See Home Value
$1,474,080*
Land - Off Market

385 E 198th Street

BRONX, NY 10458
bedrooms
Studio
bathrooms
0 Bath
$1,215,000 - $1,485,000
Reference Base Price*
9.19%
Since Apr 1, 2022
NY-New York
Primary Model
Transfer
Owner

About This Property

Excellent investment opportunity. 2 parcels of land with plans submitted and waiting for approval. Architectural plans call for two buildings with 8 units/apartments each, for a total of 16 units. Zoning is R6. With a buildable total of 12,141.91sqft.  To include 12 two bedrooms apartments, 2 one-bedroom and 2 studios for a total 16 residential units.
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$433
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Mar 15, 2022 No longer available -
No longer available
Apr 26, 2021 Listed $1,350,000
Listed
Mar 28, 2019 Sold to Rsk 852 Llc $500,000
Sold to Rsk 852 Llc

Property Highlights

Building Info

Overview

    General

  • Year Built: 0
  • Building Count: 1
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 2,283
  • Lot Size Depth Feet: 92
  • Lot Size Frontage Feet: 25

    Floor Area Ratio

  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: G7
  • Lot Type: 5
  • Land Use: 10
  • Irregular Lot Code: N

Neighborhood

  • Community District: 207
  • City Council District: 15
  • Police Precinct: 52
  • Fire Company: E079
  • Health Area: 420
  • Sanitation District Borough: 2
  • Sanitation Subsection: 2B
  • School District: 10

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7B

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 3279
  • Lot: 3
  • Borough Block Lot: 2032790003

    Address

  • Full Address: 385 East 198 Street
  • Zip Code: 10458

Valuation

    Assessments Valuation

  • Assessed Total Value: $51,750
  • Assessed Land Value: $51,750

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,200,000 Jun 20, 2022
$1,200,000 Oct 21, 2022
-
Multifamily
8 Beds
5 Baths
-
$1,200,000 Apr 8, 2021
$1,200,000 Dec 22, 2021
$1,076/mo
Multifamily
6 Beds
2 Baths
-
$1,200,000 May 16, 2022
$1,200,000 Dec 20, 2023
$498/mo
Multifamily
6 Beds
2 Baths
-
$900,000 Dec 26, 2019
$900,000 Feb 17, 2021
$404/mo
Multifamily
8 Beds
4 Baths
-
$1,050,000 Jul 25, 2022
$1,050,000 Dec 12, 2022
$492/mo
Multifamily
8 Beds
4 Baths
-
$1,050,000 Jul 25, 2022
$1,050,000 Dec 12, 2022
$492/mo
Commercial
Loft
-
-
$1,195,000 Jun 12, 2023
-
$830/mo
House
Stu
-
-
$1,380,000 Mar 11, 2024
-
-
Multifamily
Stu
-
-
$1,250,000 Oct 3, 2022
-
$530/mo
Multifamily
Stu
-
-
$1,250,000 Oct 3, 2022
-
$576/mo
Multifamily
12 Beds
3 Baths
-
$1,275,000 Apr 4, 2024
-
$486/mo
Multifamily
11 Beds
3 Baths
-
$1,240,000 Feb 12, 2024
-
$515/mo

About West Bronx


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Nearby Rentals



Frequently Asked Questions

When was property at 385 East 198th Street built and last sold?
The property at 385 East 198th Street was built in 0 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 385 East 198th Street is $1,363,500.
What are some comparable homes to 385 East 198th Street?
There are currently no comparable homes to 385 East 198th Street.

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