NOT LISTED FOR SALE

1171 Forest Ave Bronx, NY 10456

Morrisania Neighborhood

Estimated Value: $654,699 - $1,055,000

9 Beds
3 Baths
3,620 Sq Ft
$243/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $560,000 $155 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,801/month

24 Days on Market

Highlights

  • Property is near public transit
  • Level Lot
  • 4-minute walk to McKinley Square Park
  • Hot Water Heating System

About This Home

As of January 2018

Ideally located large 3 Family on picturesque Forest Avenue, huge full ready to be finished walk out basement, street and back yard accessibility. Projected rent roll $5,400.00 monthly. This may just be the closest to ZERO out of pocket living now available in The Bronx. ACCEPTED OFFER 10/11/17 - STILL BEING SHOWN

Last Agent to Sell the Property

Zaman Wilson

Vern-Mount Realty Services Brokerage Phone: 914-664-4000 License #37WI0582696 Listed on: 09/30/2017

Last Buyer's Agent

Gloria Cole Nervil

Vern-Mount Realty Services License #10301215338

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1900

Lot Details

  • 1,751 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • 3,620 Sq Ft Home
  • Tri-Level Property
  • Frame Construction
  • Aluminum Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02652-0043

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,246

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-664-4000
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3620
  • SquareFootage: 3620.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Dimensions: 0.0402
  • Lot Size Sq Ft: 1751
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 02652-0043
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 0
  • NumberOf3Bedrooms: 3
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 2246
  • Tax Map Number: 02652-0043
  • IncludedInTaxes: Trash

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

Closed on
Sep 5, 2025
Sold by
Nicola Sports Management Inc
Bought by
Pleasant Connections Corp
Current Estimated Value
$880,925

Purchase Details

Listed on
Sep 30, 2017
Closed on
Feb 15, 2018
Sold by
Vainer Luba
Bought by
Nicola Sports Management Inc
Seller's Agent
Zaman Wilson
Vern-Mount Realty Services
Buyer's Agent
Gloria Cole Nervil
Vern-Mount Realty Services
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$448,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2017
Closed on
Jan 31, 2018
Sold by
Amy Powell and Dudley Powell As
Bought by
Vainer Luba
Seller's Agent
Zaman Wilson
Vern-Mount Realty Services
Buyer's Agent
Gloria Cole Nervil
Vern-Mount Realty Services
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 1990
Sold by
Amore Amy and Powell Amy
Bought by
Powell Amy and Powell Dudley
Source: Public Records
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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
Pleasant Connections Corp $651,056 --
Nicola Sports Management Inc -- --
Vainer Luba $560,000 --
Powell Amy -- --
Powell Amy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vainer Luba $448,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $560,000 +1.8% $155 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
09/30/2017 09/30/17 For Sale $550,000 -- $152 / 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 $2,892 $15,262 $2,135 $13,127
2024 $2,892 $14,400 $1,865 $12,535
2023 $2,765 $13,613 $1,690 $11,923
2022 $2,718 $56,280 $7,320 $48,960
2021 $2,837 $46,740 $7,320 $39,420
2020 $2,692 $41,460 $7,320 $34,140
2019 $2,510 $33,420 $7,320 $26,100
2018 $2,312 $11,344 $3,233 $8,111
2017 $2,312 $11,344 $3,954 $7,390
2016 $2,246 $11,233 $3,817 $7,416
2015 $1,291 $10,598 $3,595 $7,003
2014 $1,291 $10,000 $3,040 $6,960
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2018

    Zaman Wilson

    Vern-Mount Realty Services

    (914) 664-4000

    7 Total Sales

    Zaman Wilson
    Section Image

  • G

    Buyer's Agent in 2018

    Gloria Cole Nervil

    Vern-Mount Realty Services

    (914) 699-4228

    9 Total Sales

    Gloria Cole Nervil
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4743782

OneKey® MLS

APN: 02652-0043

New York Bronx County Bronx 10456 Morrisania

1171 Forest Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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