$950,000
SOLD MAR 23, 2023

1964 Cross Bronx Expy Bronx, NY 10472

Unionport Neighborhood
12 Beds
3 Baths
3,285 Sq Ft
1,786 Sq Ft Lot

Recently Sold

$289 Per Sq Ft

5% Below List Price

106 Days on Market

Highlights

  • The property is located in a historic district
  • 5-minute walk to Parkchester
  • Property is near public transit
  • Clubhouse
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2025

A/O, showing for back-up. Price Drop!! Looking for an investment property in the heart of a Prime location? Spectacular opportunity to own a Massive brown brick 3-family home situated in the investors' dream neighborhood of Parkchester, The Bronx, New York City, with a promise of a consistent and progressive cash flow for an average investor. This neighborhood is awash and boasts of the most fantastic dine-out cuisines and shops in the Bronx with very high property values and is directly connected by most city buses, the #6 train, and the I-95 Throughway. Access the first floor through a polished vestibule that opens through a long and winding hallway, beautifully maintained and gleaming hardwood floor with 4 Bedrooms, livingroom/Dining with eat-in kitchen and a fully updated bathroom. A brief walk through a polished staircase introduces you to the 2nd floor which also features 4 bedrooms, livingroom/dining with kitchen and nicely kept bathroom. Unit 3 is sun-drenched and in superbly maintained condition, also with 4 bedrooms, a livingroom/dining, kitchen, and a beautifully kept bathroom. A trip downstairs brings you to a full basement, the Super's domain with a Pimped-out studio apartment and a huge, glammed-up bathroom, encased in an overall superbly maintained and functional basement with both rear and front entrances. Property also comes with a 2-car driveway located at the rear. Current total annual income is $84,660. Estimated annual expenses is $19,600. Net Operating income is $65,060. Projected income is $134,400 with a projected increase to $3,500 per apartment monthly. Super - $700 monthly. Zoning is R6. Call me!!

Last Agent to Sell the Property

Danny Agboh

Charles Rutenberg Realty, Inc. License #10301207017 Listed on: 10/06/2022

Charles Rutenberg Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,318

Year Built

  • Built in 1930 | Remodeled in 2021

Lot Details

  • 1,786 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,285 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • The property is located in a historic district

Utilities

  • No Cooling
  • 4 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Oil Water Heater
  • Municipal Trash
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03794-0044

Community Details

Recreation

  • Tennis Courts
  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Additional Features

  • 3 Units
  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,318

Year Built

Built in 1930 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Townhouse, Contemporary
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2021
  • Attribution Contact: 718-994-4002
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, High Speed Internet
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 12
  • Living Area: 3285.00
  • Square Footage: 3285.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Garbage Removal: Public
  • Heating: Natural Gas, Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone, Gas Stand Alone
  • Heating Zones: 4
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Clubhouse, Tennis Court(s), Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0400
  • Lot Size Area: 0.0400
  • Lot Size Sq Ft: 1786.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Level, Near Public Transit
  • Parcel Number: 03794-0044
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2023-03-23
  • Included in Taxes: Sewer, Trash, Water
  • Tax Annual Amount: 6318.00
  • Tax Map Number: 03794-0044

Multi Family

  • Units Total: 3
  • Four Bedrooms: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4

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
Apr 23, 2025
Closed on
Jul 29, 2025
Sold by
Shafi Ahsan
Bought by
Iqbal Mohammad
Seller's Agent
Albina Durgaj
RE/MAX Distinguished Hms.&Prop
Buyer's Agent
Umad Saeed
Voro LLC
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.49%
Original Mortgage
$918,750
Outstanding Balance
$918,750
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,456

Purchase Details

Listed on
Oct 6, 2022
Closed on
Mar 23, 2023
Sold by
Allmerica Holdings Management Corp
Bought by
Shafi Ahsan
Seller's Agent
Danny Agboh
Charles Rutenberg Realty, Inc.
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$388,585
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2017
Sold by
Hinds Dudley M
Bought by
Allmerica Holdings & Management Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2001
Sold by
Margulies Mollie
Bought by
Hinds Dudley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.89%
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 Type Sale Price Title Company
Deed $1,225,000 --
Deed $950,000 --
Deed $539,000 --
Bargain Sale Deed $215,000 The Judicial Title Ins Agenc
Bargain Sale Deed $215,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $918,750 Purchase Money Mortgage
Previous Owner $388,585 Purchase Money Mortgage
Previous Owner $365,000 New Conventional
Previous Owner $0 No Value Available
Previous Owner $193,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Sold $1,225,000 +2.1% $373 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $1,200,000 +26.3% $365 / Sq Ft
03/23/2023 03/23/23 Sold $950,000 0.0% $289 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
11/16/2022 11/16/22 Price Changed $950,000 -3.1% $289 / Sq Ft
10/26/2022 10/26/22 Price Changed $979,999 -1.9% $298 / Sq Ft
10/06/2022 10/06/22 For Sale $999,000 -- $304 / 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 $7,197 $37,979 $4,436 $33,543
2024 $7,197 $35,831 $4,914 $30,917
2023 $7,070 $34,814 $4,503 $30,311
2022 $6,557 $50,640 $7,800 $42,840
2021 $6,849 $41,100 $7,800 $33,300
2020 $6,699 $45,420 $7,800 $37,620
2019 $6,246 $40,200 $7,800 $32,400
2018 $5,914 $29,012 $5,977 $23,035
2017 $5,579 $27,370 $7,382 $19,988
2016 $5,422 $27,120 $7,800 $19,320
2015 $3,114 $26,374 $8,440 $17,934
2014 $3,114 $24,883 $8,237 $16,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6214106

OneKey® MLS

APN: 03794-0044