NOT LISTED FOR SALE

1729 Melville St Bronx, NY 10460

Van Nest Neighborhood

Estimated Value: $834,241 - $1,153,000

6 Beds
3 Baths
3,396 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $815,000 $240 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,808/month

24 Days on Market

Highlights

  • 0.06 Acre Lot
  • Wood Flooring
  • Formal Dining Room
  • Property is near public transit
  • Main Floor Bedroom
  • Patio

About This Home

As of June 2023

VACANT LEGAL 3 FAMILY with YARD, in Van Nest. Only a short walk to the 180th St. Subway HUB (#2 local & #5 express). Quick access for commuters working in Manhattan. The top floor consists 3BR's, an office/den, 1 full bath, a kitchen with a large pantry, and an enclosed sunroom with super sunlight! Great greenhouse space! The 2nd fl. has the same layout less 1 BR with steps leading to the yard. The ground level consists of a 1BR/1 bath with a new kitchen and stove, with egress to the front, the back yard and stairs leading to the 1st fl. common area. BRAND NEW DUNKIRK BOILER JUST INSTALLED! East access to the boiler room for the landlord form the inside ground level hall or through the back yard entrance. Voucher programs presently pay the following rents with only heat/hot water paid by the landlords; 3BR = $3,214; 2BR = 2,555; 1BR 2,225. Total GROSS POTENTIAL RENT for an investor is $7,994 or live in one unit and collect two rents. Full internal videos available.

Last Agent to Sell the Property

Gregory Tsougranis

Keller Williams Realty NYC Grp License #10301201886 Listed on: 03/24/2023

Keller Williams Realty NYC Grp

Last Buyer's Agent

Minhaj Sharif

Progress Realty Inc. License #40SH1171548

Progress Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1910

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Tri-Level Property
  • Shingle Siding
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 3,396 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Finished Basement

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 040190020

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,801

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1910
  • Village: Bronx
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Formal Dining, Pantry
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, See Remarks, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3396
  • SquareFootage: 3396.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Shingle Siding, Stone
  • Patio and Porch Features: Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 040190020
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 5801
  • Tax Map Number: 040190020
  • 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 24, 2023
Closed on
Jun 26, 2023
Sold by
Walters Flora L and Walters-Chavis Flora Lilybell
Bought by
Numan Tanvir and Raju Amadur R
Seller's Agent
Gregory Tsougranis
Keller Williams Realty NYC Grp
Buyer's Agent
Minhaj Sharif
Progress Realty Inc.
List Price
$799,000
Sold Price
$815,000
Premium/Discount to List
$16,000
2%
Views
166
Current Estimated Value
$1,000,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,810
Avg. Annual Appreciation
8.93%
Original Mortgage
$746,336
Outstanding Balance
$727,793
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,017

Purchase Details

Closed on
Nov 24, 1998
Sold by
Bronx Home Care Services Inc
Bought by
Iroh Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 1997
Sold by
Walters Flora L and Walters Frank
Bought by
Walters Flora L
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
Numan Tanvir $815,000 --
Iroh Jones $175,000 The Judicial Title Ins Agenc
Walters Flora L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Numan Tanvir $746,336
Previous Owner Iroh Jones $169,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $815,000 0.0% $240 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/06/2023 04/06/23 Off Market $815,000 -- --
03/24/2023 03/24/23 For Sale $799,000 -- $235 / 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 $6,392 $33,734 $6,521 $27,213
2024 $6,392 $31,825 $6,652 $25,173
2023 $6,098 $30,024 $5,533 $24,491
2022 $5,802 $49,980 $9,720 $40,260
2021 $6,116 $40,560 $9,720 $30,840
2020 $5,948 $35,100 $9,720 $25,380
2019 $5,548 $35,100 $9,720 $25,380
2018 $5,100 $25,020 $9,720 $15,300
2017 $4,937 $24,218 $8,056 $16,162
2016 $4,841 $24,218 $9,145 $15,073
2015 $2,756 $24,033 $9,945 $14,088
2014 $2,756 $22,674 $8,114 $14,560
Source: Public Records

Agents Affiliated with this Home

  • Gregory Tsougranis

    Seller's Agent in 2023

    Gregory Tsougranis

    Keller Williams Realty NYC Grp

    (845) 304-5745

    3 in this area

    81 Total Sales

    Gregory Tsougranis
    Section Image

  • M

    Buyer's Agent in 2023

    Minhaj Sharif

    Progress Realty Inc.

    (917) 702-2270

    4 in this area

    31 Total Sales

    Minhaj Sharif
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6239146

OneKey® MLS

APN: 04019-0020

New York Bronx County Bronx 10460 Van Nest

1729 Melville St, Bronx, NY

Not Listed for Sale

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