$1,249,000
$201K PRICE DROP

Estimated payment $7,013/month

Total Views 2,378
9 Beds
3 Baths
2,526 Sq Ft
$494 Price per Sq Ft

Highlights

  • 0.06 Acre Lot
  • 5-minute walk to Bedford Park Boulevard
  • Central Air
  • High Ceiling

About This Home

Prime opportunity to own a three-family property in the heart of the Bronx, located at 203 E 205th Street, Bronx, NY 10458. This spacious building features three full-floor apartments, each offering three generous bedrooms, providing excellent rental income potential. HVAC Split System for each apartment. The property includes an unfinished basement, ideal for storage or future customization, and is equipped with oil heating and three separate electric meters. Zoned R8, this property offers additional development possibilities for the savvy investor. Situated near both Norwood and Belmont Avenue, the location is unbeatable—just steps from shops, schools, restaurants, public transportation, and all neighborhood conveniences. A solid investment in a thriving area, this property is perfect for end users or investors alike looking to capitalize on strong rental demand in a highly sought-after location.

Listing Agent

Aileen Padilla

RE/MAX Boutique Realty License #10491208021 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,872

Year Built

  • Built in 1901

Home Design

  • Triplex
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Oil

Additional Features

  • High Ceiling
  • 2,682 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 03312-0046

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,872

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1901
  • Carport Y N: No
  • CurrentPrice: 1249000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.86138
  • ListPrice_By_LotSizeAcres: 20275974.0260
  • CurrentPrice_By_BuildingAreaTotal: 494.45764
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 9
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0616
  • Lot Size Sq Ft: 2682
  • Parcel Number: 03312-0046
  • Property Attached: Yes

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5872.28
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,872 $29,238 $6,878 $22,360
2024 $5,872 $29,237 $8,198 $21,039
2023 $5,879 $28,949 $7,055 $21,894
2022 $5,457 $46,980 $12,180 $34,800
2021 $5,429 $45,300 $12,180 $33,120
2020 $5,157 $44,340 $12,180 $32,160
2019 $3,784 $39,540 $12,180 $27,360
2018 $3,762 $24,124 $7,773 $16,351
2017 $3,956 $22,780 $10,368 $12,412
2016 $3,624 $21,496 $11,189 $10,307
2015 $2,184 $20,304 $9,401 $10,903
2014 $2,184 $20,304 $9,078 $11,226
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 Price Changed $1,249,000 -0.1% $494 / Sq Ft
09/05/2025 09/05/25 Price Changed $1,250,000 -9.1% $495 / Sq Ft
07/30/2025 07/30/25 Price Changed $1,375,000 -5.2% $544 / Sq Ft
06/19/2025 06/19/25 For Sale $1,450,000 0.0% $574 / Sq Ft
12/11/2024 12/11/24 Off Market $1,950 -- --
12/15/2019 12/15/19 Rented $1,950 -1.3% --
12/02/2019 12/02/19 Price Changed $1,975 -1.3% $2 / Sq Ft
12/01/2019 12/01/19 Price Changed $2,000 -2.4% $2 / Sq Ft
11/14/2019 11/14/19 Price Changed $2,050 -1.2% $2 / Sq Ft
11/11/2019 11/11/19 For Rent $2,075 -1.0% --
11/11/2019 11/11/19 Rented $2,095 0.0% --
10/02/2019 10/02/19 Price Changed $2,095 -0.2% $2 / Sq Ft
09/29/2019 09/29/19 Price Changed $2,100 -6.7% $2 / Sq Ft
09/24/2019 09/24/19 Price Changed $2,250 -4.3% $3 / Sq Ft
09/17/2019 09/17/19 For Rent $2,350 -- --
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed $500,000 --
Deed $500,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $414,754 Purchase Money Mortgage
Previous Owner $183,750 New Conventional
Previous Owner $450,000 New Conventional
Source: Public Records

Source: OneKey® MLS

MLS Number: 879969

OneKey® MLS

APN: 03312-0046