Seller's Agent in 2023
Rafael Barbosa
Serhant
(917) 435-6611
3 in this area
98 Total Sales
2550 Cruger Ave Bronx, NY 10467
Allerton NeighborhoodEstimated Value: $876,543 - $946,000
5
Beds
2
Baths
2,540
Sq Ft
$360/Sq Ft
Est. Value
About This Home
As of August 2023Investment Opportunity: Two-Family property with a full basement and a detached 2-car garage in the Bronx (Allerton). Zoned R6 with plenty of upside potential.
Introducing 2550 Cruger Ave, a two-family residence primed for renovation, located in the desirable Allerton neighborhood of Bronx, NY.
The property, spanning 2,540 sq ft and situated on a 2,499 sq ft lot (25 x 100), is zoned R6 and offers substantial space for a profitable refurbishment. Each unit provides a unique scope for an investor. A very large three bedroom and one bath over a two bedroom and one back.
While the property requires renovation, its strategic location offers excellent accessibility and buildable space.
This property comes with a bonus of a two-car detached garage and a sturdy brick exterior. It has a new roof, gas lines, and a recently updated boiler.
Currently vacant, this property allows the new owner to immediately embark on the renovation journey, shaping its future to their taste.
Proximity to schools, shopping, restaurants, public transportation, and all this neighborhood has to offer.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- Lot Dimensions are 25.0 x 100.0
Interior Spaces
- 2,540 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Community Details
- Morris Park Subdivision
Listing and Financial Details
- Legal Lot and Block 26 / 4434
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Aug 18, 2023
Sold by
Russo Frances
Bought by
2550 Cruger Llc
Seller's Agent
Rafael Barbosa
Serhant
List Price
$575,000
Sold Price
$850,000
Premium/Discount to List
$275,000
47.83%
Views
104
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,636
Avg. Annual Appreciation
2.85%
Original Mortgage
$820,000
Outstanding Balance
$801,830
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,806
Purchase Details
Closed on
Sep 14, 1999
Sold by
Russo Vito and Estate Of Irving Alfred Alexander
Bought by
Russo Vito and Russo Frances
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2550 Cruger Llc | $850,000 | -- | |
| 2550 Cruger Llc | $850,000 | -- | |
| Russo Vito | -- | Commonwealth Land Title Ins | |
| Russo Vito | -- | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 2550 Cruger Llc | $820,000 | |
| Closed | 2550 Cruger Llc | $820,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $850,000 | +47.8% | $335 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $575,000 | -- | $226 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $6,877 | $36,290 | $6,573 | $29,717 |
| 2024 | $6,877 | $34,237 | $6,471 | $27,766 |
| 2023 | $6,487 | $32,300 | $6,133 | $26,167 |
| 2022 | $6,189 | $43,800 | $9,900 | $33,900 |
| 2021 | $6,413 | $42,000 | $9,900 | $32,100 |
| 2020 | $6,401 | $44,580 | $9,900 | $34,680 |
| 2019 | $5,968 | $42,180 | $9,900 | $32,280 |
| 2018 | $5,487 | $26,917 | $8,865 | $18,052 |
| 2017 | $5,177 | $25,395 | $7,774 | $17,621 |
| 2016 | $5,077 | $25,395 | $7,891 | $17,504 |
| 2015 | $2,890 | $25,202 | $7,982 | $17,220 |
| 2014 | $2,890 | $23,776 | $9,044 | $14,732 |
Source: Public Records
Agents Affiliated with this Home
-
Rafael Barbosa
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10882153
APN: 04434-0026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
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