# 195 East 163rd Street, The Bronx

Apartment building · 18 units · built 2023 · Block 2461, Lot 81.

On Umarelli: https://umarelli.org/nyc/2024610081/195-east-163-street

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

## Building permits

- New Building — Multi-Family, filed Dec 26, 2022, estimated cost $1.0M, 18 units, 6 stories, described as “Proposing new six story mix use building”
- Alteration, filed Oct 2, 2023, described as “Installation of temporary sidewalk shed per plan submitted. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Oct 2, 2023, described as “Installation of supported scaffold per plan submitted. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 9, 2022, described as “Filing Foundation in conjunction with primary NB application X08039141-I1”

## Property taxes

- Assessment: $1,101,150
- 2026–27 tax: $9,748
- Market value (city estimate): $2,447,000
- Taxable value: $78,364
- Assessed land: $90,000
- Assessed improvements: $1,011,150

## Tax breaks

- 421-a exemption, through Jun 30, 2060, about $127,224 a year below the full tax.

## Zoning

R8: floor area ratio 5.99 built, 6.02 allowed by base zoning.

## Recent sales

- Mar 16, 2023: $1,100,000

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

[Permits Filed for 195 East 163rd Street in Concourse, The Bronx](https://newyorkyimby.com/2022/12/permits-filed-for-195-east-163rd-street-in-concourse-the-bronx.html), New York YIMBY, Dec 29, 2022.

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