NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,477,000

12 Beds
3 Baths
3,512 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $999,000 $284 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,653/month

72 Days on Market

Highlights

  • 0.09 Acre Lot
  • Eat-In Kitchen
  • Park
  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • 1-minute walk to Peace Park

About This Home

As of August 2024

GREAT opportunity to develop this HUGE 3 family home into 6+ units. This property is R7 zoning with a FAR of 3.44 (It does have 30 feet in the back of the property) and can make a great investment property as it's location is attractive for prospective tenants since the property is walking distance from: shops, schools, the local hospital, restaurants, and just steps away from the I-95. This property is also being sold with an attached like on the left that is currently generating income as it is being used for parking. It also can be sold as a package with 1742 Monroe Avenue (MLS#: 6257619). Additional Information: HeatingFuel:Oil Above Ground, BuildingAreaSource: Other, ParkingFeatures: On Street,

Last Agent to Sell the Property

Elvis Gonzalez

Fave Realty Inc. Brokerage Phone: (516) 519-8049 License #10401287727 Listed on: 06/30/2023

Fave Realty Inc.

Co-Listed By

Jhoanny Duran

Fave Realty Inc Brokerage Phone: (516) 519-8049 License #10401325781

Last Buyer's Agent

Elvis Gonzalez

Fave Realty Inc. Brokerage Phone: (516) 519-8049 License #10401287727 Listed on: 06/30/2023

Fave Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 1901

Lot Details

  • 3,920 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Parking

  • Public Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil

Additional Features

  • Eat-In Kitchen
  • Basement Fills Entire Space Under The House
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02798-0009

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,368

Year Built

Built in 1901

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: (516) 519-8049
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, See Remarks
  • Total Bedrooms: 12
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick, Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None, Off Street, Other, Public Parking

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Oil, Other, See Remarks
  • Sewer: Public Sewer, Other
  • Water Source: Public, See Remarks
  • GarbageRemoval: Other
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.09
  • Parcel Number: 02798-0009
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, See Remarks

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf4Bedrooms: 3

Tax Info

  • Tax Annual Amount: 3368
  • Tax Map Number: 02798-0009

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2025
Sold by
1744 Monroe Bx Llc
Bought by
1744 Monroe Ave Llc
Current Estimated Value
$1,234,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,050,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$184,000

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 1, 2024
Sold by
Pena Gilberto and Pena Maria
Bought by
1744 Monroe Bx Llc
Seller's Agent
Elvis Gonzalez
Fave Realty Inc.
Buyer's Agent
Elvis Gonzalez
Fave Realty Inc.
List Price
$1,500,000
Sold Price
$999,000
Premium/Discount to List
-$501,000
-33.4%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$2,100,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
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
1744 Monroe Ave Llc -- --
1744 Monroe Bx Llc $1,540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1744 Monroe Ave Llc $1,050,000
Previous Owner 1744 Monroe Bx Llc $2,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $999,000 0.0% $284 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
07/28/2023 07/28/23 Off Market $999,000 -- --
07/01/2023 07/01/23 For Sale $1,500,000 -- $427 / Sq Ft
Source: OneKey® MLS

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 $3,619 $14,784 $2,038 $12,746
2024 $3,619 $18,019 $5,167 $12,852
2023 $3,631 $17,879 $5,227 $12,652
2022 $3,368 $52,440 $16,980 $35,460
2021 $3,350 $45,780 $16,980 $28,800
2020 $3,179 $47,100 $16,980 $30,120
2019 $3,141 $42,360 $16,980 $25,380
2018 $3,037 $14,899 $5,585 $9,314
2017 $2,866 $14,058 $6,859 $7,199
2016 $2,651 $13,263 $6,562 $6,701
2015 $1,380 $12,514 $5,562 $6,952
2014 $1,380 $12,514 $4,786 $7,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6257616

OneKey® MLS

APN: 02798-0009

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