Seller's Agent in 2025
Alex Huang
Han Tang Realty Inc.
(347) 989-5882
26 in this area
231 Total Sales
2850 E 197th St Bronx, NY 10461
Middletown-Pelham Bay Neighborhood
5
Beds
4
Baths
2,400
Sq Ft
2,500
Sq Ft Lot
Highlights
- Colonial Architecture
- Wood Flooring
- 2 Car Detached Garage
- Property is near public transit, schools, and shops
- Main Floor Primary Bedroom
- 4-minute walk to Colucci Playground
About This Home
As of July 2025Don't miss this legal 3 family with 4 units set-up property located in desirable Pelham Bay Park section of the Bronx. The second floor of this brick home consists of 2 units of one bedroom apartment. First floor boasts a spacious 2 bedroom apartment and another one bedroom unit are located on the walk-out finished basement. The home will be sold with excellent tenants and over 65K net annual income. And basement and detached 2-car garage will contribute extra income. 9 minutes walk to 6 train Pelham Bay Park station, Close to park, MTA bus stations and major highway. Call today to add this cash cow to your investment portfolio today.
Last Agent to Sell the Property
Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 01/31/2025
Last Buyer's Agent
Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 01/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,388
Year Built
- Built in 1928
Parking
- 2 Car Detached Garage
- 1 Carport Space
- Driveway
- Off-Street Parking
Home Design
- Triplex
- Colonial Architecture
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Schools
- Contact Agent Elementary School
- Contact Agent High School
Utilities
- No Cooling
- Heating System Uses Oil
- Radiant Heating System
Additional Features
- Wood Flooring
- 2,500 Sq Ft Lot
- Property is near public transit, schools, and shops
Listing and Financial Details
- Assessor Parcel Number 04243-0014
Community Details
Overview
- 3 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2025
Closed on
Jul 30, 2025
Sold by
Bronx Capital A Llc
Bought by
2850 E 197 Llc
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Alex Huang
Han Tang Realty Inc.
List Price
$125,000
Sold Price
$1,138,000
Premium/Discount to List
$1,013,000
810.4%
Views
67
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
$16,884
Avg. Annual Appreciation
3.12%
Original Mortgage
$680,000
Outstanding Balance
$678,206
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$476,678
Purchase Details
Closed on
Mar 22, 2023
Sold by
The Michael And Anna Marangiello Trust and Annmarie Androsiglio As Trustee
Bought by
Bronx Capital A Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 3, 2007
Sold by
Marangiello Anna and Marangiello Michael
Bought by
Anna Marangiello As Trustee and Michael And Anna Marangiello Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,138,000 | -- | |
| Deed | $997,000 | -- | |
| Deed | $997,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $680,000 | Purchase Money Mortgage | |
| Previous Owner | $650,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Sold | $1,138,000 | -4.4% | $474 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 03/10/2025 03/10/25 | Price Changed | $1,190,000 | -4.8% | $496 / Sq Ft |
| 01/31/2025 01/31/25 | Price Changed | $1,250,000 | +900.0% | $521 / Sq Ft |
| 01/31/2025 01/31/25 | For Sale | $125,000 | -- | $52 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $17,643 | $59,160 | $7,924 | $51,236 |
| 2024 | $17,643 | $141,118 | $29,781 | $111,337 |
| 2023 | $16,040 | $136,035 | $32,749 | $103,286 |
| 2022 | $7,061 | $238,500 | $58,500 | $180,000 |
| 2021 | $0 | $223,200 | $58,500 | $164,700 |
| 2020 | $9,508 | $244,800 | $58,500 | $186,300 |
| 2019 | $13,044 | $231,660 | $58,500 | $173,160 |
| 2018 | $13,013 | $104,642 | $31,710 | $72,932 |
| 2017 | $12,108 | $96,918 | $33,420 | $63,498 |
| 2016 | $11,270 | $89,776 | $32,876 | $56,900 |
| 2015 | $7,293 | $83,502 | $30,153 | $53,349 |
| 2014 | $7,293 | $83,502 | $35,708 | $47,794 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Huang
Map
Source: OneKey® MLS
MLS Number: 819609
APN: 04243-0014
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.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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Information is deemed reliable but not guaranteed.
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