285 East 163rd Street, The Bronx
Apartment building · 36 units · built 2022 · Block 2423, Lot 48.
Building permits
- Alteration, filed May 28, 2024, estimated cost $46K, described as “Filing herewith tax abatement application for installation of roof mounted solar panels. No change in use, egress or occupancy.”
- Alteration, filed Aug 31, 2021, estimated cost $3K, described as “Structural job in conjunction with NB BIS Job #240300535”
- Alteration, filed Jun 2, 2021, estimated cost $5K, described as “Temporary installation of heavy dute sidewalk shed as per drawings during general construction work. No change in use, egress, and occupancy. Sidewalk shed to comply with chapter 33OF the NYC building code of 2014.”
- Alteration, filed May 21, 2021, estimated cost $1K, described as “Mechanical systems for new 6-story building, total 36 dwelling units.”
- Alteration, filed May 19, 2021, estimated cost $3K, described as “8'-0" high construction fence”
- Alteration, filed May 11, 2021, estimated cost $1K, described as “Install new standpipe system for new 6-story building in conjunction with NB JOB#240300535. Sprinkler application filed separately under DOB NOW#X00458032.no change in use, egress or occupancy.”
- Alteration, filed Feb 20, 2021, estimated cost $5K, described as “Proposed 10'-0'' curb cut.”
- Alteration, filed Feb 16, 2021, estimated cost $238, described as “Plumbing work from floors 1 to 6 to & roof to propose (36) new sinks,(43) new lavatories,(36) new toilets,(36) new showers ,(4) new roof drains,(4) new washers, (2) new dry wells, (36) new stoves , (4) new dryer , (37) new gas meters…”
- Alteration, filed Feb 15, 2021, estimated cost $281, described as “Propose to install sprinkler system and service connection to water main as per plan. Filed in conjunction with application #240300535.”
- Alteration, filed Feb 1, 2021, estimated cost $5K, described as “Installation of temporary construction fence 340 Lin ft. for DM # 220734481 & NB # 240300535.”
Property taxes
- Assessment
- $1,980,000
- 2026–27 tax
- $1,693
- Market value (city estimate)
- $4,400,000
- Taxable value
- $13,613
- Assessed land
- $225,000
- Assessed improvements
- $1,755,000
Tax breaks
- 421-a exemption, through Jun 30, 2059, about $244,599 a year below the full tax.
Zoning
R7-1: floor area ratio 3.44 built, 3.44 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Oct 16, 2020: $1,650,000, 3,240 sq ft ($509 per sq ft)
Open-market sales since 2016, from the Department of Finance’s sales files.
In the news
Housing Lottery Launches for 285 East 163rd Street in Concourse Village, The Bronx, New York YIMBY, Aug 21, 2024.