NOT LISTED FOR SALE

1301 Commonwealth Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $744,693 - $1,138,000

6 Beds
4 Baths
2,680 Sq Ft
$356/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $475,000 $177 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,616/month

86 Days on Market

Highlights

  • Corner Lot
  • 2-minute walk to St Lawrence Avenue
  • Hot Water Heating System
  • 2 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of February 2016

Great Income Producing Property fully rented. Mixed use 4 units property. First floor front is an office (used as a studio) and three more apartments units 1, 2, and 3 bedrooms. One tenant takes care of the property for reduced rent which reflects in the rent roll. Another tenant is about to have an increase which would bring Gross Rent to a total of $52,800. Detached two car garage. Centrally located and one block away from MTA - St. Lawrence Ave also close to I-95 and Bronx River Pkwy. AO no more showings.

Last Agent to Sell the Property

Monica Monaco

PLI Realty Brokerage Phone: 914-963-7400 License #10301212538 Listed on: 08/08/2015

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,358

Year Built

  • Built in 1930

Lot Details

  • 2,039 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03874-0077

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,358

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: 914-963-7400
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Basement: Partially Finished
  • Total Bedrooms: 6
  • Living Area: 2680
  • Owner Pays: Insurance
  • SquareFootage: 2680.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Hot Water
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Fuel Oil Stand Alone
  • NumberOfHeatingZones: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 1800
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Dimensions: 0.0468
  • Lot Size Sq Ft: 2039
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 03874-0077
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 9600
  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 11358
  • Tax Map Number: 03874-0077
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2015
Closed on
Feb 25, 2016
Sold by
1301 Commonwealth Avenue Holdings Llc
Bought by
Ali Md Shahin and Bhuiyan Tahmina
Seller's Agent
Monica Monaco
PLI Realty
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$449,000
Sold Price
$475,000
Premium/Discount to List
$26,000
5.79%
Current Estimated Value
$954,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,423
Avg. Annual Appreciation
7.53%
Original Mortgage
$356,250
Outstanding Balance
$283,275
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$671,148

Purchase Details

Closed on
Apr 19, 2013
Sold by
Newman Marilyn
Bought by
1301 Commonwealth Avenue Holdings Llc

Purchase Details

Closed on
Feb 11, 2013
Sold by
Glenn Newman As Trustee
Bought by
Newman Marilyn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ali Md Shahin $475,000 --
1301 Commonwealth Avenue Holdings Llc -- --
1301 Commonwealth Avenue Holdings Llc -- --
1301 Commonwealth Avenue Holdings Llc -- --
Newman Marilyn -- --
Glenn Newman As Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Md Shahin $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2016 02/25/16 Sold $475,000 +5.8% $177 / Sq Ft
11/03/2015 11/03/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $449,000 -- $168 / 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 $18,667 $154,077 $73,117 $80,960
2024 $18,667 $149,309 $56,642 $92,667
2023 $16,961 $138,262 $58,017 $80,245
2022 $15,665 $263,250 $117,450 $145,800
2021 $0 $210,600 $117,450 $93,150
2020 $14,783 $230,400 $117,450 $112,950
2019 $14,485 $223,020 $117,450 $105,570
2017 $12,527 $98,490 $65,912 $32,578
2016 $11,757 $91,196 $67,238 $23,958
2015 $7,633 $91,170 $76,759 $14,411
2014 $7,633 $88,349 $70,951 $17,398
Source: Public Records

Agents Affiliated with this Home

  • Monica Monaco

    Seller's Agent in 2016

    Monica Monaco

    PLI Realty

    (914) 434-4138

    77 Total Sales

    Monica Monaco
    Section Image

  • N

    Buyer's Agent in 2016

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4536809

OneKey® MLS

APN: 03874-0077

New York Bronx County Bronx 10472 Parkchester

1301 Commonwealth Ave, Bronx, NY

This home is located at 1301 Commonwealth Ave, Bronx, NY 10472 since 08 August 2015 and is currently estimated at $954,423, approximately $356 per square foot. This property was built in 1930. 1301 Commonwealth Ave is a home located in Bronx County with nearby schools including P.S. 214, P.S. 47 - John Randolph, and Holy Family School.

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.

OneKey® MLS 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.

Nearby Homes