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The Parkchester

1579 Metropolitan Avenue, Bronx, NY 10462
Condo in Parkchester
1 Units For Sale
Unit for sale at 1579 Metropolitan Avenue, Bronx, NY 10462

$270,000

  • 2 Beds
  • 1 Bath
1579 Metropolitan Avenue #7G, Bronx, NY 10462 Listing by Janet Trujillo

The Parkchester is a condo located 1579 Metropolitan Avenue, in Parkchester, Bronx. The building was first built in 1940 and is 84 years old. The lot that the building was built on is 640 feet wide and 513 feet long. The official lot area is listed as 1,500,000 square feet. In total, 1579 Metropolitan Avenue has a total floor area of 2,812,639 square feet. Of that, 2,812,639 square feet are used for residential purposes. There are a total of 3,857 units. Of those, 3,857 are residential units. There are no commercial units in this building. 1579 Metropolitan Avenue has a total of 13 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 4,000 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 178 days and tend to sell below the original asking price of $299,999 by 87.56%. Meaning, listings tend to sell at a median of $1,282 price per square foot. The transaction that took the longest to complete was unit 1H, listed on Sep 07, 2021 for $1,350,000. This particular unit ultimately sold 272 days later for $168,000. The most recent transaction was for unit 2A, sold for $303,000 on Jan 19, 2024. Fun fact, the oldest transaction we have on record took place on Jul 15, 1992. See the full transaction history for The Parkchester below.

Parkchester, where 1579 Metropolitan Avenue is located, has a median asking price of $265,000 for condo buildings. Meanwhile, the building itself has a median asking price of $299,999. For interested buyers, that means the building's median asking price is around 0.68% 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 $270,000. It is a 2-bedroom and 1-bathroom unit.

Building Features

Exterior

Brick Exterior

Parking

Assigned Parking Off Street Parking Unassigned Parking On-Street Parking Public Parking Garage Parking Private Parking No Parking

Accessibility

Elevators

Location

Near Public Transit Cul-De-Sac Lot

Facilities

Laundry Room
This property description is generated based on publicly available data.

8 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230109 Unit 1H
01/09/2023
1H
3 Bed
1 Bath
-
$305,000
bedrooms
3 Bed
bathrooms
1 Bath
$250,000 -18.03%
07/06/2023
Manuel Pantiga
Pantiga Group Inc.
20220705 Unit 8F
07/05/2022
8F
2 Bed
1 Bath
-
$229,000
bedrooms
2 Bed
bathrooms
1 Bath
$229,000
10/11/2023
-
Urmilla Busgith
Century 21 Metro Star
20220503 Unit 1H
05/03/2022
1H
3 Bed
1 Bath
-
$1,050,000
bedrooms
3 Bed
bathrooms
1 Bath
-
-
-
William Garcia
Pantiga Group Inc.
20220407 Unit 10F
04/07/2022
10F
2 Bed
1 Bath
-
$220,000
bedrooms
2 Bed
bathrooms
1 Bath
$210,000 -4.55%
08/10/2022
Anthony Pagnozzi
Keller Williams Realty NYC Grp
20210907 Unit 1H
09/07/2021
1H
3 Bed
1 Bath
975 ft²
$1,350,000
bedrooms
3 Bed
bathrooms
1 Bath
square feet
975 ft²
$168,000 -87.56%
06/06/2022
Manuel Pantiga
Pantiga Group Inc.
20200702 Unit 12A
07/02/2020
12A
2 Bed
1 Bath
820 ft²
$289,900
bedrooms
2 Bed
bathrooms
1 Bath
square feet
820 ft²
-
-
-
Jay Pegram
EXP Realty NYC
20190620 Unit 10B
06/20/2019
10B
2 Bed
1 Bath
769 ft²
$210,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
769 ft²
-
-
-
Cheng Lee
RE/MAX Top
20170730
07/30/2017
4 Bed
1 Bath
-
-
bedrooms
4 Bed
bathrooms
1 Bath
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1940
  • Building Count: 54
  • Floor Count: 13
  • Total Unit Count: 3,857
  • Residential Unit Count: 3,857
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 1,500,000
  • Lot Size Depth Feet: 513
  • Lot Size Frontage Feet: 640
  • Gross Building Area: 2,812,639

    Building Floor Area

  • Residential Building Floor Area: 2,812,639

    Floor Area Ratio

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

Building

  • Building Type: R4
  • Lot Type: 5
  • Land Use: 03
  • Irregular Lot Code: Y

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: 12

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6
  • Special Purpose District 1: PC
  • Zoning Commercial Overlay 1: C1-2

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 3944
  • Lot: 7501
  • Borough Block Lot: 2039447501

    Address

  • Full Address: 9 Metropolitan Oval
  • Condominium Number: 2
  • Zip Code: 10462

Valuation

    Assessments Valuation

  • Assessed Total Value: $100,187,128
  • Assessed Land Value: $26,947,312

    Exemptions

  • Exempt Total Value: $50,802,380
  • Exempt Land Value: $0

About East Bronx




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Frequently Asked Questions

What neighborhood is 1579 Metropolitan Avenue located in?
The 1579 Metropolitan Avenue is a condo located in the neighborhood of Parkchester in East Bronx, Bronx.
How many listings are currently for sale in 1579 Metropolitan Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1579 Metropolitan Avenue?
The average sales price for units in 1579 Metropolitan Avenue is $299,999 , or $1,282/sqft. currently.

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