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388 Canal Place, Bronx, NY 10451 Property Information

Also known as: 389 Rider Ave, Bronx, NY 10451

388 Canal Place, Bronx, NY 10451 Property Information

Also known as: 389 Rider Ave, Bronx, NY 10451

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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388 Canal Place, Bronx, NY 10451 1
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Address

Primary address 388 Canal Place
Secondary address 389 Rider Ave
Neighborhood Mott Haven
Zip code 10451
Borough Bronx
Block & lot 02340-0213

Sales & Tax Overview for 388 Canal Place, Bronx

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/11/2016
Purchase price $4,000,000
Tax class
Estimated property tax $89,626

Lot & Building Information for 388 Canal Place, Bronx

Lot sq. ft. 6,250
Lot dimensions 50 ft x 125 ft
Property type Factory - Industrial Miscellaneous (F9)
Building sqft 31,250
Building dimensions 50 ft x 125 ft
Buildings on lot 1
Stories 5
Year built 1931
Construction type
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Zoning & Use for 388 Canal Place, Bronx

Zoning
Qualified opportunity zone
Commercial units 5
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 7
Community district 1
Closest police station 0.32 Miles
Closest fire station 0.22 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 388 Canal Place, Bronx

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 388 Canal Place, Bronx, NY 10451, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 388 Canal Place, Bronx, NY 10451, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 389 Rider Ave, Bronx, NY 10451

About 388 Canal Place, Bronx

How many sq. ft. does 388 Canal Place, Bronx, NY 10451 have & what is the price per sq. ft?

This Factory - Industrial Miscellaneous (F9) located at 388 Canal Place, Bronx, NY 10451 has a total of 31,250 square feet and a current price per square foot of $128.

What is the year built & the current market value of 388 Canal Place, Bronx, NY 10451?

388 Canal Place, Bronx, NY 10451 was built in 1931 and has a current tax assessor's market value of $1,557,000.

How many commercial spaces does this building have?

This building has 5 commercial spaces available for lease.

Ownership Information for 388 Canal Place, Bronx

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Property owner name for 388 Canal Place, Bronx, NY 10451
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Building contacts for 388 Canal Place, Bronx, NY 10451
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 388 Canal Place, Bronx

Create a free account to view the complete sales history for 388 Canal Place, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/11/2016 $4,000,000

Title Documents for 388 Canal Place, Bronx

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/08/2023 - R UCC3 Continuation
(2023050300815001)
06/10/2022 - D
07/13/2022 - R
Agreement
(2022071200564004)
06/10/2022 - D
07/13/2022 - R
Mortgage
(2022071200564003)
06/10/2022 - D
07/13/2022 - R
Assignment of Leases and Rents
(2022071200564002)
06/07/2022 - D
07/13/2022 - R
Termination of Assign of L&R
(2022071200564001)
02/22/2021 - D
03/08/2021 - R
Assignment of Leases and Rents
(2021030300771007)
02/22/2021 - D
03/08/2021 - R
Agreement
(2021030300771006)
02/22/2021 - D
03/08/2021 - R
Mortgage
(2021030300771005)
02/22/2021 - D
03/08/2021 - R
Termination of Assign of L&R
(2021030300771004)
02/22/2021 - D
03/08/2021 - R
Termination of Assign of L&R
(2021030300771003)
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R: Recorded date
D: Document date

Property Taxes for 388 Canal Place, Bronx

Access detailed property tax data for 388 Canal Place, Bronx, NY 10451. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $76,007
Estimated property tax: $89,626
Tax assessor's market value: $1,557,000
Assessed value: $700,650

Assessment History for 388 Canal Place, Bronx

Here's the assessment & property tax history for 388 Canal Place, Bronx, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,557,000 $700,650 $700,650 10.848% $76,007 $76,007 -7.52%
2024/25 $1,697,000 $763,650 $763,650 10.762% $82,184 $82,184 +7.30%
2023/24 $1,607,000 $723,150 $723,150 10.592% $76,596 $76,596 -38.06%
2022/23 $3,069,000 $1,381,050 $1,161,540 10.646% $123,658 $123,658 +13.86%
2021/22 $2,244,000 $1,009,800 $1,009,800 10.755% $108,604 $108,604 -3.10%

Permits for 388 Canal Place, Bronx

The complete history of permits filed for 388 Canal Place, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/24/2023 Alteration
10/24/2023 Alteration
01/05/2023 Alteration
10/11/2022 Alteration
05/06/2022 Alteration
05/06/2022 Alteration
05/06/2022 Alteration
05/04/2022 Alteration
04/25/2022 Alteration
03/21/2022 Alteration
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Bronx Commercial Market Stats

Access a detailed real estate market overview of Bronx so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Bronx and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$332
8.3% YoY
Median Price/Sqft Q4/2025
$294
0.8% YoY
Median Price/Sqft 2025
$292
-1.2% YoY

Check out recently sold homes in Bronx and see how their prices compare.

Risk

FEMA flood zone(s): 0.2,X (See more on map)
Hurricane evacuation zone: 2 (See more on map)

Transportation

Distance to Subway
Closest station Grand Concourse & 149th St at SE Corner
Station lines 2-4-5
Distance (miles) 0.225
View subway map
Bus Routes
Name Morris Av/E 142 St
Line BX32
Distance (miles) 0.082

Neighbors for 388 Canal Place, Bronx

Here are the neighbors for 388 Canal Place, Bronx, NY 10451.

Address Square feet Purchase date Purchase price
334 Grand Concourse, Bronx 129,750 12/26/2020
375 Rider Ave, Bronx 12,500 11/18/1997
349 Rider Ave, Bronx 53,750 07/25/2005
338 Grand Concourse, Bronx 5,300 02/27/2025 $4,291,600
321 Canal Pl, Bronx 10,700 07/07/1998
341 Canal Pl, Bronx 5,550 03/26/1974
232 E 144th St, Bronx 3,651 02/10/2012
226 E 144th St, Bronx 24,800 03/04/1996
250 Grand Concourse, Bronx 13,206 10/31/1990
363 Rider Ave, Bronx 48,200 11/18/1997
339 Canal Pl, Bronx 5,000 02/15/2005 $400,000
2680 Park Ave, Bronx 80,700 06/23/2020
310 Grand Concourse, Bronx 118,742 06/15/2021
321 Rider Ave, Bronx 100,762 07/25/2005
405 Rider Ave, Bronx 2,187 11/20/2025
230 E 144th St, Bronx 5,415 03/04/1996
304 Grand Concourse, Bronx 3,200 10/08/2015 $3,250,000
373 Rider Ave, Bronx 6,250 11/18/1997
349 Canal Pl, Bronx 20,555 09/21/1979
391 Rider Ave, Bronx 11,875 10/16/1998
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