NOT LISTED FOR SALE

1394 Commonwealth Ave Bronx, NY 10472

Parkchester Neighborhood

Estimated Value: $1,057,243 - $1,166,000

6 Beds
3.5 Baths
3,252 Sq Ft
$345/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2023

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

Est. 15% increase in value since last sale

Current estimated payment $6,584 / mo

26 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • 5-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

1,742 Sq Ft Lot

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
$1,122,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,061
Avg. Annual Appreciation
4.93%
Original Mortgage
$892,856
Outstanding Balance
$862,212
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,849

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
10.12%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,202 $38,007 $4,252 $33,755
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

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Map

Source: OneKey® MLS

MLS Number: KEY6240631

OneKey® MLS

APN: 03875-0041

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