NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,024,000

6 Beds
3 Baths
2,970 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 17, 2024

Last sale price $950,000 $320 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,834/month

12 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • 5-minute walk to Elder Avenue
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Attached Garage
  • Patio

About This Home

As of October 2024

A/O 7/3 - no more showings. Discover a remarkable investment opportunity with this affordable 3-family home located in the heart of the Bronx. With an excellent balance of space, convenience and potential, this property is perfect for investors or homeowners looking to generate rental income. The home features two spacious 3-bedroom, 1-bath units, as well as a large studio apartment that lives like a true 1-bedroom. The studio also provides access to a fenced-in backyard that’s perfect for relaxation or outdoor entertainment. A full, unfinished basement holds endless possibilities as a shared tenant space for storage and laundry. The location couldn’t be more ideal with the 6-train, buses and the Bruckner Expressway all just steps away. With some vision, minor construction and modern upgrades, this property is positioned to offer any buyer a significant return on their investment. NOTE: C/O shows a 2-family with an accessory room but property is taxed as a 3-family. Additional Information: Amenities:Storage,ParkingFeatures:1 Car Attached,

Last Agent to Sell the Property

Sandra Rooney

Julia B Fee Sothebys Int. Rlty Brokerage Phone: (914) 295-3500 License #10401263986 Listed on: 06/28/2024

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Mashud Ahmed

Bouklis Group Marketing Corp License #10401323025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Eat-In Kitchen
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Patio
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Assessor Parcel Number 03714-0017

Community Details

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,670

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1960
  • Attribution Contact: (914) 295-3500
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 950000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • CurrentPrice_By_BuildingAreaTotal: 319.86532
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Unfinished
  • Total Bedrooms: 6
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Baseboard, Hot Water
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Sq Ft: 2000
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03714-0017
  • Property Attached: Yes

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7670
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Oct 17, 2024
Sold by
Benefit Of Angelica Forti and Forti Trustee Francisco Jose
Bought by
Alom Shahriar and Salama Mohamed
Seller's Agent
Sandra Rooney
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Mashud Ahmed
Bouklis Group Marketing Corp
List Price
$845,000
Sold Price
$950,000
Premium/Discount to List
$105,000
12.43%
Current Estimated Value
$998,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,268
Avg. Annual Appreciation
4.22%
Original Mortgage
$712,500
Outstanding Balance
$704,678
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$293,590

Purchase Details

Closed on
Feb 10, 2023
Sold by
Maris Rosa Julia
Bought by
Angelica Forti and In Trust Of Francisco Jose Forti
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alom Shahriar $950,000 --
Angelica Forti -- --
Angelica Forti -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alom Shahriar $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $950,000 +12.4% $320 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $845,000 -- $285 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,445 $37,066 $6,141 $30,925
2024 $7,445 $37,066 $6,230 $30,836
2023 $7,187 $36,787 $6,205 $30,582
2022 $6,641 $44,340 $8,400 $35,940
2021 $6,587 $37,980 $8,400 $29,580
2020 $6,242 $39,540 $8,400 $31,140
2019 $6,169 $35,640 $8,400 $27,240
2018 $5,952 $30,656 $6,387 $24,269
2017 $5,596 $28,921 $8,098 $20,823
2016 $5,144 $27,284 $7,876 $19,408
2015 $3,102 $25,740 $9,300 $16,440
2014 $3,102 $25,740 $9,300 $16,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6305552

OneKey® MLS

APN: 03714-0017