NOT LISTED FOR SALE

1888 Westchester Ave Bronx, NY 10472

Unionport Neighborhood

Estimated Value: $18,858,736

-- Bed
-- Bath
12,400 Sq Ft
$1,521/Sq Ft Est. Value

About This Home

This home is located at 1888 Westchester Ave, Bronx, NY 10472 and is currently estimated at $18,858,736, approximately $1,520 per square foot. 1888 Westchester Ave is a home located in Bronx County with nearby schools including The Dr Emmett W. Bassett School, St Helena School, and Holy Family School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Westchester 1888 Owner Llc and % : Rockfeld Group
Bought by
Westchester 1888 Llc
Current Estimated Value
$18,858,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,050,000
Outstanding Balance
$5,379,620
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$13,366,989

Purchase Details

Closed on
Jun 22, 2018
Sold by
188 West Llc
Bought by
Westchester 1888 Owner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,391,622
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2005
Sold by
Duane Reade Realty Inc
Bought by
1888 Westchester Ave Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2002
Sold by
Parchester Rb Associates Llc
Bought by
Duane Reade Realty Inc

Purchase Details

Closed on
Apr 11, 2001
Sold by
Emigrant Svgs Bank
Bought by
Parkchester Rb Associates Llc

Purchase Details

Closed on
Jan 6, 1994
Sold by
Federal Deposit Insurance Corporation
Bought by
Emigrant Svgs Bank
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Westchester 1888 Llc -- --
Westchester 1888 Llc -- --
Westchester 1888 Owner Llc $12,280,000 --
Westchester 1888 Owner Llc $12,280,000 --
1888 Westchester Ave Corp $7,225,000 --
1888 Westchester Ave Corp $7,225,000 --
Duane Reade Realty Inc -- --
Duane Reade Realty Inc -- --
Parkchester Rb Associates Llc $1,600,000 First American Title
Parkchester Rb Associates Llc $1,600,000 First American Title
Emigrant Svgs Bank $610,832 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westchester 1888 Llc $6,050,000
Open Westchester 1888 Llc $18,200,000
Closed Westchester 1888 Llc $6,050,000
Previous Owner Westchester 1888 Owner Llc $3,391,622
Previous Owner Westchester 1888 Owner Llc $7,025,000
Previous Owner Westchester 1888 Owner Llc $3,181,031
Previous Owner Westchester 1888 Owner Llc $1,943,969
Previous Owner 188 West Llc $23,484
Previous Owner 1888 Westchester Ave Corp $5,000,000
Previous Owner Parkchester Rb Associate $1,600,000
Source: Public Records

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 $514,059 $5,352,780 $450,000 $4,902,780
2024 $514,059 $4,853,280 $450,000 $4,403,280
2023 $477,490 $4,485,154 $450,000 $4,035,154
2022 $377,839 $3,513,150 $450,000 $3,063,150
2021 $438,420 $4,134,150 $450,000 $3,684,150
2020 $395,002 $4,009,500 $450,000 $3,559,500
2019 $360,594 $4,009,500 $450,000 $3,559,500
2018 $328,412 $4,013,550 $450,000 $3,563,550
2017 $287,439 $3,920,850 $450,000 $3,470,850
2016 $273,327 $3,920,850 $450,000 $3,470,850
2015 $96,284 $2,444,400 $450,000 $1,994,400
2014 $96,284 $2,479,050 $450,000 $2,029,050
Source: Public Records

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