NOT LISTED FOR SALE

294 E 163rd St Bronx, NY 10451

Concourse Village Neighborhood

Estimated Value: $888,943 - $1,029,000

0.09 Acre
$10,910,956 Price per Acre
4,025 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $900,000 $446 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,306/month

80 Days on Market

About This Lot

As of March 2024

For Sale: Prime Development Opportunity in the Bronx, NY Three adjacent properties at 394, 396, and 398 East 163rd St are available for purchase, ideal for developers. Totaling 85' by 115', these properties are zoned R7-1 on a Narrow Street, offering a unique opportunity. Key Details: Zoning: R7-1 on a Narrow Street (<75 feet wide), Combined size: 85' by 115', Allowable FAR: 3.44, resulting in a buildable area of 33,626 s.f. Maximum density coefficient: 680 s.f., allowing for a maximum of 49 apartments, Parking requirement: 30%, equivalent to 15 spaces (waivable), Potential for a 49-unit building with no parking, Maximum Height: 75 feet This is a promising venture for developers to create a significant residential or mixed-use project. Explore the possibilities of maximizing the buildable area and unit count, with the potential to introduce a Community Facility for added flexibility. Conatct us for more details

Last Agent to Sell the Property

Bopaul Sookdeo

YourHomeSold Guaranteed Realty Brokerage Phone: (718) 324-6060 License #10401286543 Listed on: 12/14/2023

YourHomeSold Guaranteed Realty

Last Buyer's Agent

Steven Prashad

YourHomeSold Guaranteed Realty License #10401258466

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,899

Lot Details

  • 4,025 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 02422-0018

Property Details

Property Type

Land

Est. Annual Taxes

$1,899

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Attribution Contact: (718) 324-6060
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4025
  • Lot Size Units: Acres
  • Parcel Number: 02422-0018
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1899
  • Tax Map Number: 02422-0018

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
Jun 30, 2025
Sold by
Hb 163 Llc
Bought by
Hb 163 Llc
Current Estimated Value
$981,986

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 27, 2024
Sold by
Concepcion Ana and Concepcion Francisco
Bought by
Hb 163 Llc
Seller's Agent
Bopaul Sookdeo
YourHomeSold Guaranteed Realty
Buyer's Agent
Steven Prashad
YourHomeSold Guaranteed Realty
List Price
$1,200,000
Sold Price
$900,000
Premium/Discount to List
-$300,000
-25%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Nov 15, 2002
Sold by
Tucker Errol and Tucker Leila
Bought by
Concepcion Francisco and Concepcion Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,300
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Hb 163 Llc -- --
Hb 163 Llc $900,000 --
Hb 163 Llc $900,000 --
Concepcion Francisco -- --
Concepcion Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Concepcion Francisco $184,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $900,000 -9.0% $446 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/13/2024 01/13/24 Price Changed $988,888 -17.6% $491 / Sq Ft
12/14/2023 12/14/23 For Sale $1,200,000 -- $595 / 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 $1,986 $10,457 $8,698 $1,759
2024 $1,986 $9,886 $3,996 $5,890
2023 $1,899 $9,348 $3,690 $5,658
2022 $1,866 $36,840 $16,320 $20,520
2021 $1,862 $33,840 $16,320 $17,520
2020 $1,845 $36,060 $16,320 $19,740
2019 $1,723 $29,040 $16,320 $12,720
2018 $1,588 $7,790 $4,772 $3,018
2017 $1,588 $7,790 $4,986 $2,804
2016 $1,474 $7,372 $4,820 $2,552
2015 $886 $7,262 $3,851 $3,411
2014 $886 $6,865 $3,092 $3,773
Source: Public Records

Agents Affiliated with this Home

  • Bopaul Sookdeo

    Seller's Agent in 2024

    Bopaul Sookdeo

    YourHomeSold Guaranteed Realty

    (917) 806-5509

    3 in this area

    32 Total Sales

    Bopaul Sookdeo
    Section Image

  • S

    Buyer's Agent in 2024

    Steven Prashad

    YourHomeSold Guaranteed Realty

    (646) 208-8769

    3 in this area

    68 Total Sales

    Steven Prashad
    Section Image
  • Arif Baksh

    Buyer Co-Listing Agent in 2024

    Arif Baksh

    YourHomeSold Guaranteed Realty

    (914) 494-1549

    3 in this area

    83 Total Sales

    Arif Baksh
    Section Image
  • Ronald Boughton

    Buyer Co-Listing Agent in 2024

    Ronald Boughton

    Caruso & Boughton Realty Inc

    (516) 775-4000

    3 in this area

    30 Total Sales

    Ronald Boughton
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6281314

OneKey® MLS

APN: 02422-0018

New York Bronx County Bronx 10451 Concourse Village

294 E 163rd St, Bronx, NY

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