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506 East 163rd Street

506 East 163rd Street, Bronx, NY 10451
Property in Melrose
172 Units
506 East 163rd Street in Bronx, NY was first built in 2008 and is 16 years old. The linear feet across the front of the lot is 154 ft and the linear feet between the front and back of the lot is 97.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. During this assessment, the property's total value was estimated to be about $3,478,583. If we break it down further, the land itself was valued at $481,951. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2008
  • Building Count: 1
  • Total Unit Count: 172
  • Residential Unit Count: 170
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 12,978
  • Lot Size Depth Feet: 97
  • Lot Size Frontage Feet: 154
  • Building Depth: 65
  • Building Frontage: 120
  • Gross Building Area: 111,173

    Building Floor Area

  • Residential Building Floor Area: 97,370
  • Commercial Building Floor Area: 13,803
  • Retail Building Floor Area: 7,318
  • Other Building Floor Area: 6,485

    Floor Area Ratio

  • Built Floor Area Ratio: 9
  • Residential Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: RM
  • Lot Type: 0
  • Land Use: 04
  • Irregular Lot Code: Y
  • Proximity Code: 1

Neighborhood

  • Community District: 203
  • City Council District: 17
  • Police Precinct: 42
  • Fire Company: L055
  • Health Area: 3400
  • Sanitation District Borough: 2
  • Sanitation Subsection: 1B
  • School District: 08

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 2367
  • Lot: 7501
  • Borough Block Lot: 2023677501

    Address

  • Full Address: 508 East 163 Street
  • Condominium Number: 143
  • Zip Code: 10451

Valuation

    Assessments Valuation

  • Assessed Total Value: $3,478,583
  • Assessed Land Value: $481,951

    Exemptions

  • Exempt Total Value: $3,401,090
  • Exempt Land Value: $0

About West Bronx



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Nearby Rentals

Unit for rent at 660 West 180th Street, New York, NY 10033

$1,100 /mo

  • Loft
  • 2 Baths
660 West 180th Street #5C, New York, NY 10033 Listing by Jacob Poore

Frequently Asked Questions

What neighborhood is 506 East 163rd Street located in?
The 506 East 163rd Street is a located in the neighborhood of Melrose in West Bronx, Bronx.
What is the average sales price for listings in 506 East 163rd Street?
The average sales price for units in 506 East 163rd Street is $0 currently.

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