NOT LISTED FOR SALE

1855 Edison Ave Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $887,000 - $990,000

5 Beds
2 Baths
2,572 Sq Ft
$365/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $900,000 $350 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,567/month

21 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Buhre Avenue
  • Porch
  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of January 2023

This well-loved brick two-family home in Pelham Bay is convenient to everything the Bronx has to offer. It is half a block to the # 6 Buhre Avenue station, the BXM8 Express Bus, restaurants, bakeries, banks, and pharmacies. While you can leave your car at home, if you decide to drive, you will have no parking worries with a two-car attached garage plus room for more. The first-floor 2-bedroom unit has an updated kitchen with granite countertops and an updated bathroom. The second-floor 3-bedroom unit has an updated bathroom. Both units have hardwood floors in many of the rooms. Hot water heater, boiler and oil tank were replaced in 2019. This is a wonderful opportunity to live in one unit and rent the other or to buy as an investment.

Last Agent to Sell the Property

Maureen Cross

Compass Greater NY, LLC License #30CR0822458 Listed on: 11/18/2022

Compass Greater NY, LLC

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,510

Year Built

  • Built in 1955

Lot Details

  • 2,396

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,572 Sq Ft Home
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Porch
  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 04193-0036

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,510

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1955
  • Attribution Contact: 914-738-5150
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2572.00
  • Square Footage: 2572.00

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 4.00
  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Description: Attached, 2 Car Attached, Driveway, Garage

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04193-0036
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2022-12-09

Tax Info

  • Close Date: 2023-01-23
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 7510.00
  • Tax Map Number: 04193-0036

Multi Family

  • Units Total: 2
  • Two Bedrooms: 1
  • Three Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

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
Nov 18, 2022
Closed on
Jan 23, 2023
Sold by
Remeny Jonathan V and Remeny Marisa A
Bought by
Mili Rasheda S and Ripon Shoriful I
Seller's Agent
Maureen Cross
Compass Greater NY, LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$849,999
Sold Price
$900,000
Premium/Discount to List
$50,001
5.88%
Views
43
Current Estimated Value
$937,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,789
Avg. Annual Appreciation
1.40%
Original Mortgage
$824,175
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mili Rasheda S $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mili Rasheda S $824,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2023 01/23/23 Sold $900,000 0.0% $350 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/09/2022 12/09/22 Off Market $900,000 -- --
11/18/2022 11/18/22 For Sale $849,999 -- $330 / 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 $8,017 $41,256 $6,482 $34,774
2024 $8,017 $39,917 $6,366 $33,551
2023 $8,099 $39,877 $6,983 $32,894
2022 $7,510 $48,900 $9,540 $39,360
2021 $7,669 $39,720 $9,540 $30,180
2020 $7,277 $34,380 $9,540 $24,840
2019 $6,959 $33,540 $9,540 $24,000
2018 $6,774 $33,231 $8,719 $24,512
2017 $6,391 $31,351 $8,378 $22,973
2016 $6,226 $31,145 $8,875 $22,270
2015 $3,567 $29,383 $9,388 $19,995
2014 $3,567 $27,720 $10,620 $17,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maureen Cross

    Compass Greater NY, LLC

    (914) 882-5334

    1 in this area

    11 Total Sales

    Maureen Cross
    Section Image

  • N

    Buyer's Agent in 2023

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6220609

OneKey® MLS

APN: 04193-0036

New York Bronx County Bronx 10461 Middletown-Pelham Bay

1855 Edison Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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