$950,000
SOLD JUN 10, 2025

1991 Morris Ave Bronx, NY 10453

Mount Hope Neighborhood
8 Beds
3 Baths
3,280 Sq Ft
2,000 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

14% Below List Price

64 Days on Market

About This Home

As of June 2025

Presenting a fantastic investment opportunity at 1991 Morris Ave, a spacious three-family property offering a total building size of 3,280 sqft. Located in a prime area, this property consists of three well-maintained units, providing both comfort and income potential.Unit Breakdown:First and Second Floors: Each unit features 3 generous bedrooms, providing ample space for families or tenants seeking comfortable living arrangements.Walk-In Unit (Ground Floor): A cozy 2-bedroom unit, perfect for tenants who prefer easy access and convenience.Income Potential: This multi-family home is currently generating a monthly rental income of $7,795, making it an excellent source of steady cash flow. Whether you are looking to live in one unit and rent out the others, or prefer a fully income-generating property, 1991 Morris Ave offers incredible value.Key Features:Total Building Size: 3,280 sqftThree units: 2 units with 3 bedrooms and 1 walk-in unit with 2 bedroomsCurrent Monthly Rental Income: $7,795Ideal for investors or owner-occupiersThis property is not only a great addition to any real estate portfolio but also offers a prime location with easy access to nearby amenities, schools, and transportation.

Last Agent to Sell the Property

Natalie Efraimov

5 Boro Realty Corp Brokerage Phone: 855-305-3325 License #10401332996 Listed on: 03/11/2025

Last Buyer's Agent

Natalie Efraimov

5 Boro Realty Corp Brokerage Phone: 855-305-3325 License #10401332996 Listed on: 03/11/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1899

Interior Spaces

  • 3,280 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Schools

  • Grant Avenue Elementary School
  • Bronx Writing Academy Middle School
  • Bronx High School For Medical Science

Additional Features

  • 2,000 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 02829-0017

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,837

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Other
  • Property SubType: Townhouse
  • Year Built: 1899
  • Attribution Contact: 855-305-3325
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Other
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 8
  • Living Area: 3280
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Other
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Bronx Writing Academy

Lot Info

  • Lot Size Acres: 0.0459
  • Lot Size Sq Ft: 2000
  • Building Area Total: 3280
  • Parcel Number: 02829-0017
  • Property Attached: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 4836.68
  • Tax Year: 2024

MLS Schools

  • Elementary School: Grant Avenue Elementary School
  • High School: Bronx High School For Medical Science
  • Middle School District: Bronx 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Jun 10, 2025
Sold by
Moshe 26 Llc
Bought by
Z Capital Territory Llc
Seller's Agent
Natalie Efraimov
5 Boro Realty Corp
Buyer's Agent
Natalie Efraimov
5 Boro Realty Corp
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
56
Current Estimated Value
$949,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$252
Avg. Annual Appreciation
0.56%
Original Mortgage
$193,750
Outstanding Balance
$193,750
Interest Rate
6.84%
Mortgage Type
Unknown
Estimated Equity
$757,642

Purchase Details

Closed on
Mar 18, 2022
Sold by
Ely Bapaz Equities Llc
Bought by
Moshe 26 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2019
Sold by
Ely Bapaz Equities Llc
Bought by
Moshe 26 Llc

Purchase Details

Closed on
Mar 24, 2017
Sold by
2209 Light Street Inc
Bought by
Ely Bapaz Equities Llc

Purchase Details

Closed on
Sep 12, 2014
Sold by
Ely Bapaz Equities Llc
Bought by
2209 Light Street Inc

Purchase Details

Listed on
Nov 1, 2013
Closed on
Oct 18, 2013
Sold by
Jones Bennie
Bought by
Ely Bapaz Equities Llc
Seller's Agent
Ernest Vasquez
Champion NY Realty Inc.
Buyer's Agent
Ernest Vasquez
Champion NY Realty Inc.
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $950,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $145,000 --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,750 Unknown
Open $950,000 Purchase Money Mortgage
Previous Owner $566,000 Purchase Money Mortgage
Previous Owner $552,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $118,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $950,000 -13.6% $290 / Sq Ft
03/11/2025 03/11/25 For Sale $1,100,000 +450.0% $335 / Sq Ft
11/14/2013 11/14/13 Sold $200,000 -20.0% $64 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
11/01/2013 11/01/13 For Sale $250,000 -- $80 / 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 $4,837 $24,791 $4,216 $20,575
2024 $4,837 $24,081 $4,331 $19,750
2023 $4,614 $22,718 $4,726 $17,992
2022 $3,292 $45,540 $9,000 $36,540
2021 $4,397 $41,700 $9,000 $32,700
2020 $4,373 $40,740 $9,000 $31,740
2019 $4,297 $37,200 $9,000 $28,200
2018 $4,084 $20,032 $6,145 $13,887
2017 $1,674 $8,210 $4,578 $3,632
2016 $1,551 $7,761 $4,449 $3,312
2015 $714 $7,761 $2,889 $4,872
2014 $714 $7,663 $2,903 $4,760
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2025

    Natalie Efraimov

    5 Boro Realty Corp

    (646) 821-0414

    1 in this area

    11 Total Sales

    Natalie Efraimov
    Section Image

  • E

    Seller's Agent in 2013

    Ernest Vasquez

    Champion NY Realty Inc.

    Section Image
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Map

Source: OneKey® MLS

MLS Number: 833522

OneKey® MLS

APN: 02829-0017

New York Bronx County Bronx 10453 Mount Hope

1991 Morris Ave, Bronx, NY

This home is located at 1991 Morris Ave, Bronx, NY 10453 and is currently priced at $950,000, approximately $289 per square foot. This property was built in 1899. 1991 Morris Ave is a home located in Bronx County with nearby schools including P.S. 28 Mount Hope, I.S. 117 Joseph H. Wade, and St Margaret Mary School.

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