# 286 East 163rd Street, The Bronx

Apartment building · 18 units · built 2022 · Block 2422, Lot 15.

On Umarelli: https://umarelli.org/nyc/2024220015/286-east-163-street

More construction in Melrose and Concourse: https://umarelli.org/nyc/bronx/melrose-and-concourse.md

## Building permits

- Alteration, filed Apr 6, 2023, estimated cost $9K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Nov 30, 2021, estimated cost $35K, described as “Drawings for earthwork for excavation of Alt 1 with cellar. Underpinning filed separately.”
- Alteration, filed Nov 24, 2021, estimated cost $3K, described as “Proposed construction plywood fence”
- Alteration, filed Nov 22, 2021, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Mar 16, 2021, estimated cost $660K, described as “Proposed Plumbing and Sprinkler work type in Conjunction with NB application Number 220717927”
- Alteration, filed Mar 16, 2021, estimated cost $305K, described as “Proposed mechanical work in conjunction with NB 220717927 for new six story residential building 18 dwelling units.”
- Alteration, filed Dec 14, 2020, estimated cost $857K, described as “Structural Design for new 6-story structure located at 286 E 163rd Street.”
- Alteration, filed Dec 11, 2019, estimated cost $3K, described as “Proposed construction plywood fence”

## Property taxes

- Assessment: $961,200
- 2026–27 tax: $1,257
- Market value (city estimate): $2,136,000
- Taxable value: $10,109
- Assessed land: $59,850
- Assessed improvements: $901,350

## Tax breaks

- 421-a exemption, through Jun 30, 2059, about $118,306 a year below the full tax.

## Zoning

R7-1: floor area ratio 6.32 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 2, 2019: $735,000
- Aug 11, 2017: $540,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[Housing Lottery Launches for 286 East 163rd Street in Concourse Village, The Bronx](https://newyorkyimby.com/2024/01/housing-lottery-launches-for-286-east-163rd-street-in-concourse-village-the-bronx.html), New York YIMBY, Jan 9, 2024.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology