1991 Morris Ave Bronx, NY 10453
Mount Hope Neighborhood
8
Beds
3
Baths
3,280
Sq Ft
2,000
Sq Ft Lot
About This Home
As of June 2025Presenting 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
5 Boro Realty Corp Brokerage Phone: 855-305-3325 License #10401332996 Listed on: 03/11/2025
Last Buyer's Agent
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Original Mortgage
$950,000
Outstanding Balance
$950,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,392
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
14.22%
Similar Homes in Bronx, NY
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Home Values in the Area
Average Home Value in this Area
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 | $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
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
9 Total Sales
-
E
Seller's Agent in 2013
Ernest Vasquez
Champion NY Realty Inc.
Map
Source: OneKey® MLS
MLS Number: 833522
APN: 02829-0017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Copyright 2025 OneKey® MLS. All rights reserved.
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