B
Seller's Agent in 2025
Bruce Barnes
Blackstone Realty
(516) 794-5500
1 in this area
4 Total Sales
1215 Bronx River Ave Bronx, NY 10472
Parkchester Neighborhood
7
Beds
6
Baths
3,400
Sq Ft
2,500
Sq Ft Lot
Highlights
- Colonial Architecture
- 4-minute walk to Elder Avenue
- Park
- Property is near public transit
- 1 Fireplace
- Hot Water Heating System
About This Home
As of May 2025**Will be delivered Vacant** Unlock the full potential of real estate success with this extraordinary 4 Family set up-a cash-flow masterpiece strategically poised for profitability in every facet. Discover a property with not just size but vision, boasting an expansive lot and incredible R6/M1-1 zoning that sets the stage for a truly one-of-a-kind opportunity. A mere stone's throw away from the Cross Bronx Expressway and Hutchison River Parkway, this income-producing Property offers unparalleled connectivity, ensuring your investment thrives in a high-demand location. This is not merely a property; it's a financial engine. With thoughtfully designed units, each tailored to house spacious layouts, your investment is set to generate robust and consistent income streams. The canvas for your real estate dreams awaits! The massive lot size not only accommodates the existing quadruplex but opens the door to limitless possibilities for expansion and development. The incredible zoning potential of R6/M1-1 empowers you to dream big. Whether it's building upward or exploring diverse uses, this property adapts to your vision, ensuring lasting value and adaptability. Surrounding the property are restaurants, laundromats, banks, and a pharmacy, ensuring your residents experience the epitome of comfort. Additionally, gyms, shops, and bus stops are mere steps away. The main line for the 6 train is within a stone's throw, providing unparalleled access to public transportation and enhancing the property's appeal to potential tenants. Beyond the existing quadruplex configuration, envision the potential for this property to function as more units. Explore the possibilities, whether it's optimizing for increased rental income or catering to varied tenant needs. Seize this colossal opportunity to redefine your real estate portfolio. Whether you're an experienced investor or a visionary looking to make a mark, this 4-family quadruplex offers the perfect blend of immediate returns and future growth potential. Act now and position yourself at the forefront of real estate success!
Last Agent to Sell the Property
Blackstone Realty Brokerage Phone: 516-825-6511 License #10311208180 Listed on: 11/30/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,495
Year Built
- Built in 1926
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 25x100
Home Design
- Quadruplex
- Colonial Architecture
- Brick Exterior Construction
- Block Exterior
- Stone Siding
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- Private Parking
- Driveway
Schools
- JHS 127 Castle Hill Middle School
- New World High School
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
Additional Features
- 1 Fireplace
- Property is near public transit
Listing and Financial Details
- Legal Lot and Block 59 / 3769
- Assessor Parcel Number 03769-0059
Community Details
Overview
- 4 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 5 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2023
Closed on
May 22, 2025
Sold by
Rafiqi Mlaly
Bought by
Tayyab Rukhsana
Seller's Agent
Bruce Barnes
Blackstone Realty
Buyer's Agent
hassan shah
Blackstone Realty
List Price
$1,099,000
Sold Price
$990,000
Premium/Discount to List
-$109,000
-9.92%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,595
Avg. Annual Appreciation
8.11%
Original Mortgage
$742,500
Outstanding Balance
$741,238
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,357
Purchase Details
Listed on
Oct 4, 2017
Closed on
Apr 6, 2018
Sold by
Khan Reshma and Khan Zamin
Bought by
Rafiqi Mlaly
Seller's Agent
Andrew Haxhiu
Comres Realty Group LLC
Buyer's Agent
Andrew Haxhiu
Comres Realty Group LLC
List Price
$875,000
Sold Price
$785,000
Premium/Discount to List
-$90,000
-10.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.31%
Original Mortgage
$577,500
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 11, 2013
Closed on
Dec 30, 2014
Sold by
Lettera Michael P
Bought by
Khan Reshma and Khan Zamin
Seller's Agent
Andrew Haxhiu
Comres Realty Group LLC
Buyer's Agent
Andrew Haxhiu
Comres Realty Group LLC
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.64%
Original Mortgage
$417,302
Interest Rate
3.92%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $990,000 | -- | |
| Deed | $785,000 | -- | |
| Deed | $425,000 | -- | |
| Deed | $425,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $742,500 | Purchase Money Mortgage | |
| Previous Owner | $577,500 | New Conventional | |
| Previous Owner | $417,302 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | Sold | $990,000 | -9.9% | $291 / Sq Ft |
| 07/08/2024 07/08/24 | Pending | -- | -- | -- |
| 11/30/2023 11/30/23 | For Sale | $1,099,000 | +40.0% | $323 / Sq Ft |
| 04/06/2018 04/06/18 | Sold | $785,000 | -10.3% | $231 / Sq Ft |
| 10/03/2017 10/03/17 | Pending | -- | -- | -- |
| 10/03/2017 10/03/17 | For Sale | $875,000 | +105.9% | $257 / Sq Ft |
| 12/31/2014 12/31/14 | Sold | $425,000 | -10.5% | $125 / Sq Ft |
| 03/18/2014 03/18/14 | Pending | -- | -- | -- |
| 11/11/2013 11/11/13 | For Sale | $475,000 | -- | $140 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $17,055 | $140,750 | $33,255 | $107,495 |
| 2024 | $17,055 | $136,419 | $38,660 | $97,759 |
| 2023 | $15,495 | $126,317 | $42,957 | $83,360 |
| 2022 | $14,311 | $279,450 | $83,250 | $196,200 |
| 2021 | $0 | $239,850 | $83,250 | $156,600 |
| 2020 | $13,504 | $263,250 | $83,250 | $180,000 |
| 2019 | $13,235 | $274,500 | $83,250 | $191,250 |
| 2018 | $12,359 | $97,167 | $34,305 | $62,862 |
| 2017 | $11,444 | $89,976 | $33,627 | $56,349 |
| 2016 | $10,741 | $83,314 | $34,327 | $48,987 |
| 2015 | $6,973 | $83,284 | $39,205 | $44,079 |
| 2014 | $6,973 | $80,722 | $36,159 | $44,563 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Barnes
-
hassan shah
h
Buyer's Agent in 2025
hassan shah
Blackstone Realty
(929) 261-6754
1 in this area
61 Total Sales
-
Andrew Haxhiu
Seller's Agent in 2018
Andrew Haxhiu
Comres Realty Group LLC
(917) 567-6544
30 Total Sales
-
P
Buyer's Agent in 2018
Peter Douglas
Donovan Brothers Realty Inc
Map
Source: OneKey® MLS
MLS Number: L3518822
APN: 03769-0059
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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