NOT LISTED FOR SALE

1305 Hoe Ave Bronx, NY 10459

Crotona Park East Neighborhood

Estimated Value: $778,000 - $989,000

6 Beds
2 Baths
2,266 Sq Ft
$397/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $2,150,000 $949 Per Sq Ft

Current estimated payment $4,890/month

50 Days on Market

Highlights

  • Window Unit Cooling System
  • Baseboard Heating
  • 2-minute walk to Freeman Street

About This Home

As of April 2024

Development Opportunity in the South Bronx" - Prime 75 X 100 lot FAR 3.44 - Offers 25,800 square feet of buildable space. $294 per square feet just two blocks from the 2 and 5 Train Station. this property presents substantial potential for developers and investors seeking to expand and enhance their portfolio. **LOT 43 LOT 44 LOT 45* Two lots ready for Tear down and 1 Lot ready for excavation! each lot is tax separately THREE LOTS BEING SOLD AS PACKAGE DEAL LAND SURVEY UPON REQUEST!

Last Agent to Sell the Property

Jason Western

eXp Realty Brokerage Phone: (646) 668-6076 License #10401300741 Listed on: 10/18/2023

eXp Realty

Last Buyer's Agent

Rudis Rodriguez

Keller Williams Realty NYC Grp License #10301223762

Keller Williams Realty NYC Grp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1901

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,266 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 02980-0044

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,375

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (646) 668-6076
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 2266
  • SquareFootage: 2266.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7500
  • Lot Size Units: Acres
  • Parcel Number: 02980-0044
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 5375
  • Tax Map Number: 02980-0044
  • IncludedInTaxes: Sewer

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
Oct 18, 2023
Closed on
Apr 10, 2024
Sold by
Melendez Gigi
Bought by
1303 Hoe Avenue Llc
Seller's Agent
Jason Western
eXp Realty
Buyer's Agent
Rudis Rodriguez
Keller Williams Realty NYC Grp
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%
Views
26
Current Estimated Value
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,250,000
Avg. Annual Appreciation
-37.39%
Original Mortgage
$1,100,000
Outstanding Balance
$1,082,079
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$182,079

Purchase Details

Closed on
Oct 24, 2003
Sold by
Melendez Eleuterio and Melendez Marta
Bought by
Melendez Gigi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
1303 Hoe Avenue Llc $950,000 --
1303 Hoe Avenue Llc $950,000 --
Melendez Gigi $330,000 --
Melendez Gigi $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1303 Hoe Avenue Llc $1,100,000
Closed 1303 Hoe Avenue Llc $1,100,000
Previous Owner Melendez Gigi $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2024 04/10/24 Sold $2,150,000 -2.3% $949 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $2,200,000 +2.3% $971 / Sq Ft
11/29/2023 11/29/23 Off Market $2,150,000 -- --
11/17/2023 11/17/23 For Sale $2,200,000 +2.3% $971 / Sq Ft
11/14/2023 11/14/23 Off Market $2,150,000 -- --
10/18/2023 10/18/23 For Sale $2,200,000 -- $971 / Sq Ft
Source: OneKey® MLS

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 $2,597 -- -- --
2024 $2,597 $14,330 $3,807 $10,523
2023 $2,545 $13,933 $3,682 $10,251
2022 $2,494 $49,440 $11,940 $37,500
2021 $2,521 $40,140 $11,940 $28,200
2020 $2,384 $36,600 $11,940 $24,660
2019 $2,205 $29,520 $11,940 $17,580
2018 $2,069 $11,611 $6,583 $5,028
2017 $2,067 $11,611 $7,131 $4,480
2016 $1,925 $11,181 $5,949 $5,232
2015 $1,101 $10,549 $3,980 $6,569
2014 $1,101 $9,952 $4,193 $5,759
Source: Public Records

Agents Affiliated with this Home

  • Jason Western

    Seller's Agent in 2024

    Jason Western

    eXp Realty

    (646) 668-6076

    1 in this area

    9 Total Sales

    Jason Western
    Section Image
  • Rudis Rodriguez

    Buyer's Agent in 2024

    Rudis Rodriguez

    Keller Williams Realty NYC Grp

    (347) 429-2220

    3 in this area

    13 Total Sales

    Rudis Rodriguez
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6274029

OneKey® MLS

APN: 02980-0044

New York Bronx County Bronx 10459 Crotona Park East

1305 Hoe Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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