Keller Williams Realty NYC Group has been retained on an exclusive basis to sell 386 E 159th St, a legal detached 3 family in the Melrose section of the Bronx. This property provides an opportunity for development in one of the most rapidly appreciating areas of the Bronx. In recent years the surrounding area has experienced a revitalization with quite a few new developments. The lot size of this property is 32.34'x98.31', zoned R8, with an FAR of 6.02, offering developers over 19k BSF. The property sits less than a mile from the court house on the Grand Concourse and Yankee Stadium and a few mins from the major shopping and transportation hub at 149th St & 3rd Ave, offering the 2 & 5 trains. With the neighborhood showing strong growth, it makes for an ideal development opportunity.
Sold for $1,200,000
$1,200,000
386 E 159th St, Bronx, NY 10451
8beds
3,024sqft
MultiFamily
Built in 1920
-- sqft lot
$1,294,500 Zestimate®
$397/sqft
$3,122 Estimated rent
Home value
$1,294,500
$1.14M - $1.46M
$3,122/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Oil
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,024 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage - Detached
Lot
- Size: 4,917 sqft
Details
- Parcel number: 024050019
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Bronx
Other
Other facts
- roof_types: Unknown
- architectural_style: Other
- central_air_desc: Window Unit(s) A/C
- parking: Driveway
- taxes_annual: 1864
- grade_school: Call NYC DOE
- original_listhub_key: 3yd-WPMLSNY-4856710
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2024 | Sold | $1,200,000-29.4%$397/sqft |
Source: Public Record Report a problem | ||
| 9/27/2020 | Listing removed | $1,700,000$562/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 6/27/2020 | Pending sale | $1,700,000$562/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 6/27/2020 | Listed for sale | $1,700,000$562/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 4/9/2020 | Listing removed | $1,700,000$562/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 1/8/2020 | Pending sale | $1,700,000$562/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 1/8/2020 | Listed for sale | $1,700,000+36%$562/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 7/29/2019 | Listing removed | $1,250,000$413/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 5/3/2019 | Pending sale | $1,250,000$413/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 5/3/2019 | Listed for sale | $1,250,000$413/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 3/26/2019 | Listing removed | $1,250,000$413/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 2/12/2019 | Pending sale | $1,250,000$413/sqft |
Source: Keller Williams Realty NYC Group #4856710 Report a problem | ||
| 12/29/2018 | Listed for sale | $1,250,000$413/sqft |
Source: Keller Williams Realty NYC Grp #4856710 Report a problem | ||
| 11/1/2017 | Listing removed | $1,250,000$413/sqft |
Source: Besmatch Real Estate #4714955 Report a problem | ||
| 4/25/2017 | Price change | $1,250,000+25.1%$413/sqft |
Source: Besmatch Real Estate #4714955 Report a problem | ||
| 4/18/2017 | Price change | $999,000-33.4%$330/sqft |
Source: Besmatch Real Estate #4714955 Report a problem | ||
| 4/7/2017 | Listed for sale | $1,500,000+1053.8%$496/sqft |
Source: Besmatch Real Estate #4714955 Report a problem | ||
| 3/10/1999 | Sold | $130,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,413 +6% | $61,980 +19.1% |
| 2024 | $2,276 +4.8% | $52,020 +1.5% |
| 2023 | $2,172 | $51,240 -2.7% |
| 2022 | -- | $52,680 +15.1% |
| 2021 | -- | $45,780 +9.5% |
| 2020 | $1,823 +7.1% | $41,820 +10.8% |
| 2019 | $1,703 -8.6% | $37,740 +323.5% |
| 2018 | $1,864 +2.6% | $8,911 |
| 2017 | $1,817 +24.7% | $8,911 +0.9% |
| 2016 | $1,456 | $8,835 +5.9% |
| 2015 | $1,456 +83.4% | $8,343 +6% |
| 2014 | $794 | $7,871 +6% |
| 2013 | -- | $7,426 |
| 2012 | -- | $7,426 +0.9% |
| 2011 | -- | $7,363 +5.9% |
| 2010 | -- | $6,953 +6% |
| 2009 | -- | $6,560 +6% |
| 2008 | -- | $6,189 |
| 2007 | -- | $6,189 +0.9% |
| 2006 | -- | $6,136 +5.9% |
| 2005 | -- | $5,795 +6% |
| 2004 | -- | $5,467 -17.1% |
| 2003 | -- | $6,598 +6% |
| 2002 | -- | $6,225 +6% |
| 2001 | -- | $5,875 |
| 2000 | -- | $5,875 |
Find assessor info on the county website
Neighborhood: Melrose
Nearby schools
GreatSchools rating
- 5/10Ps Ms 29 Melrose SchoolGrades: PK-8Distance: 0.1 mi
- 3/10South Bronx Academy For Applied MediaGrades: 6-8Distance: 0.6 mi
- 1/10Mott Haven Village Prep High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Bronx
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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