NOT LISTED FOR SALE

Estimated Value: $1,000,481 - $1,132,000

8 Beds
4.5 Baths
3,800 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $750,000 $197 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,165/month

39 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Park
  • Property is near public transit
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2018

Humongous - Renovated- Mint Brick 2 Family in Parkchester area in The Bronx. Lot size 24x100, Building Sq. Ft 4200 , Dimensions 20x70, Two stories building, above grade finished basement and attached 2 car garage with driveway and backyard. First Fl unit is 1400 sq.ft, 4 BRs with 1 full and 1 half bath, LR, family room with dining area and kitchen. Patio in the front.Second fl 1400 sq.ft consist of a 1 BR Parlour with 2 rooms and a bath and a 3 BRs unit with LR with dining area, kitchen and a full bath.Walk-in BSMT has 400 sq.ft attached indoor garage and 1000 sq.ft. with family-room,playroom,laundry area, utilities area,bath and huge open space with lots of potential.All new stainless steel appliances, hardwood floors,tiled floors,recess lights all over the house, Granite counter tops and wood cabinets,modern fixtures in kitchen and bathrooms, skylights,interior stairs,gas boiler and hot water tank.Near 6 Train,Manhattan Exp. Bus BXM6, Queens Bus Q44, Local Buses BX 36,Bx4 and BX4A.

Last Agent to Sell the Property

Jakaria Saha

New Empire Real Estate Group Brokerage Phone: 718-798-1200 License #40SA1141959 Listed on: 03/26/2018

Co-Listed By

Syed Kibria

New Empire Real Estate Group Brokerage Phone: 718-798-1200 License #30KI0988867

New Empire Real Estate Group

Last Buyer's Agent

Syed Kibria

New Empire Real Estate Group Brokerage Phone: 718-798-1200 License #30KI0988867

New Empire Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 1920 | Remodeled in 2018

Lot Details

  • 2,396 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,800 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03892-0010

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,455

Year Built

Built in 1920 | Remodeled in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1920
  • Year Built Effective: 2018
  • Attribution Contact: 718-798-1200
  • Co List Office Mls Id: ONEERAEMP
  • Co List Office Phone: 718-798-1200
  • Subdivision Name: Parkchester
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 8
  • Living Area: 3800
  • SquareFootage: 3800.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: Parkchester

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0550
  • Lot Size Sq Ft: 2396
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 03892-0010
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 5455
  • Tax Map Number: 03892-0010
  • 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
Mar 26, 2018
Closed on
Jul 26, 2018
Sold by
24 Asset Corp
Bought by
Islam Abu S and Islam Rosina N
Seller's Agent
Jakaria Saha
New Empire Real Estate Group
Buyer's Agent
Syed Kibria
New Empire Real Estate Group
List Price
$999,000
Sold Price
$750,000
Premium/Discount to List
-$249,000
-24.92%
Current Estimated Value
$1,015,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,712
Avg. Annual Appreciation
3.35%
Original Mortgage
$562,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2017
Sold by
Gelfand Henry
Bought by
24 Asset Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Islam Abu S $750,000 --
24 Asset Corp $474,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Islam Abu Sayd $591,500
Closed Islam Abu S $562,500
Previous Owner 24 Asset Corp $379,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $750,000 -24.9% $197 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $999,000 -- $263 / 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 $7,246 $38,244 $6,251 $31,993
2024 $7,246 $36,079 $6,754 $29,325
2023 $6,913 $34,038 $5,976 $28,062
2022 $6,411 $49,740 $9,660 $40,080
2021 $6,743 $40,380 $9,660 $30,720
2020 $6,746 $35,520 $9,660 $25,860
2019 $6,290 $35,520 $9,660 $25,860
2018 $5,782 $28,365 $9,170 $19,195
2017 $5,455 $26,760 $9,660 $17,100
2016 $5,338 $26,700 $9,660 $17,040
2015 -- $27,284 $7,946 $19,338
2014 -- $25,740 $8,580 $17,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4812186

OneKey® MLS

APN: 03892-0010