468 East 159 Street
Melrose, Bronx
Parcel ID (BBL): 2023800051
Built: 2000
SF: 73,555
Dwelling units: 61
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 7
Legacy BBLs: 2023800051
Transactions:
• Company sold 3103 3rd Avenue, Melrose, Bronx for $0 to company on March 20, 2025.
• Company sold 3103 3rd Avenue, Melrose, Bronx for $0 to company on March 20, 2025.
• Phipps Houses borrowed $20 million from Citibank and NYC Department of Housing Preservation and Development for 3103 3rd Avenue, Melrose, Bronx on January 07, 2025.
• Company sold 3103 3rd Avenue, Melrose, Bronx for $0 to company on August 03, 2023.
• National Equity Fund sold 3103 3rd Avenue, Melrose, Bronx for $12.1 million to Phipps Houses on December 22, 2022.
Development:
• Saleh Chowdhury filed plans for alteration in Melrose, Bronx, on May 08, 2025.
• Yasina Siddiqi filed plans for alteration in Melrose, Bronx, on April 10, 2025.
• Michael Wadman filed plans for alteration in Melrose, Bronx, on October 23, 2024.
• Matthew Kelly filed plans for alteration in Melrose, Bronx, on October 23, 2023.
• Matthew Kelly filed plans for alteration in Melrose, Bronx, on October 23, 2023.
Violations:
According to city public data, the properties have received $1,905 in ECB penalties, 17 housing violations, and $2,155 in OATH penalties in the last year.