NOT LISTED FOR SALE

Estimated Value: $691,039 - $975,000

6 Beds
2 Baths
1,800 Sq Ft
$459/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $700,000 $389 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,797/month

31 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Park

About This Home

As of February 2020

Incredible investment opportunity in the neighborhood of Kingsbridge Heights. This legal two family has two- three bedroom apartments. The attic and basement add 1200 square feet of extra space and endless potential. Each floor has its own full bathroom for a total of 4. Easy to rent to tenants because it is centrally located. You can rent out this entire home and live for free or have a large monthly return. Top floor apartment can be converted into a duplex apartment. Close to Lehman College, New York Presbyterian Hospital, and 1 and 4 train. Additional Information: Amenities:Storage,

Last Agent to Sell the Property

Saulo Espaillat

Compass Greater NY, LLC License #10401284064 Listed on: 10/16/2019

Compass Greater NY, LLC

Co-Listed By

Lorena Espaillat

Compass Greater NY, LLC License #10401292375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,224

Year Built

  • Built in 1910 | Remodeled in 2016

Lot Details

  • 1,686

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Split Level Home
  • Frame Construction
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

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

Additional Features

  • Balcony
  • 1,686 Sq Ft Lot
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 03256-0032

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,224

Year Built

Built in 1910 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Levels: Multi/Split
  • Year Built: 1910
  • Year Built Effective: 2016
  • Co List Office Mls Id: KEYCOMPNY
  • Co List Office Phone: 914-327-2777
  • ResoBuildingAreaSource: Other
  • CurrentPrice: 700000.00
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 17286821.7054
  • CurrentPrice_By_BuildingAreaTotal: 388.88889
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 6
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Balcony
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0387
  • Lot Size Sq Ft: 1686
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 03256-0032
  • Property Attached: No

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4224
  • Tax Year: 2018

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Feb 4, 2020
Sold by
Alam Mahmudul
Bought by
Benitez Elizabeth V and Pradhan Rubina
Seller's Agent
Saulo Espaillat
Compass Greater NY, LLC
List Price
$669,000
Sold Price
$700,000
Premium/Discount to List
$31,000
4.63%
Current Estimated Value
$827,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,010
Avg. Annual Appreciation
2.91%
Original Mortgage
$687,321
Outstanding Balance
$610,185
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$216,825

Purchase Details

Listed on
Feb 16, 2016
Closed on
Aug 2, 2016
Sold by
Reyes Jesus
Bought by
Alam Mahmudul
Seller's Agent
Shimon Matsui
Great Success Realty Inc
Buyer's Agent
Pedro Salas
Real Estate Classic LLC
List Price
$389,000
Sold Price
$350,000
Premium/Discount to List
-$39,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%
Original Mortgage
$320,512
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Benitez Elizabeth V $700,000 --
Benitez Elizabeth V $700,000 --
Alam Mahmudul $350,000 --
Alam Mahmudul $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Elizabeth V $687,321
Closed Benitez Elizabeth V $687,321
Previous Owner Alam Mahmudul $320,512
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Off Market $700,000 -- --
12/09/2024 12/09/24 Off Market $350,000 -- --
02/05/2020 02/05/20 Sold $700,000 +4.6% $389 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $669,000 +91.1% $372 / Sq Ft
08/02/2016 08/02/16 Sold $350,000 -9.1% $125 / Sq Ft View Prior Sale
03/28/2016 03/28/16 Pending -- -- --
03/09/2016 03/09/16 Price Changed $385,000 -1.0% $138 / Sq Ft
02/16/2016 02/16/16 For Sale $389,000 -- $139 / 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 $5,165 $27,260 $7,125 $20,135
2024 $5,165 $25,718 $6,799 $18,919
2023 $4,928 $24,264 $5,906 $18,358
2022 $4,570 $34,320 $8,280 $26,040
2021 $4,817 $36,060 $8,280 $27,780
2020 $4,809 $31,200 $8,280 $22,920
2019 $4,483 $32,160 $8,280 $23,880
2018 $4,122 $20,220 $4,443 $15,777
2017 $3,889 $19,076 $5,649 $13,427
2016 $3,813 $19,076 $7,115 $11,961
2015 $1,951 $18,931 $8,595 $10,336
2014 $1,951 $17,860 $6,900 $10,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5104666

OneKey® MLS

APN: 03256-0032