NOT LISTED FOR SALE

Estimated Value: $880,216 - $1,113,000

8 Beds
3 Baths
3,187 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $560,000 $176 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,874/month

393 Days on Market

About This Home

As of December 2015

Brick semi-attached Legal three family in the Castle Hill Section of the Bronx. 4BR/3BR/1BR with a two car garage and additional outdoor parking. Gross annual rents approximately $54,600 per year, not including additional rent potential from parking fees available from the back lot and two car garage. All tenants are working cash paying tenants. Great opportunity to owner occupy for less then renting. Live in one unit and collect two rents. Breakdown of revenue and expenses upon request. This property also has a C2-4 COMMERCIAL overlay allowing for possible conversion for commercial use. Most fist floor units on the strip have retail businesses which attract higher rents per sq. foot. Two of the three tenants are month to month. Please call for additional details.

Last Agent to Sell the Property

Gregory Tsougranis

Keller Williams Realty NYC Grp Brokerage Phone: 718-697-6800 License #10301201886 Listed on: 09/24/2014

Keller Williams Realty NYC Grp

Last Buyer's Agent

Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1915

Lot Details

  • 2,418 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Detached Garage

Home Design

  • 3,187 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Access

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 03997-0039

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1915

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1915
  • Attribution Contact: 718-697-6800
  • Village: Bronx
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Living Area: 3187
  • Owner Pays: Insurance
  • SquareFootage: 3187.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access

Garage/Parking

  • Total Parking Spaces: 6
  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Detached, 4+ Car Detached, Garage

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: On Demand

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 900
  • AdditionalFeesYN: 0

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Dimensions: 0.0555
  • Lot Size Sq Ft: 2418
  • Lot Size Units: Acres
  • Parcel Number: 03997-0039
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Multi Family

  • Fuel Expense: 5800
  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 4600
  • Tax Map Number: 03997-0039
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Call Listing Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Safos Zacharias and Tsavalias Efthimia
Bought by
Zeta Development Llc
Current Estimated Value
$974,304

Purchase Details

Closed on
Feb 8, 2021
Sold by
Zeta Development Llc
Bought by
Safos Zacharias and Tsavalias Efthimia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2017
Sold by
Safos Zacharias and Tsavalias Efthimia
Bought by
Zeta Development Llc

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 23, 2015
Sold by
Rana Realty Llc
Bought by
Safos Zacharias and Tsavalias Efthimia
Seller's Agent
Gregory Tsougranis
Keller Williams Realty NYC Grp
Buyer's Agent
Non OneKey Agent
Non-Member MLS
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$410,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2007
Sold by
Persaud Teekaram
Bought by
Rana Realty Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zeta Development Llc -- --
Safos Zacharias -- --
Zeta Development Llc -- --
Safos Zacharias $560,000 --
Rana Realty Llc $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeta Development Llc $690,000
Previous Owner Safos Zacharias $380,000
Previous Owner Safos Zacharias $410,000
Previous Owner Rana Realty Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $560,000 -2.6% $176 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
09/24/2014 09/24/14 For Sale $575,000 -- $180 / 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 $7,266 $38,346 $6,066 $32,280
2024 $7,266 $36,175 $6,066 $30,109
2023 $6,931 $34,128 $5,927 $28,201
2022 $6,557 $52,620 $9,900 $42,720
2021 $6,912 $49,200 $9,900 $39,300
2020 $6,764 $39,240 $9,900 $29,340
2019 $6,306 $39,240 $9,900 $29,340
2018 $5,797 $28,440 $9,900 $18,540
2017 $5,579 $27,370 $9,311 $18,059
2016 $5,472 $27,370 $9,032 $18,338
2015 $3,114 $27,163 $8,190 $18,973
2014 $3,114 $25,627 $9,265 $16,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4436327

OneKey® MLS

APN: 03997-0039