NOT LISTED FOR SALE

470 E 161st St Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $12,266,908

Studio
-- Bath
61,187 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 470 E 161st St, Bronx, NY 10451 and is currently estimated at $12,266,908, approximately $200 per square foot. 470 E 161st St is a home located in Bronx County with nearby schools including X298 Academy of Public Relations, Hostos-Lincoln Academy of Science, and Middle School 223 Laboratory School of Finance and Technology.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2017
Sold by
Pyramid Investors Jv Llc
Bought by
470 East 161 Llc
Current Estimated Value
$12,266,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,347,940
Outstanding Balance
$3,596,888
Interest Rate
4.17%
Estimated Equity
$8,450,921

Purchase Details

Closed on
Jun 2, 2014
Sold by
The People Of The State Of New York
Bought by
Pyramid Investors Jv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,300,000
Interest Rate
4.21%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
470 East 161 Llc $16,000,000 --
Pyramid Investors Jv Llc $6,851,162 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 470 East 161 Llc $4,347,940
Previous Owner Pyramid Investors Jv Llc $4,300,000
Source: Public Records

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 $362,046 $3,350,880 $239,400 $3,111,480
2024 $362,046 $3,418,110 $239,400 $3,178,710
2023 $356,428 $3,348,000 $239,400 $3,108,600
2022 $349,575 $3,250,350 $239,400 $3,010,950
2021 $337,487 $3,155,850 $239,400 $2,916,450
2020 $386,501 $3,888,000 $239,400 $3,648,600
2019 $375,277 $3,774,600 $239,400 $3,535,200
2018 $365,228 $3,664,800 $239,400 $3,425,400
2017 $355,879 $3,558,150 $239,400 $3,318,750
2016 $350,763 $3,454,650 $239,400 $3,215,250
2015 -- $3,353,850 $239,400 $3,114,450
2014 -- $3,256,200 $239,400 $3,016,800
Source: Public Records

Map

New York Bronx County Bronx 10451 Melrose

470 E 161st St, Bronx, NY

Not Listed for Sale

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