NOT LISTED FOR SALE
-- Bed
-- Bath
69,927 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: March 16, 2012

Last sale price $8,750,000 $125 Per Sq Ft

69 Days on Market

Highlights

  • 0.38 Acre Lot
  • Property is near public transit
  • Eat-In Kitchen
  • Chalet
  • Main Floor Bedroom
  • Park

About This Home

As of March 2012

Great Investment 71 Apts + 5-6 Stores in 6 Story Elevator Brick Building,corner of Wallace & Lydig in Pelham Parkway.LAYOUT:24-2 BRS + 36-1 BR + 9 LARGE STUDIOS + 2/1 RM STUDIOS,HARDWOOD Flrs.Full Walk-Out Bsmnt(Super & Porter reside)All Rent Stabilized-1 Rent Control. Total Rms 230.5 TOTAL. INCOME: $987,996.00. EXPENSES:TAXES 124,000;INSURANCE 31,500;WATER & SEWER 45,000;#6 Oil 51,000;Gas&Elect 14,200;REPAIRS & MAINT 50,000;SUPER & PORTER 42,000=EXPENSE $381,700.ESTIMATED NET PROFIT $606,296.00

Last Agent to Sell the Property

VICTORIA GJELAJ

Crowne Victoria Realty Sev LLC Brokerage Phone: 914-528-2001 License #31GJ0936487 Listed on: 01/06/2012

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $124,000

Year Built

  • Built in 1929

Lot Details

  • 16,509 Sq Ft Lot
  • No Common Walls
  • Back Yard Fenced
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • Chalet
  • Brick Exterior Construction

Interior Spaces

  • Main Floor Bedroom
  • 69,927 Sq Ft Home
  • Storage
  • Walk-Out Basement
  • Home Security System
  • Eat-In Kitchen

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Additional Features

  • ADA Inside
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04321-0005

Community Details

Overview

  • 71 Units

Recreation

  • Park

Building Details

  • 77 Separate Electric Meters
  • 77 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$124,000

Year Built

Built in 1929

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Chalet
  • Property SubType: Multi Family
  • Accessibility Features: ADA Inside
  • Year Built: 1929
  • Attribution Contact: 914-528-2001
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen, Storage
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Basement: Walk-Out Access
  • Living Area: 69927
  • SquareFootage: 69927.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Exterior Features: Sprinkler System

Garage/Parking

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

Utilities

  • Heating: Oil, Hot Water
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 1
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.38
  • Lot Dimensions: 0.3790
  • Lot Size Sq Ft: 16509
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04321-0005
  • Zoning Description: Commercial
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Fuel Expense: 5100
  • Units Total: 71
  • Separate Electric Meters: 77
  • Separate Gas Meters: 77
  • NumberOf1Bedrooms: 36
  • NumberOf2Bedrooms: 24

Tax Info

  • Tax Annual Amount: 124000
  • Tax Map Number: 04321-0005

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
Mar 16, 2012
Sold by
Bought by
Seller's Agent
VICTORIA GJELAJ
Crowne Victoria Realty Sev LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$9,000,000
Sold Price
$8,750,000
Premium/Discount to List
-$250,000
-2.78%

Purchase Details

Closed on
Nov 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,750,000 --
-- --
-- First American Title Ins Co
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $134,230
Open $336,414
Previous Owner $1,802,402
Previous Owner $473,778
Previous Owner $398,695
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $8,750,000 -2.8% $125 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $9,000,000 -- $129 / Sq Ft
Source: OneKey® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $225,956 $1,762,650 $98,550 $1,664,100
2025 $260,704 $1,807,650 $98,550 $1,709,100
2024 $260,704 $2,173,230 $98,550 $2,074,680
2023 $254,645 $2,075,850 $98,550 $1,977,300
2022 $263,206 $2,223,450 $98,550 $2,124,900
2021 $228,700 $1,864,350 $98,550 $1,765,800
2020 $252,935 $2,617,200 $98,550 $2,518,650
2019 $214,128 $2,594,700 $98,550 $2,496,150
2018 $185,054 $1,847,250 $98,550 $1,748,700
2017 $162,205 $1,754,550 $98,550 $1,656,000
2016 $141,589 $1,531,350 $98,550 $1,432,800
2015 $52,391 $1,157,400 $98,550 $1,058,850
2014 $52,391 $984,150 $98,550 $885,600
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: KEYH3200545

OneKey® MLS
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