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1368 Metropolitan Avenue

1368 Metropolitan Avenue, Bronx, NY 10462
Condo in Parkchester
2,719 Units
1 Units For Sale
Unit for sale at 1368 Metropolitan Ave, Bronx, NY 10462

$275,000 In Contract

  • 2 Beds
  • 1 Bath
  • 829 ft²
1368 Metropolitan Ave, Bronx, NY 10462 Listing by Modasser Khosseine

1368 Metropolitan Avenue is a condo located in Parkchester, Bronx. The building was first built in 0 and is 2024 years old. The official lot area is listed as 951,289 square feet. In total, 1368 Metropolitan Avenue has a total floor area of 2,199,075 square feet. Of that, 1,965,090 square feet are used for residential purposes. About 233,985 square feet of the building are used for commercial purposes. There are a total of 2,719 units. Of those, 2,659 are residential units. There are 60 commercial units.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. There are 3,448 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 111 days and tend to sell below the original asking price of $299,000 by 5.88%. The transaction that took the longest to complete was unit 4G, listed on Sep 14, 2022 for $300,000. This particular unit ultimately sold 161 days later for $260,000. The most recent transaction was for unit 1D, sold for $195,000 on Feb 27, 2024. Fun fact, the oldest transaction we have on record took place on Jun 30, 1998. See the full transaction history for 1368 Metropolitan Avenue below.

Parkchester, where 1368 Metropolitan Avenue is located, has a median asking price of $269,000 for condo buildings. Meanwhile, the building itself has a median asking price of $299,000. For interested buyers, that means the building's median asking price is around 0.67% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $275,000. It is a 829 sqft 2-bedroom and 1-bathroom unit.

Building Features

Parking

No Parking
On-Street Parking

Ownership & Occupancy

Sublets Allowed

Laundry

Washer / Dryer Allowed

Facilities

Laundry Room

Accessibility

Elevators
ADA Access

Location

Near Public Transit
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230828 Unit 5C
08/28/2023
5C
2 Bed
1 Bath
-
$299,000
bedrooms
2 Bed
bathrooms
1 Bath
$289,000 -3.34%
11/30/2023
Zaida Perez
Elite Real Estate Group 1 LLC
20220914 Unit 4G
09/14/2022
4G
2 Bed
1 Bath
-
$300,000
bedrooms
2 Bed
bathrooms
1 Bath
-
02/22/2023
Mohammed Rahman
Charles Rutenberg Realty, Inc.
20190614 Unit 5G
06/14/2019
5G
2 Bed
1 Bath
-
$255,000
bedrooms
2 Bed
bathrooms
1 Bath
$240,000 -5.88%
10/04/2019
John Lajara
RE/MAX In the City

Building Info

Overview

    General

  • Year Built: 0
  • Building Count: 39
  • Total Unit Count: 2,719
  • Residential Unit Count: 2,659
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 951,289
  • Lot Size Frontage Feet: 0
  • Gross Building Area: 2,199,075

    Building Floor Area

  • Residential Building Floor Area: 1,965,090
  • Commercial Building Floor Area: 233,985
  • Retail Building Floor Area: 233,985

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: RM
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: N

Neighborhood

  • Community District: 209
  • City Council District: 18
  • Police Precinct: 43
  • Fire Company: E064
  • Health Area: 1310
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3A
  • School District: 11

Zoning

  • Split Boundary Zone Indicator: Y
  • Zoning: R6
  • Zoning District 2: C4-2
  • Special Purpose District 1: PC
  • Zoning Commercial Overlay 1: C2-2

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 3938
  • Lot: 7501
  • Borough Block Lot: 2039387501

    Address

  • Full Address: 25 Metropolitan Oval
  • Condominium Number: 23
  • Zip Code: 10462

Valuation

    Assessments Valuation

  • Assessed Total Value: $87,470,483
  • Assessed Land Value: $1,895,777

    Exemptions

  • Exempt Total Value: $52,998,366
  • Exempt Land Value: $0

About East Bronx



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Nearby Rentals

Unit for rent at 2105 Continental Avenue, Bronx, NY, 10461

$2,200 /mo

  • Studio
  • 1 Bath
  • 2,970 ft²
2105 Continental Avenue #WALKINLEVEL, Bronx, NY, 10461 Listing by Erica L. Menendez
Unit for rent at 875 Longfellow Avenue, Bronx, NY, 10474

$2,300 /mo

  • 1 Bed
  • 1 Bath
  • 30,100 ft²
875 Longfellow Avenue #2D, Bronx, NY, 10474 Listing by Gloria Velez

Frequently Asked Questions

What neighborhood is 1368 Metropolitan Avenue located in?
The 1368 Metropolitan Avenue is a condo located in the neighborhood of Parkchester in East Bronx, Bronx.
How many listings are currently for sale in 1368 Metropolitan Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1368 Metropolitan Avenue?
The average sales price for units in 1368 Metropolitan Avenue is $299,000 , or $332/sqft. currently.

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