$988,500
SOLD SEP 23, 2025
3 Beds
3 Baths
2,595 Sq Ft
2,742 Sq Ft Lot

Recently Sold

$381 Per Sq Ft

4% Below List Price

39 Days on Market

About This Home

As of September 2025

Discover a rare opportunity in the heart of the Morris Park area of the Bronx—a fully detached, LEGAL 3-FAMILY brick home offering incredible potential! Each unit features a spacious 1-bedroom apartment with its own private terrace. A large, fully finished attic provides extra space for storage or recreation. The property offers a generous yard, and a private attached 1-car garage. Just one block from the #2 and #5 trains and Bus #8 and #12, this home is perfectly located for commuters. With a little TLC, this gem can truly shine—don’t miss out, call today!

Last Agent to Sell the Property

Stephen Mele

Houlihan Lawrence Inc. License #10401292574 Listed on: 04/21/2025

Last Buyer's Agent

Abraham Fernandez

Serhant LLC License #10401371790

Serhant LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1940

Lot Details

  • 2,742 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 04331-0055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,872

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1940
  • Carport Y N: No
  • CurrentPrice: 988500.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 16295707.4722
  • CurrentPrice_By_BuildingAreaTotal: 380.92486
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Attached

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0629
  • Lot Size Sq Ft: 2742
  • Parcel Number: 04331-0055
  • Property Attached: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 2871.76
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2025
Closed on
Sep 23, 2025
Sold by
Praino Louis
Bought by
Pham Hong Hanh Thi and Truong Ryan
Seller's Agent
Stephen Mele
Houlihan Lawrence Inc.
Buyer's Agent
Abraham Fernandez
Serhant LLC
List Price
$1,025,000
Sold Price
$988,500
Premium/Discount to List
-$36,500
-3.56%
Views
29
Current Estimated Value
$983,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,556
Avg. Annual Appreciation
-1.43%
Original Mortgage
$620,000
Outstanding Balance
$619,448
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$364,496

Purchase Details

Closed on
Jun 5, 2020
Sold by
Pascoo Rachele and Praino Deceased
Bought by
Praino Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2017
Sold by
Pascoo Rachele and Praino Peter
Bought by
Praino Pierina

Purchase Details

Closed on
Jun 23, 2006
Sold by
Earl Paul and Earl Earl
Bought by
Edwards Nila

Purchase Details

Closed on
Sep 30, 1995
Sold by
Praino Pierina
Bought by
Praino Pierina and Praino Peter
Source: Public Records
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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 $988,500 --
Deed $360,000 --
Deed -- --
Deed $20,000 --
Deed $20,000 --
Deed -- First American Title Ins Co
Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 Purchase Money Mortgage
Previous Owner $504,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Sold $988,500 -3.6% $381 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $1,025,000 -- $395 / 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 $5,744 $45,360 $8,310 $37,050
2024 $5,744 $42,996 $8,140 $34,856
2023 $2,843 $42,398 $8,424 $33,974
2022 $2,636 $57,600 $10,860 $46,740
2021 $4,592 $50,160 $10,860 $39,300
2020 $8,001 $50,820 $10,860 $39,960
2019 $6,836 $44,040 $10,860 $33,180
2018 $2,942 $35,332 $8,572 $26,760
2017 $2,820 $34,006 $9,312 $24,694
2016 $2,716 $33,390 $9,940 $23,450
2015 $1,496 $31,500 $12,060 $19,440
2014 $1,496 $29,859 $11,884 $17,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: 850567

OneKey® MLS

APN: 04331-0055