290 East 150 Street
Melrose, Bronx
Parcel ID (BBL): 2023310013
Owner: Kaushik Patel
Acquired: October 17, 2023, $2.2 million
Debt: February 10, 2026, $10.5 million
Built: 2021
Renovated: 2021
SF: 25,472
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 10
Transactions:
• Kaushik Patel borrowed $10.5 million from Spring Bank for 290 East 150th Street, Melrose, Bronx on February 10, 2026.
• Kaushik Patel borrowed $6.8 million from Parke Bank for 290 East 150th Street, Melrose, Bronx on August 20, 2024.
• Eileen Marquez sold 290 East 150th Street, Melrose, Bronx for $2.2 million to Kaushik Patel on October 17, 2023.
• None sold 290 East 150th Street and 285 East 149th Street, Melrose, Bronx for $0 to None on October 11, 2023.
Development:
• Kaushik Patel filed new building job 210180999 for 22,031 sqft R-1 building with 70 apartments in Melrose, Bronx, on March 12, 2020.
• Arpitkumar Patel filed alteration job X01042552 for 25,000 sqft 70 building with 68 apartments in Melrose, Bronx, on April 26, 2024.
• Prabhjit Singh filed alteration job X01029043 for 170 sqft building with 1 apartments in Melrose, Bronx, on April 02, 2024.
• Arpitkumar Patel filed alteration job X01004381 for 1,050 sqft building with 2 apartments in Melrose, Bronx, on February 14, 2024.
• Lucio Gil Rumaldo filed alteration job X00719861 for 20,170 sqft building with 0 apartments in Melrose, Bronx, on April 21, 2022.
• Lucio Gil Rumaldo filed alteration job X00719860 for 1,850 sqft building with 0 apartments in Melrose, Bronx, on April 18, 2022.
Violations:
According to city public data, the properties have received $2,250 in ECB penalties and $2,350 in OATH penalties in the last year.