Agboh

Charles Rutenberg Realty, Inc. Brokerage Phone: 718-994-4002 License #10301207017 Listed on: 07/19/2023

Charles Rutenberg Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,177

Lot Details

  • 3,511 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Listing and Financial Details

  • Assessor Parcel Number 04729-0010

Property Details

Property Type

Land

Est. Annual Taxes

$1,177

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Development Status: Building Permit Obtained, Finished Lot(s), Raw Land, Site Plan Approved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3511
  • Lot Size Units: Acres
  • Lot Features: Level, Cleared
  • Parcel Number: 04729-0010
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1177
  • Tax Map Number: 04729-0010

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Mucejani Arjon
Bought by
1278 East 222 St Llc
Current Estimated Value
$941,333

Purchase Details

Closed on
May 29, 2025
Sold by
1278 East 222 St Llc
Bought by
Mucejani Arjon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2024
Sold by
Ag Holdings Ny Llc
Bought by
1278 East 222 St Llc

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 3, 2023
Sold by
Tiemann Development Llc
Bought by
Ag Holdings Ny Llc
Seller's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
Buyer's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
List Price
$725,000
Sold Price
$680,000
Premium/Discount to List
-$45,000
-6.21%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%

Purchase Details

Listed on
Jan 17, 2023
Closed on
Apr 26, 2023
Sold by
Dnr 222 Corp and Rnd 222 Corp
Bought by
Tiemann Development Llc
Seller's Agent
Ines Hernandez
Charmed Realty
Buyer's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
List Price
$669,000
Sold Price
$625,000
Premium/Discount to List
-$44,000
-6.58%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%
Original Mortgage
$625,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2021
Sold by
Cannistraci Thomas J
Bought by
Rnd 222 Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
1278 East 222 St Llc -- --
Mucejani Arjon -- --
1278 East 222 St Llc -- --
1278 East 222 St Llc -- --
Ag Holdings Ny Llc $680,000 --
Ag Holdings Ny Llc $680,000 --
Tiemann Development Llc $1,250,000 --
Tiemann Development Llc $1,250,000 --
Rnd 222 Corp $265,000 --
Rnd 222 Corp $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mucejani Arjon $407,500
Previous Owner Tiemann Development Llc $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $680,000 -6.2% $332 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $725,000 +16.0% $354 / Sq Ft
05/01/2023 05/01/23 Sold $625,000 -6.6% $305 / Sq Ft View Prior Sale
04/27/2023 04/27/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $669,000 -- $327 / 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
2025 $1,788 $48,438 $9,438 $39,000
2024 $1,788 $8,904 $8,904 $0
2023 $1,706 $26,376 $26,376 $0
2022 $4,967 $35,100 $8,400 $26,700
2021 $5,177 $36,840 $8,400 $28,440
2020 $4,912 $33,060 $8,400 $24,660
2019 $4,580 $30,840 $8,400 $22,440
2018 $4,463 $21,896 $6,360 $15,536
2017 $4,227 $20,736 $6,720 $14,016
2016 $4,098 $20,499 $7,017 $13,482
2015 $1,573 $19,340 $7,431 $11,909
2014 $1,573 $18,247 $8,422 $9,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6260617

OneKey® MLS

APN: 04729-0010