NOT LISTED FOR SALE

1622 Crosby Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $924,607 - $1,065,000

2 Beds
4 Baths
3,252 Sq Ft
$307/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $736,000 $226 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,102/month

35 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Buhre Avenue
  • Hot Water Heating System
  • Window Unit Cooling System

About This Home

As of August 2018

Turn key operation, Lovely Brick Building that supports a Doctors office on first floor with two examining rooms, office, reception area, waiting area, bathroom, storage room. Full finished basement for storage Upstairs large two bedroom apartment, with large dining room , living room, full bath, new appliances in kitchen, porch 'Zoned Community Usage' allows medical type business and residential use of property, or convert back to a multi-family bldg, heart of the booming bronx area..AO currently no more showing

Last Agent to Sell the Property

kris glaser

Century 21 Elite Realty Brokerage Phone: 914-345-3550 License #10301214741 Listed on: 04/11/2018

Century 21 Elite Realty

Last Buyer's Agent

George Zhun Zhang

B Square Realty License #10301217166

B Square Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,549

Year Built

  • Built in 1925

Lot Details

  • 2,500 Sq Ft Lot
  • Property fronts an easement
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,252 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04168-0017

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,549

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1925
  • Attribution Contact: 914-345-3550
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Full, See Remarks
  • Total Bedrooms: 2
  • Living Area: 3252
  • SquareFootage: 3252.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: 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 Area: 0.06
  • Lot Dimensions: 0.0574
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Easement, Near Public Transit
  • Parcel Number: 04168-0017
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 1

Tax Info

  • Tax Annual Amount: 5549
  • Tax Map Number: 04168-0017
  • 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

Closed on
Nov 1, 2018
Sold by
Cao Yi Nian and Diliu Wen Di
Bought by
Liu Xin Wei
Current Estimated Value
$997,402

Purchase Details

Listed on
Apr 11, 2018
Closed on
Aug 14, 2018
Sold by
1622 Crosby Ave Inc
Bought by
Cao Yi Nian and Diliu Wen Di
Seller's Agent
kris glaser
Century 21 Elite Realty
Buyer's Agent
George Zhun Zhang
B Square Realty
List Price
$615,000
Sold Price
$736,000
Premium/Discount to List
$121,000
19.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$420,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Menon Chandra S and Menon Estelle G
Bought by
1622 Crosby Ave Inc

Purchase Details

Closed on
Oct 27, 1997
Sold by
Torricelli Maria
Bought by
Menon Chandra S and Menon Estelle G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
7.14%
Mortgage Type
Commercial
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
Liu Xin Wei -- --
Liu Xin Wei -- --
Cao Yi Nian $736,000 --
Cao Yi Nian $736,000 --
1622 Crosby Ave Inc -- --
1622 Crosby Ave Inc -- --
Menon Chandra S $247,000 Commonwealth Land Title Ins
Menon Chandra S $247,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xin Wei $435,000
Previous Owner Cao Yi Nian $420,000
Previous Owner Menon Chandra S $172,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $736,000 +19.7% $226 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $615,000 -- $189 / 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 $8,523 $44,983 $14,176 $30,807
2024 $8,523 $42,437 $13,949 $28,488
2023 $8,619 $42,437 $11,993 $30,444
2022 $8,093 $51,300 $15,600 $35,700
2021 $8,143 $47,220 $15,600 $31,620
2020 $8,129 $43,080 $15,600 $27,480
2019 $6,025 $38,820 $15,600 $23,220
2018 $5,871 $28,800 $13,892 $14,908
2017 $5,549 $27,220 $13,769 $13,451
2016 $5,134 $25,680 $15,600 $10,080
2015 $3,781 $25,440 $13,780 $11,660
2014 $3,781 $24,000 $15,600 $8,400
Source: Public Records

Agents Affiliated with this Home

  • kris glaser

    Seller's Agent in 2018

    kris glaser

    Century 21 Elite Realty

    (914) 469-3022

    9 Total Sales

    kris glaser
    Section Image

  • G

    Buyer's Agent in 2018

    George Zhun Zhang

    B Square Realty

    (917) 609-8251

    4 in this area

    65 Total Sales

    George Zhun Zhang
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4537901

OneKey® MLS

APN: 04168-0017

New York Bronx County Bronx 10461 Middletown-Pelham Bay

1622 Crosby Ave, Bronx, NY

This home is located at 1622 Crosby Ave, Bronx, NY 10461 since 11 April 2018 and is currently estimated at $997,402, approximately $306 per square foot. This property was built in 1925. 1622 Crosby Ave is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and St. Theresa School.

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