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721 Melrose Avenue, Bronx, NY 10455 Property Information

721 Melrose Avenue, Bronx, NY 10455 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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721 Melrose Avenue, Bronx, NY 10455 2
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Address

Primary address 721 Melrose Avenue
Secondary address 399 E 155th St
Neighborhood Melrose
Zip code 10455
Borough Bronx
Block & lot 02402-0023

Sales & Tax Overview for 721 Melrose Avenue, Bronx

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

Purchase date 01/29/2008
Purchase price $10,687,022
Tax class
Estimated property tax $6,527

Lot & Building Information for 721 Melrose Avenue, Bronx

Lot sq. ft. 2,500
Lot dimensions 100 ft x 25 ft
Property type Single or Multiple Dwelling with Stores or Offices (S9)
Building sqft 9,265
Building dimensions 95 ft x 25 ft
Buildings on lot 1
Stories 4
Year built 1931
Year last altered 2006
Construction type
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Zoning & Use for 721 Melrose Avenue, Bronx

Zoning
Residential units (DOF) 6
Regulated units
Commercial units 3
Residential sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 7
Community district 1
Closest police station 0.27 Miles
Closest fire station 0.01 Miles

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

Other Property Data for 721 Melrose Avenue, 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 721 Melrose Avenue, Bronx, NY 10455, 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 721 Melrose Avenue, Bronx, NY 10455, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 399 E 155th St, Bronx, NY 10455

About 721 Melrose Avenue, Bronx

How many sq. ft. does 721 Melrose Avenue, Bronx, NY 10455 have & what is the price per sq. ft?

This Single or Multiple Dwelling with Stores or Offices (S9) located at 721 Melrose Avenue, Bronx, NY 10455 has a total of 9,265 square feet and a current price per square foot of $1,153.

What is the year built & the current market value of 721 Melrose Avenue, Bronx, NY 10455?

721 Melrose Avenue, Bronx, NY 10455 was built in 1931 and has a current tax assessor's market value of $1,467,000.

How many commercial spaces does this building have?

This building has 3 commercial spaces available for lease.

Ownership Information for 721 Melrose Avenue, Bronx

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Property owner name for 721 Melrose Avenue, Bronx, NY 10455
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Building contacts for 721 Melrose Avenue, Bronx, NY 10455
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 721 Melrose Avenue, Bronx

Create a free account to view the complete sales history for 721 Melrose Avenue, Bronx, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/29/2008 $10,687,022
12/14/2004 $8
       
       
       
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Title Documents for 721 Melrose Avenue, 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
01/29/2008 - D
02/19/2008 - R
Termination of Assign of L&R
(2008021300633001)
01/29/2008 - D
03/12/2008 - R
Satisfaction of Mortgage
(2008021300593004)
01/29/2008 - D
03/12/2008 - R
Satisfaction of Mortgage
(2008021300593003)
01/29/2008 - D
03/12/2008 - R
Satisfaction of Mortgage
(2008021300593002)
01/29/2008 - D
03/12/2008 - R
Satisfaction of Mortgage
(2008021300593001)
01/29/2008 - D
02/19/2008 - R
UCC3 Termination
(2008021300570001)
01/29/2008 - D
02/19/2008 - R
Agreement
(2008021300469002)
01/29/2008 - D
02/19/2008 - R
Release
(2008021300469001)
01/29/2008 - D
02/19/2008 - R
Agreement
(2008021300422002)
01/29/2008 - D
02/19/2008 - R
Mortgage
(2008021300422001)
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R: Recorded date
D: Document date

Property Taxes for 721 Melrose Avenue, Bronx

Access detailed property tax data for 721 Melrose Avenue, Bronx, NY 10455. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $6,461
Estimated property tax: $6,527
Tax assessor's market value: $1,467,000
Assessed value: $660,150
Exemptions granted by city:

Assessment History for 721 Melrose Avenue, Bronx

Here's the assessment & property tax history for 721 Melrose Avenue, 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 $1,467,000 $660,150 $51,944 12.439% $54,697 $6,461 +105.69%
2024/25 $1,749,000 $787,050 $50,270 12.5% $50,894 $3,141 +2570.97%
2023/24 $1,683,000 $757,350 $50,050 12.502% $47,132 $118 -99.87%
2022/23 $1,618,000 $728,100 $50,275 12.267% $46,246 $89,316 +16.12%
2021/22 $1,397,000 $628,650 $50,987 12.235% $44,696 $76,915 +1155.23%

Permits for 721 Melrose Avenue, Bronx

The complete history of permits filed for 721 Melrose Avenue, 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
03/09/2006 Alteration type 3
10/01/2003 Alteration type 1
11/29/2002 Alteration type 2
09/11/2002 Alteration type 1
06/01/1999 Alteration type 2
05/21/1999 Alteration type 3
03/15/1999 Alteration type 3
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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): X (See more on map)

Transportation

Distance to Subway
Closest station Melrose Ave & 149th St at NE Corner
Station lines 2-5
Distance (miles) 0.294
View subway map
Bus Routes
Name Melrose Av/E 155 St
Line BX41
Distance (miles) 0.02

Neighbors for 721 Melrose Avenue, Bronx

Here are the neighbors for 721 Melrose Avenue, Bronx, NY 10455.

Address Square feet Purchase date Purchase price
387 E 155th St, Bronx 1,280 03/23/2006 $340,000
383 E 155th St, Bronx 1,796 07/14/2004 $340,000
377 E 155th St, Bronx 12/17/1991
368 E 156th St, Bronx 12/17/1991
718 Courtlandt Ave, Bronx 5,500 04/26/2006 $750,000
375 E 155th St, Bronx 12/17/1991
367 E 155th St, Bronx 12/17/1991
356 E 156th St, Bronx 8,852 06/15/2020
722 Courtlandt Ave, Bronx 1,875 01/31/2026
373 E 154th St, Bronx 5,325 06/23/2016 $1,500,000
369 E 155th St, Bronx 12/17/1991
366 E 156th St, Bronx 12/17/1991
397 E 155th St, Bronx 7,012 01/29/2008 $10,687,022
385 E 155th St, Bronx 2,464 06/16/1983
737 Melrose Ave, Bronx 21,600 12/17/1991
726 Courtlandt Ave, Bronx 6,874 03/09/2018 $800,000
379 E 155th St, Bronx 12/17/1991
373 E 155th St, Bronx 12/17/1991
378 E 156th St, Bronx 04/01/2019 $2,500,000
724 Courtlandt Ave, Bronx 01/18/2001
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