NOT LISTED FOR SALE
1 Bed
1 Bath
56,848 Sq Ft
1.93 Acre Lot

Sale Details

Date Sold: November 25, 2024

Last sale price $24,000,000 $422 Per Sq Ft

280 Days on Market

Highlights

  • 1.93 Acre Lot
  • 4-minute walk to Bronxville Station
  • Park
  • Bronxville Elementary School Rated A
  • Property is near public transit
  • 3-minute walk to Sagamore Road Playground

About This Home

As of November 2024

Prescott Square Realty is a 40 unit multi-family residential complex in the Village of Bronxville operated by the fourth generation of a family which has been its steward for 100 years. It sits at the corner of Prescott Avenue and Sagamore Road on the east side of the Metro North railroad line, making for a very friendly walk to the Bronxville schools, shopping district and train depot. Development occurred at the tail-end of a broad wave of apartment building and townhouse construction that took place during the first three decades of the 20th century up and down Sagamore Road. The property directly abuts one of the most beautiful single family home neighborhoods found on the East coast: Bronxville's Hilltop. There are 28 units in a six-story, prewar Tudor apartment building, as well as 10 four-bedroom/two-bath townhouses, and 2 single family homes. There are 14 garages and 8 outdoor assigned parking spaces rented to residents. The remaining 13 outdoor spaces are assigned to the townhouse and single family residents. The Village tax rolls have the property broken down into six separate parcels spanning 1.93 acres within its four boundaries. All six parcels are zoned Residence C - Three-Story Multiple Residence. No partial sales. No seller financing. No 1031s. BuildingAreaSource: Other, ConstructionDescription: Wood Siding,

Last Agent to Sell the Property

Fred Bond

Julia B Fee Sothebys Int. Rlty Brokerage Phone: (914) 620-8682 License #10401271596 Listed on: 02/15/2024

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Fred Bond

Julia B Fee Sothebys Int. Rlty Brokerage Phone: (914) 620-8682 License #10401271596 Listed on: 02/15/2024

Julia B Fee Sothebys Int. Rlty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $414,423

Year Built

  • Built in 1929

Lot Details

  • 1.93

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 56,848 Sq Ft Home
  • Elevator

Schools

  • Bronxville Elementary School
  • Bronxville Middle School
  • Bronxville High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Additional Features

  • 1.93 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2401-020-000-00002-000-0095

Community Details

Overview

  • 40 Units

Recreation

  • Park

Building Details

  • 40 Separate Electric Meters
  • 40 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$414,423

Year Built

Built in 1929

Lot Details

1.93 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Multi Family
  • Property SubType: Multi Family
  • Year Built: 1929
  • Attribution Contact: (914) 620-8682
  • Village: Bronxville
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Elevator
  • Living Area Units: Square Feet
  • Basement: None
  • Living Area: 56848
  • SquareFootage: 56848.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Block, Brick, Stone, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Assigned, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Indirect Tank

Association/Amenities

  • Community Features: Park, Near Public Transportation

Schools

  • Middle School: Bronxville Middle School

Lot Info

  • Lot Size Acres: 1.93
  • Parcel Number: 2401-020-000-00002-000-0095

Multi Family

  • Units Total: 40
  • Separate Electric Meters: 40
  • Separate Gas Meters: 40

Tax Info

  • Tax Annual Amount: 414423
  • Tax Map Number: 2401-020-000-00002-000-0095
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Bronxville Elementary School
  • High School: Bronxville High School
  • Middle School District: Bronxville

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
Feb 15, 2024
Closed on
Nov 25, 2024
Sold by
Bought by
Seller's Agent
Fred Bond
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Fred Bond
Julia B Fee Sothebys Int. Rlty
List Price
$27,500,000
Sold Price
$24,000,000
Premium/Discount to List
-$3,500,000
-12.73%
Views
115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$14,731,417
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2000
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
$24,000,000 Royal Abstract
-- Royal Abstract
-- Judicial Title Insurance
-- --
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 $15,000,000
Previous Owner $200,000
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
11/25/2024 11/25/24 Sold $24,000,000 0.0% $422 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
03/28/2024 03/28/24 Off Market $24,000,000 -- --
02/16/2024 02/16/24 For Sale $27,500,000 -- $484 / 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
2025 -- $7,872,000 $1,856,480 $6,015,520
2024 $210,681 $7,872,000 $1,856,480 $6,015,520
2023 $214,178 $7,872,000 $1,856,480 $6,015,520
2022 $196,469 $7,872,000 $1,856,480 $6,015,520
2021 $196,469 $7,110,000 $1,856,480 $5,253,520
2020 $0 $7,110,000 $1,856,480 $5,253,520
2019 $71,431 $7,110,000 $1,856,480 $5,253,520
2018 $0 $7,110,000 $1,856,480 $5,253,520
2017 $0 $7,110,000 $1,856,480 $5,253,520
2016 $88,561 $7,110,000 $1,856,480 $5,253,520
2015 -- $125,700 $26,400 $99,300
2014 -- $125,700 $26,400 $99,300
2013 -- $125,700 $26,400 $99,300
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: KEY6289809

OneKey® MLS
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