NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,266,459

9 Beds
6 Baths
4,056 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $1,100,000 $271 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,676/month

5 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Balcony
  • Window Unit Cooling System

About This Home

As of March 2024

Welcome to this meticulously maintained multi-family residence nestled in the heart of the Bronx, offering an unparalleled opportunity for both investors and homeowners alike. Spanning over three levels, each unit within this remarkable property boasts 3 generously sized bedrooms and 2 full bathrooms, making it an ideal choice for families or savvy investors looking for substantial rental income. Each level of this home features a self-contained unit with 3 bedrooms and 2 bathrooms, providing ample space for comfortable living. The layout is perfect for multi-generational families or for renting out to maximize your investment. Revel in the timeless elegance and easy maintenance of hardwood floors that grace parts of this home, adding warmth and character to each room. Comfort and air circulation year-round with ceiling fans in key areas. A highly coveted feature in New York, this property includes a driveway that offers off-street parking, adding convenience and security for residents and guests. Situated in a vibrant and sought-after Bronx neighborhood, and conveniently located near schools, parks, shopping, dining, and public transportation options, making it an attractive place to live for commuters and families alike. This home presents a rare blend of spacious living, modern conveniences, and strategic location. Whether you're looking to occupy one unit and rent out the others or invest in a property with strong rental demand, this multi-family home is a perfect choice. Don't miss out on the chance to own this exceptional property in one of the Bronx's most desirable areas!

Last Agent to Sell the Property

Rupinder Singh

Iconic Pros Brokerage Phone: 914-488-6949 License #10401279799 Listed on: 02/27/2024

Last Buyer's Agent

Rupinder Singh

Iconic Pros Brokerage Phone: 914-488-6949 License #10401279799 Listed on: 02/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,678

Year Built

  • Built in 1994

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 4,056 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • 6 Full Bathrooms

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04127-0019

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

$10,678

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 1994
  • Attribution Contact: 914-488-6949
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Pantry
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Living Area: 4056
  • SquareFootage: 4056.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Exterior Features: Balcony

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04127-0019
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 10678
  • Tax Map Number: 04127-0019
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 22, 2024
Sold by
Balchand Shalefa and Balchand Vishnu
Bought by
Saeed Umad
Seller's Agent
Rupinder Singh
Iconic Pros
Buyer's Agent
Rupinder Singh
Iconic Pros
List Price
$1,100,000
Sold Price
$1,100,000
Total Days on Market
5
Views
13
Current Estimated Value
$1,214,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,615
Avg. Annual Appreciation
8.46%
Original Mortgage
$880,000
Outstanding Balance
$869,307
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$345,308

Purchase Details

Closed on
Oct 27, 2017
Sold by
Daniel Carillo Living Trust and Stephanie Carillo Successor Trustee
Bought by
Balchand Shalefa and Balchand Vijay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2005
Sold by
Carillo Daniel Mr
Bought by
Carillo Daniel and Dated September 13 2005
Source: Public Records

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Range of Values:

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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
Saeed Umad $1,100,000 --
Saeed Umad $1,100,000 --
Balchand Shalefa $925,000 --
Balchand Shalefa $925,000 --
Carillo Daniel -- --
Carillo Daniel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saeed Umad $880,000
Closed Saeed Umad $880,000
Previous Owner Balchand Shalefa $693,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $1,100,000 0.0% $271 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/27/2024 02/27/24 Off Market $1,100,000 -- --
02/27/2024 02/27/24 For Sale $1,100,000 -- $271 / 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 $10,678 $53,568 $8,778 $44,790
2024 $10,678 $53,165 $10,092 $43,073
2023 $10,186 $50,156 $11,015 $39,141
2022 $9,446 $66,540 $13,440 $53,100
2021 $9,394 $67,620 $13,440 $54,180
2020 $9,449 $61,620 $13,440 $48,180
2019 $9,268 $56,040 $13,440 $42,600
2017 $5,254 $39,432 $11,591 $27,841
2016 $3,608 $37,200 $13,440 $23,760
2015 $721 $39,060 $14,940 $24,120
2014 $721 $39,060 $14,940 $24,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6291763

OneKey® MLS

APN: 04127-0019