NOT LISTED FOR SALE

1610 Adams St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $876,945 - $1,136,000

9 Beds
3.5 Baths
2,874 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $620,000 $216 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,910/month

31 Days on Market

Highlights

  • Water Access
  • 4-minute walk to East 180 Street
  • Property is near public transit
  • 0.07 Acre Lot
  • Contemporary Architecture
  • Park

About This Home

As of May 2017

This is the multifamily home in the Bronx that you've been looking for!!!!! Great investment in the Van Nest area of the Bronx!!!!! Legal 3 Family!!!!! 3BR over 3BR over 3BR over a finished basement. Close to highways, public transportation and hospitals. Metro North planned close by to be completed in 2018. Projected income $7000/month, $84,000/year. Expenses as follows: real estate taxes $4989, Insurance $2500, Heating $4000, Electric $1000, Water and Sewer $1500, 5% management fee $4020. 10.4 cap rate. New Boiler!!! Needs nothing!!! Rare find!!! Can be delivered vacant!!!

Last Agent to Sell the Property

Demitrio Acot

New York Real Estate Experts Brokerage Phone: 914-920-2299 License #10301213634 Listed on: 03/03/2017

Co-Listed By

Ramanjit Dhanoa

New York Real Estate Experts Brokerage Phone: 914-920-2299 License #10491203953

Last Buyer's Agent

Jeffrie Peña

Locqube New York, Inc. License #10401261474

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1925

Lot Details

  • 2,874 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,874 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Water Access
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04018-0044

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,989

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Contemporary
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 914-920-2299
  • Co List Office Mls Id: ONENYREEX
  • Co List Office Phone: 914-920-2299
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Finished, Full
  • Total Bedrooms: 9
  • Living Area: 2874
  • Owner Pays: Insurance
  • SquareFootage: 2874.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Steam
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Gas Stand Alone
  • NumberOfHeatingZones: 1

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 4020
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 2874.0000
  • Lot Size Sq Ft: 2874
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 04018-0044
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 4000
  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3
  • NumberOf3Bedrooms: 3

Tax Info

  • Tax Annual Amount: 4989
  • Tax Map Number: 04018-0044
  • IncludedInTaxes: Sewer,Trash

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
Mar 3, 2017
Closed on
May 25, 2017
Sold by
Sanchez Jackeline
Bought by
Diabate Fatoumata Fofana and Kone Yacouba
Seller's Agent
Demitrio Acot
New York Real Estate Experts
Buyer's Agent
Jeffrie Peña
Locqube New York, Inc.
List Price
$649,000
Sold Price
$620,000
Premium/Discount to List
-$29,000
-4.47%
Current Estimated Value
$978,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,236
Avg. Annual Appreciation
4.83%
Original Mortgage
$599,307
Outstanding Balance
$501,402
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$414,410

Purchase Details

Closed on
Sep 24, 2011
Sold by
Rivera Cristina M and Rivera Josue
Bought by
Sanchez Jackeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,212
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2008
Sold by
Hsbc Bank Usa N A and Trustee For The Registered Holders
Bought by
Rivera Cristina M and Rivera Josue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Biaggi Jr Mario Esq
Bought by
Hsbc Bank Usa N A

Purchase Details

Closed on
Dec 29, 2004
Sold by
Smith Lynn
Bought by
Person William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,150
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Alcantara Robert and Alcantara Llina
Bought by
Smith Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,960
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1997
Sold by
66 Properties Corp
Bought by
Alcantara Robert and Alcantara Llina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1997
Sold by
Citibank Na
Bought by
66 Properties Corp
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
Diabate Fatoumata Fofana $620,000 --
Sanchez Jackeline $465,000 --
Rivera Cristina M $375,000 --
Hsbc Bank Usa N A $473,859 --
Person William $463,500 --
Smith Lynn -- --
Alcantara Robert $175,000 --
66 Properties Corp $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diabate Fatoumata Fofana $98,832
Open Diabate Fatoumata Fofana $599,307
Previous Owner Sanchez Jackeline $453,212
Previous Owner Rivera Cristina M $281,250
Previous Owner Person William $417,150
Previous Owner Person William $23,175
Previous Owner Smith Lynn $28,620
Previous Owner Smith Lynn $228,960
Previous Owner Alcantara Robert $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $620,000 -4.5% $216 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $649,000 -- $226 / 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 $6,962 $36,743 $6,230 $30,513
2024 $6,962 $34,664 $6,999 $27,665
2023 $6,642 $32,704 $6,140 $26,564
2022 $6,159 $41,280 $8,820 $32,460
2021 $6,493 $40,440 $8,820 $31,620
2020 $6,481 $43,260 $8,820 $34,440
2019 $6,043 $40,200 $8,820 $31,380
2018 $5,556 $27,253 $5,580 $21,673
2017 $5,241 $25,712 $7,227 $18,485
2016 $5,140 $25,712 $7,620 $18,092
2015 $2,926 $25,516 $9,081 $16,435
2014 $2,926 $24,073 $8,567 $15,506
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Demitrio Acot

    New York Real Estate Experts

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Ramanjit Dhanoa

    New York Real Estate Experts

    Section Image
  • Jeffrie Peña

    Buyer's Agent in 2017

    Jeffrie Peña

    Locqube New York, Inc.

    (917) 242-9882

    1 in this area

    57 Total Sales

    Jeffrie Peña
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY4708781

OneKey® MLS

APN: 04018-0044

New York Bronx County Bronx 10460 Van Nest

1610 Adams St, Bronx, NY

This home is located at 1610 Adams St, Bronx, NY 10460 since 03 March 2017 and is currently estimated at $978,236, approximately $340 per square foot. This property was built in 1925. 1610 Adams St is a home located in Bronx County with nearby schools including P.S. 083 The Donald Hertz School, Bronx Excellence 2, and Bronx Charter School For Excellence 2.

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