NOT LISTED FOR SALE

298 E 163rd St Bronx, NY 10451

Concourse Village Neighborhood

Estimated Value: $901,491 - $995,000

0.07 Acre
$13,591,043 Price per Acre
2,875 Sq Ft Lot

Last Sold March 28, 2024

Last sale price $900,000 $364 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,467/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 Listed By

Bopaul Sookdeo

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

YourHomeSold Guaranteed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,804

Year Built

  • 1901

Lot Details

  • 2,875 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 02422-0020

Property Details

Property Type

Land

Est. Annual Taxes

$1,804

Year Built

1901

Lot Details

0

Listing Details

  • Property Type: Land
  • Property SubType: Unimproved Land
  • Attribution Contact: (718) 324-6060
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1901

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: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2875
  • Lot Size Units: Acres
  • Parcel Number: 02422-0020
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1804
  • Tax Map Number: 02422-0020

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
Feb 25, 2025
Sold by
Hax Eagle Llc
Bought by
Hb 163 Llc
Total Days on Market
80
Current Estimated Value
$951,373

Purchase Details

Closed on
Jun 6, 2024
Sold by
Ali Mohammad
Bought by
Hax Eagle Llc

Purchase Details

Closed on
Apr 20, 2007
Sold by
Siddika Ayesha
Bought by
Ali Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,500
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2005
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Siddika Ayesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2005
Sold by
Chase Manhattan Mortgage Corporation
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Oct 21, 2003
Sold by
Kaminsky Harvey Referee Esq
Bought by
Chase Manhattan Mortgage Corporation

Purchase Details

Closed on
Jan 11, 2002
Sold by
Graham Nicholas
Bought by
Mcharris Devon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,100
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Garcia Ana T
Bought by
Windsor Holding Corp

Purchase Details

Closed on
Feb 10, 1998
Sold by
Mevurach Homes Corp
Bought by
Garcia Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 8, 1997
Sold by
Cammon Bryant
Bought by
Mevurach Homes Corp

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
Hb 163 Llc -- --
Hax Eagle Llc $900,000 --
Ali Mohammad $550,000 --
Ali Mohammad $550,000 --
Siddika Ayesha $481,650 --
Siddika Ayesha $481,650 --
Secretary Of Housing And Urban Developme $407,529 --
Secretary Of Housing And Urban Developme $407,529 --
Chase Manhattan Mortgage Corporation $407,529 --
Chase Manhattan Mortgage Corporation $407,529 --
Mcharris Devon -- --
Mcharris Devon -- --
Windsor Holding Corp -- --
Windsor Holding Corp -- --
Garcia Ana -- --
Garcia Ana -- --
Mevurach Homes Corp $52,500 Uslife Title Insurance Compa
Cammon Bryant $35,000 Uslife Title Insurance Compa
Mevurach Homes Corp $52,500 Uslife Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Mohammad $533,500
Previous Owner Siddika Ayesha $379,600
Previous Owner Siddika Ayesha $94,900
Previous Owner Mcharris Devon $374,100
Previous Owner Garcia Ana $24,459
Previous Owner Garcia Ana $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $1,885 $9,384 $3,388 $5,996
2023 $1,804 $8,881 $2,857 $6,024
2022 $1,673 $40,680 $14,340 $26,340
2021 $1,666 $34,200 $14,340 $19,860
2020 $1,674 $37,800 $14,340 $23,460
2019 $1,636 $35,100 $14,340 $20,760
2018 $1,509 $7,401 $3,685 $3,716
2017 $1,424 $6,984 $3,717 $3,267
2016 $1,319 $6,596 $3,519 $3,077
2015 $795 $6,592 $3,232 $3,360
2014 $795 $6,517 $2,722 $3,795
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

    26 Total Sales

    Bopaul Sookdeo
    Section Image
  • Arif Baksh

    Buyer's Agent in 2024

    Arif Baksh

    YourHomeSold Guaranteed Realty

    (914) 494-1549

    3 in this area

    78 Total Sales

    Arif Baksh
    Section Image
  • Ronald Boughton

    Buyer's Agent in 2024

    Ronald Boughton

    Caruso & Boughton Realty Inc

    (516) 775-4000

    3 in this area

    18 Total Sales

    Ronald Boughton
    Section Image

  • S

    Buyer Co-Listing Agent in 2024

    Steven Prashad

    YourHomeSold Guaranteed Realty

    (646) 208-8769

    3 in this area

    43 Total Sales

    Steven Prashad
    Section Image
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Map

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Source: OneKey® MLS

MLS Number: KEY6281378

OneKey® MLS

APN: 02422-0020

New York Bronx County Bronx 10451 Concourse Village

298 E 163rd St, Bronx, NY

Homes for Sale in Bronx, NY

This home is located at 298 E 163rd St, Bronx, NY 10451 since 14 December 2023 and is currently estimated at $951,373, approximately $384 per square foot. This property was built in 1901. 298 E 163rd St is a home located in Bronx County with nearby schools including P.S. 35 Franz Siegel, Jhs 22 Jordan L Mott, and Success Academy Charter School-Bronx 3.

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