248-04 SOUTH CONDUIT AVENUE
BBL 4136230006 · Class K5 · Built 1978 · 1 floors · JMB-KFC REAL ESTATE HOLDINGS, LLC
248-04 SOUTH CONDUIT AVENUE is a property in New York City zoned R3-2. The R3-2 classification is Residential R3-2. The structure was built in 1978. It has 1 floor. The building contains 1,740 square feet. Built FAR is 0.24 of 0.75 maximum allowed. Assessed value is $249,300. Last sold for $2,800,000 in January 2026. Located in Council District 31.
You can build 7,115 sf as-of-right. The lot uses 24% of it today.
Governing use: community facility at FAR 1.00 on a 7,115 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
9 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jan 15, 2026 | DEED | $2,800,000 | JMB-KFC REAL ESTATE HOLDINGS, LLC→LP ROSEDALE LLC |
| Aug 4, 2025 | DEED | — | BORTNICK, MARK→JMB-KFC REAL ESTATE HOLDINGS, LLC |
| Dec 24, 2024 | DEED | — | ANNAMARIA PANZARELLA, AS TRUSTEE→LANDIPANZ PROPERTIES LLC |
| Aug 9, 2024 | DEED | — | ANNAMARIA PANZARELLA, AS TRUSTEE→BORTNICK, MARK |
| Apr 25, 2014 | DEED | $115,000 | PANZARELLA, DECEASED, ANNE→BORTNICK, MARK |
| Feb 12, 2008 | DEED | $400,000 | ESTATE OF STANLEY PANZARELLA→JAJ REALTY DEVELOPMENT CO., LLC |
| Feb 12, 2008 | DEED | $200,000 | DAVID T. PANZARELLA AS ANCILLARY EXECUTOR→JAJ REALTY DEVELOPMENT CO., LLC |
| Feb 5, 1999 | DEED | — | PANZARELLA, ANNE (EX/OF)→PANZARELLA, ROBERT J(TRUSTEE) |
| Oct 22, 1996 | DEED | — | PANZARELLA, JOSEPH R.→PANZARELLA, ANNE |