New York City  »  10455  »  Melrose Ave  »  640 Melrose Ave

640 Melrose Avenue, Bronx, NY 10455 - Property report

Also known as: 403 E 152nd St

Property image for 640 Melrose Avenue, Bronx, NY 10455
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1955

Lot sq. ft.

4,500

Sale price

$930,000

General information

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Address
Primary address
640 Melrose Avenue
Alternate address(es)
403 E 152nd St
640-644 Melrose Ave
ZIP code
10455
Neighborhood
Melrose
Borough
Bronx
Block & lot
02374-0065

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
4,500
Building dimensions
100 ft x 45 ft
Buildings on lot
1
Stories
1
Year built
1955
Building material
Sales
Sale date
09/10/2013
Sale price
$930,000
Tax
Tax year
2026-2027
Property tax
$45,936
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Commercial units
4
Retail sq. ft.
Lot
Lot dimensions
100 ft x 45 ft
Lot sq. ft.
4,500

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
73 /100.  Very Bikeable
School district
7
Community district
1
Closest police station
0.38 Miles
Closest fire station
0.12 Miles

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Ownership information for 640 Melrose Avenue, Bronx, NY

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

Sales history for 640 Melrose Avenue, Bronx, NY 10455

Sale date Sale price Buyer name Seller name
09/10/2013 $930,000 XXXXXX XXX XXX XXXX XXXX. , XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/10/2018 - R UCC3 Termination
(2018070900929002)
XXXXXX XXX XXX XXXX XXXX
07/10/2018 - R Initial UCC1
(2018070900929001)
XXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
07/18/2018 - R
05/09/2018 - D
Assignment, Mortgage
(2018070900646004)
XXXX XXXX XXXXXXXXX XXXXXXX XXXX
07/18/2018 - R
05/09/2018 - D
Assignment of Leases and Rents
(2018070900646003)
XXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
07/18/2018 - R
05/09/2018 - D
Agreement
(2018070900646002)
XXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
07/18/2018 - R
05/09/2018 - D
Mortgage
(2018070900646001)
XXXXXX XXX XXX XXXXXXXXX XXXXXXX XXXX
07/18/2018 - R
05/08/2018 - D
Termination of Assign of L&R
(2018070900646005)
XXXX XXXX
09/25/2013 - R Initial UCC1
(2013091701050001)
XXXXXX XXX XXX XXXX XXXX
09/24/2013 - R
09/10/2013 - D
Assignment of Leases and Rents
(2013091700995004)
XXXXXX XXX XXX XXXX XXXX
09/24/2013 - R
09/10/2013 - D
Mortgage
(2013091700995003)
XXXXXX XXX XXX XXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 640 Melrose Avenue, 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
$45,936
Municipal exemptions
Recent tax assessments
Market value
$941,000
Assessed value
$423,450

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 $1,038,000 $467,100 $422,280 10.848% $45,809 $45,809 +5.14%
2024/25 $1,036,000 $466,200 $404,860 10.762% $43,571 $43,571 +5.18%
2023/24 $1,024,000 $460,800 $391,090 10.592% $41,424 $41,424 +2.98%
2022/23 $974,000 $438,300 $377,860 10.646% $40,227 $40,227 +34.06%
2021/22 $620,000 $279,000 $279,000 10.755% $30,006 $30,006 -19.98%
2020/21 $948,000 $426,600 $350,640 10.694% $37,497 $37,497 +11.04%
2019/20 $883,000 $397,350 $320,490 10.537% $33,770 $33,770 +9.64%
2018/19 $877,000 $394,650 $292,950 10.514% $30,801 $30,801 +11.47%
2017/18 $633,000 $284,850 $262,800 10.514% $27,631 $27,631 +6.00%
2016/17 $555,000 $249,750 $246,510 10.574% $26,066 $26,066 +4.10%

Permit information for 640 Melrose Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
03/16/2023 Alteration
11/15/2022 Alteration
10/24/2022 Alteration
05/12/2022 Alteration
03/28/2022 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Melrose Ave & 149th St at NE Corner
Station lines
2-5
Distance (miles)
0.152

Access the detailed traffic volume map for 640 Melrose Avenue, Bronx, NY 10455 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 640 Melrose Avenue, Bronx, NY 10455?

The development at 640 Melrose Avenue, Bronx, NY 10455 was built in 1955.

What is the market value of 640 Melrose Avenue, Bronx, NY 10455?

The current market value of 640 Melrose Avenue, Bronx, NY 10455 is $941,000.

What is the total square footage of 640 Melrose Avenue, Bronx, NY 10455?

640 Melrose Avenue, Bronx, NY 10455 has a total of 4,500 square feet.

What is the price per square foot for this property?

$206 per square foot is the price for 640 Melrose Avenue, Bronx, NY 10455.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

Disclaimer

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