NOT LISTED FOR SALE

1111 Neill Ave Bronx, NY 10461

Morris Park Neighborhood

Estimated Value: $932,000 - $1,139,000

7 Beds
3 Baths
3,640 Sq Ft
$283/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $1,125,000 $309 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,189/month

55 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Instant Hot Water
  • Eat-In Kitchen
  • Park
  • Hot Water Heating System

About This Home

As of September 2022

Exclusive Brick/Frame 3 Family Detached Home with additional 25 x100 Separate Tax Lot Zoned R4-1. This Diamond in the Rough has both the perfect investment opportunity and Homebuying power to maintain incredible rental income! 2-3 bedroom apartments and also a garden 1 bedroom apartment with additional storage space with easy access. The extra tax lot (23) has an easement for ample parking and ample green space! Don't miss this unique opportunity!

Last Agent to Sell the Property

Vince Buccieri

Today Realty Corp. License #10301203112 Listed on: 04/06/2022

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,565

Year Built

  • Built in 1935

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Instant Hot Water

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil
  • Municipal Trash

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 04305-0024

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,565

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Year Built: 1935
  • Attribution Contact: 718-597-1777
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Pantry
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Partial
  • Total Bedrooms: 7
  • Living Area: 3640.00
  • Square Footage: 3640.00

Exterior Features

  • Construction Materials: Brick, Frame, Vinyl Siding
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: On Demand
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04305-0024
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Close Date: 2022-09-21
  • Included in Taxes: Trash
  • Tax Annual Amount: 8565.00
  • Tax Map Number: 04305-0024

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Three Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Sep 21, 2022
Sold by
Mobilia Algenia and Mobilia Luciano
Bought by
Lu Xiao Dan
Seller's Agent
Vince Buccieri
Today Realty Corp.
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,300,000
Sold Price
$1,125,000
Premium/Discount to List
-$175,000
-13.46%
Views
2
Current Estimated Value
$1,029,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,667
Avg. Annual Appreciation
-2.64%
Original Mortgage
$650,000
Outstanding Balance
$622,462
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,871
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
Lu Xiao Dan $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Xiao Dan $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $1,125,000 -13.5% $309 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $1,300,000 -- $357 / 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 $9,679 $48,557 $8,005 $40,552
2024 $9,679 $48,192 $9,332 $38,860
2023 $9,233 $45,464 $8,956 $36,508
2022 $8,276 $60,300 $10,980 $49,320
2021 $8,213 $48,960 $10,980 $37,980
2020 $8,269 $49,080 $10,980 $38,100
2019 $8,108 $46,560 $10,980 $35,580
2018 $7,426 $37,887 $7,825 $30,062
2017 $6,987 $35,743 $8,618 $27,125
2016 $6,431 $33,720 $10,980 $22,740
2015 $3,933 $36,072 $12,103 $23,969
2014 $3,933 $34,140 $11,455 $22,685
Source: Public Records

Agents Affiliated with this Home

  • Vince Buccieri

    Seller's Agent in 2022

    Vince Buccieri

    Today Realty Corp.

    (718) 597-1777

    59 in this area

    127 Total Sales

    Vince Buccieri
    Section Image

  • N

    Buyer's Agent in 2022

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6177019

OneKey® MLS

APN: 04305-0024

New York Bronx County Bronx 10461 Morris Park

1111 Neill Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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