452 East 158 Street
Melrose, Bronx
Parcel ID (BBL): 2023790045
Acquired: April 10, 2024, $4.3 million
Debt: April 10, 2024, $68.9 million
Built: 2024
Renovated: 2023
SF: 42,709
Dwelling units: 84
No. of buildings: 1
Class: Semi-Fireproof With Stores (D7)
Floors: 8
Legacy BBLs: 2023790045
Transactions:
• Azimuth Development Group borrowed $68.9 million from NYS Housing Finance Agency and NYC Department of Housing Preservation and Development for 450 East 158th Street and 407-409 East 158th Street, Melrose, Bronx on April 10, 2024.
• Mark Sonnenschein sold 450 East 158th Street and 407-409 East 158th Street, Melrose, Bronx for $4.3 million to Azimuth Development Group on April 10, 2024.
• Mark (Moshe) Sonnenschein sold 450 East 158th Street and 456 East 158th Street, Morrisania, Bronx for $2.1 million to NY Annual Conference Of The United Methodist Church on June 09, 2021.
Development:
• Azimuth Development Group filed new building job X08055447 for 44,489 sqft R-2 building with 84 apartments in Melrose, Bronx, on December 23, 2022.
• Richard Rendos filed alteration job X01364488 for building in Melrose, Bronx, on March 11, 2026.
• Guido Subotovsky filed alteration job X01189746 for building in Melrose, Bronx, on March 14, 2025.
• William Laffey filed alteration job X01120298 for 50,835 sqft building with 84 apartments in Melrose, Bronx, on October 02, 2024.
• William Laffey filed alteration job X01105422 for 50,835 sqft building with 84 apartments in Melrose, Bronx, on September 19, 2024.
• Prabhjit Singh filed alteration job X01095361 for 3,120 sqft building with 1 apartments in Melrose, Bronx, on August 14, 2024.
Most recent Zoning Diagram (ZD1)
Litigation:
• Xiao Jun Chen filed a $1.5 million lawsuit 817921/2023E against Mark Sonnenschein on November 09, 2023,seeking a money judgment related to partnershipat 450 East 158 Street.
Violations:
According to city public data, the properties have received $7,300 in ECB penalties and $7,300 in OATH penalties in the last year.