NOT LISTED FOR SALE

1251 Morrison Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $1,036,000 - $1,325,000

8 Beds
5 Baths
3,321 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 02, 2025

Last sale price $1,050,000 $316 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,222/month

53 Days on Market

Highlights

  • Colonial Architecture
  • 2-minute walk to Morrison-Sound View Avenues
  • Hot Water Heating System
  • Property is near public transit
  • Park
  • 3-minute walk to Parque de Los Niños

About This Home

As of July 2025

Great opportunity to own this legal 4 family home. The home features 4 apartments with spacious 2 bedrooms each, eat-in kitchen, full bathroom and living room. Conveniently located near shopping, schools, public transportation, parks, major highways.

Last Agent to Sell the Property

Ganeshpersau Samaroo

New York 1 Homes Network Inc Brokerage Phone: 718-322-5100 License #10311208930 Listed on: 07/22/2024

Last Buyer's Agent

Narwantie Sarabjeet

F&G Limitless Realty LLC License #10401360905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,979

Year Built

  • Built in 1927

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • 1 Common Wall

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Bronx High School Of Science

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 48 / 3777
  • Assessor Parcel Number 03777-0048

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,979

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Quadruplex
  • Year Built: 1927
  • Attribution Contact: 718-322-5100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Full Bathrooms: 5
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Dimensions: 25x100
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03777-0048
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Lease Considered: No
  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 14979
  • Tax Block: 3777
  • Tax Lot: 48

MLS Schools

  • High School: Bronx High School Of Science
  • Middle School District: Bronx 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Jul 2, 2025
Sold by
1251 Morrison Ave Realty Corp
Bought by
51 Morrison Ave Llc
Seller's Agent
Ganeshpersau Samaroo
New York 1 Homes Network Inc
Buyer's Agent
Narwantie Sarabjeet
F&G Limitless Realty LLC
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
12
Current Estimated Value
$1,120,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,057
Avg. Annual Appreciation
22.37%
Original Mortgage
$840,000
Outstanding Balance
$838,575
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,482

Purchase Details

Closed on
Oct 31, 2009
Sold by
Sawak Shamwatie
Bought by
1251 Morrison Ave Realty Corp

Purchase Details

Closed on
Feb 13, 1999
Sold by
Torres Indera
Bought by
Sawak Shamwatie
Source: Public Records

Range of Values:

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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
51 Morrison Ave Llc $1,050,000 --
1251 Morrison Ave Realty Corp -- --
1251 Morrison Ave Realty Corp -- --
Sawak Shamwatie -- First American Title Ins Co
Sawak Shamwatie -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 51 Morrison Ave Llc $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2025 07/02/25 Sold $1,050,000 -12.5% $316 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $1,200,000 -- $361 / 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 $16,172 $133,557 $35,405 $98,152
2024 $16,172 $129,355 $35,494 $93,861
2023 $14,698 $119,817 $34,179 $85,638
2022 $13,577 $273,150 $81,000 $192,150
2021 $0 $234,450 $81,000 $153,450
2020 $12,814 $257,400 $81,000 $176,400
2019 $12,549 $268,200 $81,000 $187,200
2018 $11,723 $92,167 $32,402 $59,765
2017 $10,857 $85,358 $31,745 $53,613
2016 $10,189 $79,037 $32,481 $46,556
2015 $6,615 $79,028 $37,044 $41,984
2014 $6,615 $76,542 $34,187 $42,355
Source: Public Records

Agents Affiliated with this Home

  • Ganeshpersau Samaroo

    Seller's Agent in 2025

    Ganeshpersau Samaroo

    New York 1 Homes Network Inc

    (347) 255-6260

    1 in this area

    20 Total Sales

    Ganeshpersau Samaroo
    Section Image

  • N

    Buyer's Agent in 2025

    Narwantie Sarabjeet

    F&G Limitless Realty LLC

    (646) 577-3434

    1 in this area

    7 Total Sales

    Narwantie Sarabjeet
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3567463

OneKey® MLS

APN: 03777-0048

New York Bronx County Bronx 10472 Parkchester

1251 Morrison Ave, Bronx, NY

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