NOT LISTED FOR SALE

1323 Commonwealth Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $1,151,000 - $1,201,838

6 Beds
4 Baths
2,680 Sq Ft
$438/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $1,100,000 $410 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,224/month

204 Days on Market

Highlights

  • 2 Car Attached Garage
  • Hot Water Heating System
  • 3-minute walk to St Lawrence Avenue

About This Home

As of February 2024

This is a unique opportunity to own a beautiful 4-family property that has just been listed on the market for the very first time. The property boasts a stunning brick exterior and is located on a picturesque tree-lined block, providing an inviting and welcoming atmosphere. The location of the property is also highly desirable, with convenient access to all major MTA transportation options and highways, making commuting a breeze. Additionally, the property is situated in close proximity to a variety of stores and amenities, providing residents with easy access to everything they need. Inside, each of the four units are spacious ready for occupancy. Whether you are looking to rent out all units for passive income, or live in one unit while renting out the others, this property is an excellent investment opportunity. One of the standout features of this property is the two indoor car garage, providing ample parking space for all residents. This is an especially valuable feature in a bustling area where parking can be a challenge. Walk out basement. 5 year young Boiler. Don't miss your chance to own this exceptional property and take advantage of all it has to offer. Contact us today to schedule a viewing and see for yourself why this property is such a special find.

Last Agent to Sell the Property

Adrian Romero

Century 21 Galvez Brokerage Phone: (917) 724-4789 License #10401307015 Listed on: 04/03/2023

Century 21 Galvez

Last Buyer's Agent

Adrian Romero

Century 21 Galvez Brokerage Phone: (917) 724-4789 License #10401307015 Listed on: 04/03/2023

Century 21 Galvez

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,893

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03874-0066

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,893

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: (917) 724-4789
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 2680
  • SquareFootage: 2680.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • 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: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Parcel Number: 03874-0066
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 9893
  • Tax Map Number: 03874-0066

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
Apr 3, 2023
Closed on
Feb 1, 2024
Sold by
Crooms James C and Crooms-Lyncook Ericka
Bought by
Hossain Mazumder Md Shakhawat and Jahan Murshid
Seller's Agent
Adrian Romero
Century 21 Galvez
Buyer's Agent
Adrian Romero
Century 21 Galvez
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Views
146
Current Estimated Value
$1,174,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,710
Avg. Annual Appreciation
3.36%
Original Mortgage
$770,000
Outstanding Balance
$756,418
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$418,292

Purchase Details

Closed on
Aug 22, 2017
Sold by
Crooms Bernice and Crooms Ericka
Bought by
Crooms Bernice and Crooms James C

Purchase Details

Closed on
Jul 16, 1998
Sold by
Crooms Bernice
Bought by
Crooms Berinice and Crooms Ericka
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
Hossain Mazumder Md Shakhawat $1,100,000 --
Hossain Mazumder Md Shakhawat $1,100,000 --
Crooms Bernice -- --
Crooms Bernice -- --
Crooms Berinice -- --
Crooms Berinice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Mazumder Md Shakhawat $770,000
Closed Hossain Mazumder Md Shakhawat $770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $1,100,000 0.0% $410 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/30/2023 10/30/23 Off Market $1,100,000 -- --
10/02/2023 10/02/23 For Sale $1,200,000 +9.1% $448 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
07/21/2023 07/21/23 Off Market $1,100,000 -- --
07/10/2023 07/10/23 Price Changed $1,200,000 -20.0% $448 / Sq Ft
04/10/2023 04/10/23 For Sale $1,499,999 -- $560 / 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 $13,349 $109,741 $12,171 $97,570
2024 $13,349 $106,774 $9,467 $97,307
2023 $13,044 $106,336 $10,428 $95,908
2022 $9,894 $263,250 $27,450 $235,800
2021 $0 $210,600 $27,450 $183,150
2020 $8,922 $230,400 $27,450 $202,950
2019 $8,726 $223,020 $27,450 $195,570
2017 $4,598 $75,739 $11,846 $63,893
2016 $8,737 $70,129 $12,084 $58,045
2015 $2,500 $64,935 $12,777 $52,158
2014 $2,500 $63,180 $11,858 $51,322
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6240856

OneKey® MLS

APN: 03874-0066