Bronx  »  10451  »  Canal Pl  »  388 Canal Pl

388 Canal Place, Bronx, NY 10451 - Property report

Also known as: 388 Canal Pl

Property image for 388 Canal Place, Bronx, NY 10451
static Mapbox map

Property type

Factory - Industrial Miscellaneous (F9)

Year built

1931

Lot sq. ft.

6,250

Sale price

$4,000,000

General information

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Address
Primary address
388 Canal Place
Alternate address(es)
389 Rider Ave
ZIP code
10451
Neighborhood
Mott Haven
Borough
Bronx
Block & lot
02340-0213

Owner

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Building
Property type
Factory - Industrial Miscellaneous (F9)
Building sq. ft.
31,250
Building dimensions
50 ft x 125 ft
Buildings on lot
1
Stories
5
Year built
1931
Building material
Sales
Sale date
01/11/2016
Sale price
$4,000,000
Tax
Tax year
2026-2027
Property tax
$89,626
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50 ft x 125 ft
Lot sq. ft.
6,250

Area overview

Walk score
92 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
76 /100.  Very Bikeable
School district
7
Community district
1
Closest police station
0.32 Miles
Closest fire station
0.22 Miles

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Ownership information for 388 Canal Place, Bronx, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 388 Canal Place, Bronx, NY 10451

Sale date Sale price Buyer name Seller name
01/11/2016 $4,000,000 XXXXX XX XXXXXXXX XXX XXX XXXXXXXX XXX XXX XXXXXXX, XXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/08/2023 - R UCC3 Continuation
(2023050300815001)
XXXXXXXX XXX XXX XXXXXXXX XXXXXXX XXXX
07/13/2022 - R
06/10/2022 - D
Agreement
(2022071200564004)
XXXXX XX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
07/13/2022 - R
06/10/2022 - D
Mortgage
(2022071200564003)
XXXXX XX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
07/13/2022 - R
06/10/2022 - D
Assignment of Leases and Rents
(2022071200564002)
XXXXX XX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
07/13/2022 - R
06/07/2022 - D
Termination of Assign of L&R
(2022071200564001)
XXXXXXXX XXXXXXX XXXX XXXXX XX XXXXXXXX XXX
03/08/2021 - R
02/22/2021 - D
Assignment of Leases and Rents
(2021030300771007)
XXXXX XX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
03/08/2021 - R
02/22/2021 - D
Agreement
(2021030300771006)
XXXXX XX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
03/08/2021 - R
02/22/2021 - D
Mortgage
(2021030300771005)
XXXXX XX XXXXXXXX XXX XXXXXXXX XXXXXXX XXXX
03/08/2021 - R
02/22/2021 - D
Termination of Assign of L&R
(2021030300771004)
XXXXXXXX XXXXXXX XXXX XXXXX XX XXXXXXXX XXX
03/08/2021 - R
02/22/2021 - D
Termination of Assign of L&R
(2021030300771003)
XXXXXXXX XXXXXXX XXXX XXXXX XX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 388 Canal Place, Bronx, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$89,626
Municipal exemptions
Recent tax assessments
Market value
$1,836,000
Assessed value
$826,200

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y 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%
2020/21 $2,816,000 $1,267,200 $1,048,050 10.694% $112,078 $112,078 +9.59%
2019/20 $2,567,000 $1,155,150 $970,560 10.537% $102,268 $102,268 +9.48%
2018/19 $2,210,000 $994,500 $888,480 10.514% $93,415 $93,415 +9.47%
2017/18 $2,124,000 $955,800 $811,614 10.514% $85,333 $85,333 +9.70%
2016/17 $1,928,000 $867,600 $735,654 10.574% $77,788 $77,788 +7.77%

Permit information for 388 Canal Place, Bronx, NY

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

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction
02/24/2017 Lblvio-low pressure boiler

*Most recent DOB violations on record for this property.

Bronx commercial market stats

Review a detailed real estate market overview of Bronx and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Bronx and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$302

11.9% Y-o-Y

Q1 2026 median price/sq. ft.

$334

9.2% Y-o-Y

2025 median price/sq. ft.

$293

-1.7% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
0.2,X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
Grand Concourse & 149th St at SE Corner
Station lines
2-4-5
Distance (miles)
0.225

Access the detailed traffic volume map for 388 Canal Place, Bronx, NY 10451 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for 388 Canal Place, Bronx, NY 10451?

The development at 388 Canal Place, Bronx, NY 10451 was built in 1931.

What is the market value of 388 Canal Place, Bronx, NY 10451?

The current market value of 388 Canal Place, Bronx, NY 10451 is $1,836,000.

What is the total square footage of 388 Canal Place, Bronx, NY 10451?

388 Canal Place, Bronx, NY 10451 has a total of 31,250 square feet.

What is the price per square foot for this property?

$128 per square foot is the price for 388 Canal Place, Bronx, NY 10451.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 5.

Disclaimer

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