294 E 163rd Street
Bronx, NY 10451
ConcourseLocal Information
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Description
For Sale: Prime Development Opportunity in the Bronx, NY
Three adjacent properties at 394, 396, and 398 East 163rd St are available for purchase, ideal for developers. Totaling 85' by 115', these properties are zoned R7-1 on a Narrow Street, offering a unique opportunity. Key Details: Zoning: R7-1 on a Narrow Street (<75 feet wide), Combined size: 85' by 115', Allowable FAR: 3.44, resulting in a buildable area of 33,626 s.f. Maximum density coefficient: 680 s.f., allowing for a maximum of 49 apartments, Parking requirement: 30%, equivalent to 15 spaces (waivable), Potential for a 49-unit building with no parking, Maximum Height: 75 feet
This is a promising venture for developers to create a significant residential or mixed-use project. Explore the possibilities of maximizing the buildable area and unit count, with the potential to introduce a Community Facility for added flexibility. Conatct us for more details
Three adjacent properties at 394, 396, and 398 East 163rd St are available for purchase, ideal for developers. Totaling 85' by 115', these properties are zoned R7-1 on a Narrow Street, offering a unique opportunity. Key Details: Zoning: R7-1 on a Narrow Street (<75 feet wide), Combined size: 85' by 115', Allowable FAR: 3.44, resulting in a buildable area of 33,626 s.f. Maximum density coefficient: 680 s.f., allowing for a maximum of 49 apartments, Parking requirement: 30%, equivalent to 15 spaces (waivable), Potential for a 49-unit building with no parking, Maximum Height: 75 feet
This is a promising venture for developers to create a significant residential or mixed-use project. Explore the possibilities of maximizing the buildable area and unit count, with the potential to introduce a Community Facility for added flexibility. Conatct us for more details
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 16, 2024
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 294 E 163rd Street
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Parking & Garage No Carport |
Water & Sewer Sewer: Other |
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Year Built Year Built: 1901 |
Property Type / Style Property Type: LandProperty Subtype: Land |
Property Information Parcel Number: 024220018 |
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Price List Price: $988,888 |
Status Change & Dates Off Market Date: Mon Mar 04 2024 |
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MLS Status: Sold |
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Direction & Address City: Bronx |
School Information Elementary School: Contact AgentJr High / Middle School: Contact AgentHigh School: Contact AgentHigh School District: Bronx |
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Not Senior Community |
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No HOA |
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Lot Area: 4025 sqft |
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Listing Agreement Type: Exclusive Right To Sell |
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Mls Number: H6281314Attribution Contact: (718) 324-6060Showing Requirements: Call Listing Office |
Last check for updates: about 2 hours ago
Listed by Bopaul P. Sookdeo, (917) 806-5509
YourHomeSold Guaranteed Realty, (718) 324-6060
Bought with: Steven Prashad, (646) 208-8769, YourHomeSold Guaranteed Realty, (718) 324-6060
Co-Buyer's Agent: Arif Baksh, (914) 494-1549, YourHomeSold Guaranteed Realty, (718) 684-2400
Source: OneKey® MLS as distributed by MLS GRID, MLS#H6281314

Price History for 294 E 163rd Street
| Date | Price | Event | Source |
|---|---|---|---|
| 03/28/2024 | $900,000 | Sold | OneKey® MLS as distributed by MLS GRID #H6281314 |
| 03/05/2024 | $988,888 | Pending | OneKey® MLS as distributed by MLS GRID #H6281314 |
| 01/13/2024 | $988,888 | PriceChange | OneKey® MLS as distributed by MLS GRID #H6281314 |
| 12/14/2023 | $1,200,000 | Listed For Sale | OneKey® MLS as distributed by MLS GRID #H6281314 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,100 |
| Assessment | $327,000 |
Home facts updated by county records
Comparable Sales for 294 E 163rd Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.88 | Lot/Land | $400,000 | 02/19/26 | - | - | ||
0.72 | Lot/Land | $195,000 | 08/04/25 | - | - | ||
1.34 | Lot/Land | $2,450,000 | 09/25/25 | - | - | ||
2.15 | Lot/Land | $950,000 | 10/07/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 294 E 163rd Street.
What Locals Say about Concourse
At least 831 Trulia users voted on each feature.
86 % Say there are sidewalks
85 % Say it's walkable to grocery stores
80 % Say it's dog friendly
77 % Say it's walkable to restaurants
67 % Say streets are well-lit
63 % Say kids play outside
61 % Say there's holiday spirit
44 % Say neighbors are friendly
44 % Say they plan to stay for at least 5 years
43 % Say people would walk alone at night
41 % Say car is needed
39 % Say yards are well-kept
34 % Say there are community events
28 % Say it's quiet
23 % Say there's wildlife
19 % Say parking is easy
Sourced by Trulia users. Learn more about our methodology.
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Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information