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 on 02/27/24
$1,200,000
386 E 159th St, Bronx, NY 10451
8beds
3,024sqft
MultiFamily
Built in 1920
-- sqft lot
$1,177,400 Zestimate®
$397/sqft
$3,014 Estimated rent
What's special
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