NOT LISTED FOR SALE

1394 Commonwealth Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $1,040,000 - $1,103,000

6 Beds
3.5 Baths
3,252 Sq Ft
$329/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $975,000 $300 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,171/month

26 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to St Lawrence Avenue
  • 5-minute walk to Noble Park
  • ENERGY STAR Qualified Equipment for Heating
  • Heating Available

About This Home

As of June 2023

Great investment opportunity, the property offers 3 units of 2 bedroom and 1 bathroom apartments.A finished basement and a private driveway. Screaming with convenience this semi-detached 3 family was built in 2001. Sun-drenched living area with upgraded kitchen and bathroom. Steps away from the 6 train St Lawrence station and Bx11 bus station. Close to schools, park, grocery and Cross Bronx Expressway. Total rental income $6,650

Last Agent to Sell the Property

Helen Pekson

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10401365855 Listed on: 04/07/2023

Last Buyer's Agent

Manoje Sarkar

Keller Williams Realty NYC Grp License #10401355075

Keller Williams Realty NYC Grp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 2001

Lot Details

  • 1,742 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,252 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 03875-0041

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,818

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished
  • Total Bedrooms: 6
  • Living Area: 3252
  • SquareFootage: 3252.00
  • SquareFootageSource: Other

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • 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: 0.04
  • Lot Size Sq Ft: 1742
  • Lot Size Units: Acres
  • Parcel Number: 03875-0041
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 1
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 6818
  • Tax Map Number: 03875-0041

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 7, 2023
Closed on
Jun 9, 2023
Sold by
R & A Of Bronx Llc
Bought by
Biswas Md P and Das Sumona R
Seller's Agent
Helen Pekson
Han Tang Realty Inc.
Buyer's Agent
Manoje Sarkar
Keller Williams Realty NYC Grp
List Price
$988,000
Sold Price
$975,000
Premium/Discount to List
-$13,000
-1.32%
Views
127
Current Estimated Value
$1,070,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,563
Avg. Annual Appreciation
3.62%
Original Mortgage
$892,856
Outstanding Balance
$868,029
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$202,534

Purchase Details

Closed on
Jul 12, 2021
Sold by
Shalom Roman
Bought by
R & A Of Bronx Llc

Purchase Details

Closed on
Apr 26, 2021
Sold by
R & A Of Bronx Llc
Bought by
Shalom Roman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 15, 2019
Closed on
Sep 9, 2019
Sold by
Hudson Homes Management Llc Attorney-In- and Lsf8 Master Participation Trust
Bought by
R & A Of Bronx Llc
Seller's Agent
Jim Pappas
Rock Realty Inc
Buyer's Agent
Jim Pappas
Rock Realty Inc
List Price
$624,900
Sold Price
$590,000
Premium/Discount to List
-$34,900
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$520,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2017
Sold by
Geist Esq As Referee Gerald
Bought by
U S Bank Trust N A As Trustee For Ls

Purchase Details

Closed on
Apr 29, 2005
Sold by
1394 Commonwealth Holdings Llc and Herbert Tepfer %
Bought by
Edman Sheila

Purchase Details

Closed on
Dec 2, 2004
Sold by
Y-2-K Building Corp
Bought by
Edman Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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
Biswas Md P $975,000 --
Biswas Md P $975,000 --
R & A Of Bronx Llc -- --
R & A Of Bronx Llc -- --
Shalom Roman -- --
Shalom Roman -- --
R & A Of Bronx Llc $590,000 --
R & A Of Bronx Llc $590,000 --
U S Bank Trust N A As Trustee For Ls $944,809 --
U S Bank Trust N A As Trustee For Ls $944,809 --
Edman Sheila -- --
Edman Sheila -- --
Edman Sheila $525,000 --
1394 Commonwealth Holdings Llc -- --
1394 Commonwealth Holdings Llc -- --
Edman Sheila $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biswas Md P $892,856
Closed Biswas Md P $892,856
Previous Owner Shalom Roman $145,000
Previous Owner R & A Of Bronx Llc $520,000
Previous Owner Edman Sheila $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2023 11/16/23 Off Market $975,000 -- --
06/09/2023 06/09/23 Sold $975,000 -1.3% $300 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $988,000 +67.5% $304 / Sq Ft
09/10/2019 09/10/19 Sold $590,000 -5.6% $158 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $624,900 -- $167 / 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 $7,202 $35,856 $4,835 $31,021
2024 $7,202 $35,856 $4,457 $31,399
2023 $7,227 $35,586 $4,273 $31,313
2022 $6,702 $51,420 $6,780 $44,640
2021 $6,666 $47,040 $6,780 $40,260
2020 $6,325 $47,340 $6,780 $40,560
2019 $6,251 $42,900 $6,780 $36,120
2018 $6,045 $29,655 $5,093 $24,562
2017 $5,703 $27,977 $5,260 $22,717
2016 $5,276 $26,394 $5,606 $20,788
2015 $3,596 $24,900 $7,560 $17,340
2014 $3,596 $24,900 $7,560 $17,340
Source: Public Records

Agents Affiliated with this Home

  • Helen Pekson

    Seller's Agent in 2023

    Helen Pekson

    Han Tang Realty Inc.

    (917) 238-1738

    5 in this area

    15 Total Sales

    Helen Pekson
    Section Image
  • Manoje Sarkar

    Buyer's Agent in 2023

    Manoje Sarkar

    Keller Williams Realty NYC Grp

    (347) 951-7111

    10 in this area

    30 Total Sales

    Manoje Sarkar
    Section Image
  • Jim Pappas

    Seller's Agent in 2019

    Jim Pappas

    Rock Realty Inc

    (718) 478-4545

    4 in this area

    113 Total Sales

    Jim Pappas
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6240631

OneKey® MLS

APN: 03875-0041

New York Bronx County Bronx 10472 Parkchester

1394 Commonwealth Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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