Seller's Agent in 2024
Bopaul Sookdeo
YourHomeSold Guaranteed Realty
(917) 806-5509
3 in this area
30 Total Sales
296 E 163rd St Bronx, NY 10451
Concourse Village NeighborhoodEstimated Value: $899,518 - $985,000
0.07
Acre
$13,534,000
Price per Acre
2,875
Sq Ft Lot
About This Lot
As of March 2024For 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
YourHomeSold Guaranteed Realty Brokerage Phone: (718) 324-6060 License #10401286543 Listed on: 12/14/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,964
Lot Details
- 2,875 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 02422-0019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2023
Closed on
Mar 27, 2024
Sold by
Roman Anthony
Bought by
Hb 163 Llc
Seller's Agent
Bopaul Sookdeo
YourHomeSold Guaranteed Realty
Buyer's Agent
Steven Prashad
YourHomeSold Guaranteed Realty
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,845
Avg. Annual Appreciation
2.88%
Purchase Details
Closed on
Apr 28, 2016
Sold by
Reyes Jimmy
Bought by
Roman Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,046
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2013
Sold by
Hsbc Bank Usa National Association and Nomura Home Equity Loan Inc
Bought by
Reyes Jimmy
Purchase Details
Closed on
Sep 17, 2012
Sold by
Christopher J Marengo Referee
Bought by
Hsbc Bank Usa National Association As
Purchase Details
Closed on
Aug 18, 2005
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Hussain Kabir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,880
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 3, 2004
Sold by
Wells Fargo Bank N A
Bought by
S/B/M Wells Fargo Home Mortgage Inc and Secretary Of Housing And Urban Developme
Purchase Details
Closed on
Jun 2, 2004
Sold by
Tara R Gooffney Esq
Bought by
Sbm Wells Fargo Home Mortgage Inc and Wells Fargo Bank N A
Purchase Details
Closed on
Jun 4, 2002
Sold by
Skeete Hyacinth
Bought by
Hernandez Rafael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,129
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 1997
Sold by
Family Tree Enterprises Inc
Bought by
Skeete Hyacinth
Purchase Details
Closed on
Jul 24, 1996
Sold by
Morse Eanos and Drenkov George
Bought by
Family Tree Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,425
Interest Rate
6%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hb 163 Llc | $900,000 | -- | |
| Hb 163 Llc | $900,000 | -- | |
| Roman Anthony | $478,000 | -- | |
| Roman Anthony | $478,000 | -- | |
| Reyes Jimmy | $239,384 | -- | |
| Reyes Jimmy | $239,384 | -- | |
| Hsbc Bank Usa National Association As | $359,371 | -- | |
| Hsbc Bank Usa National Association As | $359,371 | -- | |
| Hussain Kabir | $406,718 | -- | |
| Hussain Kabir | $406,718 | -- | |
| S/B/M Wells Fargo Home Mortgage Inc | -- | -- | |
| S/B/M Wells Fargo Home Mortgage Inc | -- | -- | |
| Sbm Wells Fargo Home Mortgage Inc | $407,465 | -- | |
| Sbm Wells Fargo Home Mortgage Inc | $407,465 | -- | |
| Hernandez Rafael | -- | -- | |
| Hernandez Rafael | -- | -- | |
| Skeete Hyacinth | -- | Commonwealth Land Title Ins | |
| Skeete Hyacinth | -- | Commonwealth Land Title Ins | |
| Family Tree Enterprises Inc | $46,425 | The Title Guarantee Company | |
| Family Tree Enterprises Inc | $46,425 | The Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Roman Anthony | $462,046 | |
| Previous Owner | Hussain Kabir | $320,880 | |
| Previous Owner | Hernandez Rafael | $374,129 | |
| Previous Owner | Family Tree Enterprises Inc | $46,425 |
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% | $364 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 01/13/2024 01/13/24 | Price Changed | $988,888 | -10.1% | $400 / Sq Ft |
| 12/14/2023 12/14/23 | For Sale | $1,100,000 | -- | $445 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $2,057 | $10,855 | $9,233 | $1,622 |
| 2024 | $2,057 | $10,243 | $3,698 | $6,545 |
| 2023 | $1,964 | $9,672 | $3,124 | $6,548 |
| 2022 | $1,931 | $37,320 | $14,340 | $22,980 |
| 2021 | $2,017 | $35,880 | $14,340 | $21,540 |
| 2020 | $1,915 | $37,260 | $14,340 | $22,920 |
| 2019 | $1,786 | $38,100 | $14,340 | $23,760 |
| 2018 | $1,643 | $8,060 | $3,697 | $4,363 |
| 2017 | $1,643 | $8,060 | $4,030 | $4,030 |
| 2016 | $1,597 | $7,987 | $4,105 | $3,882 |
| 2015 | $917 | $7,538 | $3,778 | $3,760 |
| 2014 | $917 | $7,114 | $3,032 | $4,082 |
Source: Public Records
Agents Affiliated with this Home
-
Bopaul Sookdeo
-
Steven Prashad
S
Buyer's Agent in 2024
Steven Prashad
YourHomeSold Guaranteed Realty
(646) 208-8769
3 in this area
76 Total Sales
-
Arif Baksh
Buyer Co-Listing Agent in 2024
Arif Baksh
YourHomeSold Guaranteed Realty
(914) 494-1549
3 in this area
83 Total Sales
-
Ronald Boughton
Buyer Co-Listing Agent in 2024
Ronald Boughton
Caruso & Boughton Realty Inc
(516) 775-4000
3 in this area
28 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6281375
APN: 02422-0019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
Nearby Homes
- 282 E 163rd St
- 943 Teller Ave Unit 3A
- 841 Courtlandt Ave
- 1010 Sherman Ave Unit 5B
- 1010 Sherman Ave Unit 2D
- 1010 Sherman Ave Unit 1A
- 1010 Sherman Ave Unit 4B
- 838 Courtlandt Ave
- 1046 Morris Ave
- 1037 College Ave
- 1046 College Ave
- 185 E 163rd St Unit F2
- 810 Courtlandt Ave
- 1020 Grand Concourse Unit 5X
- 1020 Grand Concourse Unit 17P
- 1020 Grand Concourse Unit 12V
- 1020 Grand Concourse Unit 14T
- 1020 Grand Concourse Unit 5T
- 1020 Grand Concourse Unit 6R
- 1020 Grand Concourse Unit 15C