See Home Value
$2,010,393*
Land - Off Market

565 Wales Avenue

Bronx, NY 10455
bedrooms
Studio
bathrooms
0 Bath
$1,305,000 - $1,593,000
Reference Base Price*
38.74%
Since Sep 1, 2020
NY-New York
Primary Model
Transfer

About This Property

Property in Mott Haven is being sold as a development site. The subject property is situated on a 50.62 ft x 105 ft lot. Zoning R7-1 providing a FAR of 3.44 and Allowed usable floor area of 18,284 . It's close by the # 6 train station E 149st, and the Bruckner Expressway, giving you quick access to your commute. It is also located in an Opportunity Zone, providing investors the financial benefits that the program offers. With all the recent, current, and future development in this neighborhood, this asset provides a great opportunity for a developer to take part of the ever changing landscape of the South Bronx.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$696
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Aug 20, 2020 No longer available -
No longer available
Apr 11, 2020 Listed $1,449,000
Listed
Mar 9, 2020 Listed $1,449,000
Listed
Property in Mott Haven is being sold as a development site. The subject property is situated on a 50.62 ft x 105 ft lot. Zoning R7-1 providing a FAR of 3.44 and Allowed usable floor area of 18,284 . It's close by the # 6 train station E 149st, and the Bruckner Expressway, giving you quick access to your commute. It is also located in an Opportunity Zone, providing investors the financial benefits that the program offers. With all the recent, current, and future development in this…
Feb 19, 2019 No longer available -
No longer available
Oct 24, 2018 Price Decreased $1,375,000
↓ $125K (8.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Building Count: 3
  • Floor Count: 1
  • Total Unit Count: 2
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 5,315
  • Lot Size Depth Feet: 105
  • Lot Size Frontage Feet: 51
  • Building Depth: 35
  • Building Frontage: 20
  • Gross Building Area: 700

    Building Floor Area

  • Commercial Building Floor Area: 700
  • Garage Building Floor Area: 700

    Floor Area Ratio

  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: G2
  • Lot Type: 5
  • Land Use: 07
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 201
  • City Council District: 8
  • Police Precinct: 40
  • Fire Company: E073
  • Health Area: 4100
  • Sanitation District Borough: 2
  • Sanitation Subsection: 2B
  • School District: 07

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7-1

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 2641
  • Lot: 32
  • Borough Block Lot: 2026410032

    Address

  • Full Address: 565 Wales Avenue
  • Zip Code: 10455

Valuation

    Assessments Valuation

  • Assessed Total Value: $72,900
  • Assessed Land Value: $49,950

    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
Townhouse
Stu
-
-
$1,125,000 Jan 23, 2020
$1,125,000 Dec 10, 2021
$469/mo
Multifamily
10 Beds
6 Baths
-
$1,150,000 Apr 24, 2019
$1,150,000 Oct 11, 2019
$654/mo
Townhouse
7 Beds
4 Baths
-
$1,235,000 Sep 1, 2021
$1,235,000 May 24, 2022
$207/mo
Multifamily
6 Beds
5 Baths
-
$1,150,000 Oct 13, 2022
$1,150,000 Dec 5, 2022
$175/mo
Condo
3 Beds
1 Bath
1,981 ft²
$603/ft²
$1,195,000 Jun 16, 2021
$1,195,000 Mar 29, 2022
$1,127/mo
Condo
3 Beds
1 Bath
2,355 ft²
$505/ft²
$1,190,000 Jul 5, 2022
$1,190,000 Jan 1, 1900
$1,348/mo
Commercial
Loft
-
-
$1,400,000 Jul 25, 2022
-
-
Multifamily
Stu
-
-
$1,559,000 Sep 28, 2022
-
$108/mo
Multifamily
Stu
-
-
$1,559,000 Sep 28, 2022
-
$125/mo
Multifamily
8 Beds
4 Baths
3,318 ft²
$452/ft²
$1,499,000 Mar 31, 2022
-
$687/mo
Multifamily
15 Beds
4 Baths
-
$1,500,000 Nov 22, 2021
-
$609/mo
Multifamily
8 Beds
4 Baths
-
$1,200,000 Mar 31, 2022
-
$687/mo

About West Bronx


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Frequently Asked Questions

When was property at 565 Wales Avenue built and last sold?
The property at 565 Wales Avenue was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 565 Wales Avenue is $1,463,490.
What are some comparable homes to 565 Wales Avenue?
There are currently no comparable homes to 565 Wales Avenue.

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