NOT LISTED FOR SALE

Estimated Value: $1,263,000 - $1,612,036

14 Beds
3 Baths
3,984 Sq Ft
$353/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $1,550,000 $389 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,856/month

400 Days on Market

Highlights

  • 0.05 Acre Lot
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of March 2024

OWNER FINANCING AVAILABLE. Large multi family in the Van Nest section providing 3,984 sq ft. Set up is a 5 bedroom apt/ 5 Bedroom/ 4 bedroom/ finished bsmt. The home is in good condition and provides tremendous upside with potential income of over $135,000 per yr. The home is a short distance to the E. 180th #2 & #5 train station, the Cross Bronx Expressway, Bronx River Pkwy, Bronx Zoo, and all your shopping needs on Morris Park Ave.

Last Agent to Sell the Property

Kenneth Fuentes

Keller Williams Realty NYC Grp Brokerage Phone: (718) 697-6800 License #10401214433 Listed on: 02/07/2023

Keller Williams Realty NYC Grp

Co-Listed By

Annecy Done

Keller Williams Realty NYC Grp Brokerage Phone: (718) 697-6800 License #10401276948

Last Buyer's Agent

Tripti Ghosh

LAFFEY REAL ESTATE License #30GH0814246

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 1901

Lot Details

  • 2,374 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • 3,984 Sq Ft Home

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 04021-0044

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,266

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (718) 697-6800
  • Co List Office Mls Id: ONEKWREAL
  • Co List Office Phone: 914-713-3270
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 14
  • Living Area: 3984
  • SquareFootage: 3984.00
  • SquareFootageSource: Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Baseboard
  • Sewer: 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: 0.05
  • Lot Size Sq Ft: 2374
  • Lot Size Units: Acres
  • Parcel Number: 04021-0044
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 6266
  • Tax Map Number: 04021-0044

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
Feb 7, 2023
Closed on
Mar 25, 2024
Sold by
Lizzie K Llc
Bought by
Eastern Royal Management Corporation
Seller's Agent
Kenneth Fuentes
Keller Williams Realty NYC Grp
Buyer's Agent
Kenneth Fuentes
Keller Williams Realty NYC Grp
List Price
$1,499,000
Sold Price
$1,550,000
Premium/Discount to List
$51,000
3.4%
Views
131
Current Estimated Value
$1,405,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,655
Avg. Annual Appreciation
-5.21%
Original Mortgage
$1,400,000
Outstanding Balance
$1,376,573
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$28,772

Purchase Details

Closed on
Dec 5, 2016
Sold by
Torres Margarita A
Bought by
Lizzie K Llc

Purchase Details

Closed on
Oct 25, 2012
Sold by
Torres Cesar I
Bought by
Torres Margarita A

Purchase Details

Closed on
Nov 13, 2001
Sold by
Torres Cesar
Bought by
Torres Cesar and Torres Margarita A

Purchase Details

Closed on
Dec 30, 1999
Sold by
Peguero Robert and Ruiz Nelly
Bought by
Torres Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,300
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1997
Sold by
Ginach Yoram
Bought by
Peguero Robert and Ruiz Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1996
Sold by
Citibank Na
Bought by
Ginach Yoram
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
Eastern Royal Management Corporation $1,550,000 --
Eastern Royal Management Corporation $1,550,000 --
Lizzie K Llc $720,000 --
Lizzie K Llc $720,000 --
Torres Margarita A -- --
Torres Margarita A -- --
Torres Cesar -- --
Torres Cesar -- --
Torres Cesar $292,500 Washington Title Insurance C
Torres Cesar $292,500 Washington Title Insurance C
Peguero Robert $230,000 --
Peguero Robert $230,000 --
Ginach Yoram $126,000 --
Ginach Yoram $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastern Royal Management Corporation $1,400,000
Closed Eastern Royal Management Corporation $1,400,000
Previous Owner Torres Cesar $286,300
Previous Owner Peguero Robert $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold $1,550,000 +3.4% $389 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $1,499,000 0.0% $376 / Sq Ft
02/13/2024 02/13/24 For Sale $1,499,000 -3.3% $376 / Sq Ft
02/06/2024 02/06/24 Off Market $1,550,000 -- --
12/11/2023 12/11/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $1,499,000 -- $376 / 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 $5,455 $31,288
2024 $6,962 $34,664 $4,998 $29,666
2023 $6,642 $32,704 $5,026 $27,678
2022 $6,159 $46,020 $8,400 $37,620
2021 $6,493 $42,360 $8,400 $33,960
2020 $6,481 $46,800 $8,400 $38,400
2019 $6,043 $42,780 $8,400 $34,380
2018 $5,258 $27,253 $6,027 $21,226
2017 $4,942 $25,712 $6,185 $19,527
2016 $4,830 $25,712 $6,428 $19,284
2015 $1,398 $25,516 $9,150 $16,366
2014 $1,398 $24,073 $7,436 $16,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6231470

OneKey® MLS

APN: 04021-0044