NOT LISTED FOR SALE

1968 Bathgate Ave Bronx, NY 10457

East Tremont Neighborhood

Estimated Value: $1,290,066 - $1,404,000

9 Beds
4 Baths
2,550 Sq Ft
$529/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $1,189,850 $467 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,912/month

233 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of August 2022

4 FAMILY BRICK HOUSE FOR SALE. THERE ARE (2) VACANT APARTMENTS which owner will consider keeping vacant if buyer requests. The other2 apartments are RENTED. GUT RENOVATED in 2018. 4 boilers/4 hot water tanks/4 gas meters/5 electric meters. This investment property features 11 bedrooms/4 baths and all tenants are current. Three apartments feature 3 bedrooms and the first floor unit is a 2 bedroom. The top floor apartment is a large/open concept and one of the VACANTS. A MUST SEE GEM as it generates a high cash flow and all tenants pay for heat and utilities! Do not disturb tenants. Easy to show.

Last Agent to Sell the Property

Diane Cerino

EXIT Realty Private Client License #10301213537 Listed on: 08/25/2021

EXIT Realty Private Client

Last Buyer's Agent

Cayce Ortale

eRealty Advisors, Inc License #10401291779

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,112

Year Built

  • Built in 1931 | Remodeled in 2018

Lot Details

  • 1,385 Sq Ft Lot
  • Two or More Common Walls

Parking

  • On-Street Parking

Home Design

  • 2,550 Sq Ft Home
  • Tri-Level Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • 5 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 03044-0052

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,112

Year Built

Built in 1931 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Year Built: 1931
  • Year Built Effective: 2018
  • Attribution Contact: 914-222-1000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Living Area: 2550.00
  • Square Footage: 2550.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Heating Zones: 5
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0300
  • Lot Size Sq Ft: 1385.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 03044-0052
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2022-08-09
  • Included in Taxes: Trash
  • Tax Annual Amount: 9112.00
  • Tax Map Number: 03044-0052

Multi Family

  • Units Total: 4
  • 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
Aug 25, 2021
Closed on
Aug 9, 2022
Sold by
R A Development Group Llc
Bought by
Joseph Pierre -Andre and Ortale Cayce C
Seller's Agent
Diane Cerino
EXIT Realty Private Client
Buyer's Agent
Cayce Ortale
eRealty Advisors, Inc
List Price
$1,250,000
Sold Price
$1,189,850
Premium/Discount to List
-$60,150
-4.81%
Current Estimated Value
$1,349,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,667
Avg. Annual Appreciation
3.71%
Original Mortgage
$1,149,800
Outstanding Balance
$1,095,868
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,649

Purchase Details

Closed on
Jan 8, 2018
Sold by
1968 Bathgate Group Inc
Bought by
R A Development Group Llc

Purchase Details

Closed on
Jul 22, 2016
Sold by
U S Bank National Association As Truste and % Ocwen Loan Servicing Llc
Bought by
1968 Bathgate Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Susan I Lubowitz Esq
Bought by
U S Bank National Association As Truste

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Gordon Ava and Gordon Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,150
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Washington Mutual Bank F A
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 7, 1999
Sold by
3 Expressway Plaza Corp
Bought by
Acosta Adrian and Mendez Jean Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,119
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1999
Sold by
Lochard Martha
Bought by
Three Expressway Plaza Inc
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
Joseph Pierre -Andre $1,189,850 --
Joseph Pierre -Andre $1,189,850 --
R A Development Group Llc $400,000 --
R A Development Group Llc $400,000 --
1968 Bathgate Group Inc $210,344 --
1968 Bathgate Group Inc $210,344 --
U S Bank National Association As Truste $660,365 --
U S Bank National Association As Truste $660,365 --
Gordon Ava $459,900 --
Gordon Ava $459,900 --
Secretary Of Housing & Urban Development -- --
Secretary Of Housing & Urban Development -- --
Acosta Adrian $230,000 L I Title
Acosta Adrian $230,000 L I Title
Three Expressway Plaza Inc $147,000 Long Island Title Agency
Three Expressway Plaza Inc $147,000 Long Island Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Pierre -Andre $1,149,800
Closed Joseph Pierre -Andre $1,149,800
Previous Owner 1968 Bathgate Group Inc $200,000
Previous Owner Gordon Ava $390,150
Previous Owner Acosta Adrian $228,119
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $1,189,850 -0.4% $467 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
02/28/2022 02/28/22 Price Changed $1,195,000 -0.3% $469 / Sq Ft
01/12/2022 01/12/22 Price Changed $1,199,000 -4.1% $470 / Sq Ft
01/07/2022 01/07/22 For Sale $1,250,000 +5.1% $490 / Sq Ft
12/31/2021 12/31/21 Off Market $1,189,850 -- --
12/30/2021 12/30/21 For Sale $1,250,000 +5.1% $490 / Sq Ft
11/10/2021 11/10/21 Off Market $1,189,850 -- --
09/09/2021 09/09/21 Price Changed $1,250,000 -7.4% $490 / Sq Ft
08/25/2021 08/25/21 For Sale $1,350,000 -- $529 / 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 $10,696 $90,819 $14,814 $76,005
2024 $10,696 $85,552 $11,712 $73,840
2023 $10,472 $85,368 $10,280 $75,088
2022 $9,671 $227,700 $31,050 $196,650
2021 $0 $182,160 $31,050 $151,110
2020 $8,714 $176,850 $31,050 $145,800
2019 $8,300 $147,420 $31,050 $116,370
2018 $8,370 $65,809 $16,633 $49,176
2017 $6,300 $49,536 $31,142 $18,394
2016 $5,913 $45,869 $30,639 $15,230
2015 $3,839 $42,472 $30,011 $12,461
2014 $3,839 $39,356 $27,809 $11,547
Source: Public Records

Agents Affiliated with this Home

  • Diane Cerino

    Seller's Agent in 2022

    Diane Cerino

    EXIT Realty Private Client

    (646) 302-0533

    1 in this area

    21 Total Sales

    Diane Cerino
    Section Image

  • C

    Buyer's Agent in 2022

    Cayce Ortale

    eRealty Advisors, Inc

    (615) 364-1125

    1 in this area

    54 Total Sales

    Cayce Ortale
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6138214

OneKey® MLS

APN: 03044-0052

New York Bronx County Bronx 10457 East Tremont

1968 Bathgate Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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