Bronx  »  10456  »  Clay Ave  »  1229 Clay Ave

1229 Clay Avenue, Bronx, NY 10456 - Property report

Also known as: 388 E 168th St

Property image for 1229 Clay Avenue, Bronx, NY 10456
static Mapbox map

Property type

Walk-up Apartment - Over Six Families with Stores (C7)

Year built

1929

Lot sq. ft.

32,535

Sale price

$7,200,000

General information

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Address
Primary address
1229 Clay Avenue
Alternate address(es)
1229-1231 Clay Ave
1229-1273 Clay Ave
1249 Clay Ave
ZIP code
10456
Neighborhood
Concourse Village
Borough
Bronx
Block & lot
02431-0026

Owner

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Building
Property type
Walk-up Apartment - Over Six Families with Stores (C7)
Building sq. ft.
136,465
Building dimensions
258 ft x 50 ft
Buildings on lot
2
Stories
6
Year built
1929
Last altered
1983
Building material
Sales
Sale date
03/16/2005
Sale price
$7,200,000
Tax
Tax year
2026-2027
Property tax
$276,575
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
123
Residential sq. ft.
Commercial units
3
Retail sq. ft.
Lot
Lot dimensions
582.35 ft x 50.94 ft
Lot sq. ft.
32,535

Area overview

Walk score
86 /100.  Very Walkable
Transit score
98 /100.  Rider's Paradise
Bike score
56 /100.  Bikeable
School district
9
Community district
4
Closest police station
0.52 Miles
Closest fire station
0.18 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for 1229 Clay Avenue, Bronx, NY

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

Sales history for 1229 Clay Avenue, Bronx, NY 10456

Sale date Sale price Buyer name Seller name
03/16/2005 $7,200,000 XXXX-XXXX XXXXXX XXX XXXXXX XXXXXX XXXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/28/2022 - R UCC3 Termination
(2022061601513005)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXX
06/28/2022 - R
06/10/2022 - D
Termination of Assign of L&R
(2022061601513004)
XXXXXXXX XXXX XXXXXXXX XXXXXX XXX
06/28/2022 - R
06/10/2022 - D
Agreement
(2022061601513003)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
06/28/2022 - R
06/10/2022 - D
Mortgage
(2022061601513002)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX X X
06/28/2022 - R
06/10/2022 - D
Assignment, Mortgage
(2022061601513001)
XXXXXXXX XXXX XXXXXXXX XXXXX XXXX X X
02/14/2022 - R UCC3 Continuation
(2022021101275001)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXX
02/22/2017 - R UCC3 Continuation
(2017021000916001)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXX
07/13/2012 - R UCC3 Termination
(2012062900688006)
XXXXXXXX XXXXXX XXX XXX XXXX XXXXXXXXX XXXX
07/13/2012 - R Initial UCC1
(2012062900688005)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX
07/13/2012 - R
06/19/2012 - D
Assignment of Leases and Rents
(2012062900688004)
XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 1229 Clay 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
$276,575
Municipal exemptions
Recent tax assessments
Market value
$4,941,000
Assessed value
$2,223,450

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 $4,746,000 $2,135,700 $2,052,810 12.439% $255,349 $255,349 -3.97%
2024/25 $4,727,000 $2,127,150 $2,127,150 12.5% $265,894 $265,894 +1.47%
2023/24 $4,658,000 $2,096,100 $2,096,100 12.502% $262,054 $262,054 +6.08%
2022/23 $4,475,000 $2,013,750 $2,013,750 12.267% $247,027 $247,027 +6.75%
2021/22 $4,203,000 $1,891,350 $1,891,350 12.235% $231,407 $231,407 -24.33%
2020/21 $5,786,000 $2,603,700 $2,493,090 12.267% $305,827 $305,827 +0.64%
2019/20 $5,649,000 $2,542,050 $2,436,390 12.473% $303,891 $303,891 +1.48%
2018/19 $5,627,000 $2,532,150 $2,374,380 12.612% $299,457 $299,457 +3.66%
2017/18 $5,482,000 $2,466,900 $2,271,330 12.719% $288,890 $288,890 +3.08%
2016/17 $5,157,000 $2,320,650 $2,173,950 12.892% $280,266 $280,266 +6.80%

Permit information for 1229 Clay Avenue, Bronx, NY

Filing date Job type Job status Job description Initial cost
09/05/2024 Alteration
09/03/2024 Alteration
08/30/2024 Alteration
08/28/2024 Alteration
07/23/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
01/08/2025 Aeuhaz1-fail to certify class 1 none
01/08/2025 Aeuhaz1-fail to certify class 1 none
05/29/2024 Aeuhaz1-fail to certify class 1 none

*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
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Grand Concourse & 167th St at NE Corner
Station lines
B-D
Distance (miles)
0.372

Access the detailed traffic volume map for 1229 Clay Avenue, Bronx, NY 10456 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 1229 Clay Avenue, Bronx, NY 10456?

The development at 1229 Clay Avenue, Bronx, NY 10456 was built in 1929.

What is the market value of 1229 Clay Avenue, Bronx, NY 10456?

The current market value of 1229 Clay Avenue, Bronx, NY 10456 is $4,941,000.

What is the total square footage of 1229 Clay Avenue, Bronx, NY 10456?

1229 Clay Avenue, Bronx, NY 10456 has a total of 136,465 square feet.

What is the price per square foot for this property?

$52 per square foot is the price for 1229 Clay Avenue, Bronx, NY 10456.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 3.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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