NOT LISTED FOR SALE

2866 E 196th St Bronx, NY 10461

Middletown-Pelham Bay Neighborhood

Estimated Value: $1,159,000 - $1,328,000

6 Beds
5 Baths
3,305 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $1,180,000 $357 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,699/month

50 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 4-minute walk to Colucci Playground
  • Wood Flooring
  • Hot Water Heating System

About This Home

As of October 2023

Don't miss this CASH COW beautiful home in the desirable Pelham Bay Section of Bronx. Welcome to 2866 E 196th St. This legal 4 family building offers 3 units of one bedroom apartments and 1 unit of three bedroom apartment plus one studio apartment in basement. All of apartments are in well maintained condition. Sold with tenants, all apartments are free market and are all paying market rent from excellent tenants. Annual rental is over $95K and gross cap rate is about 7.8%. CALL Today for your private viewing.

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 06/10/2023

Last Buyer's Agent

Ying Dong

Han Tang Realty Inc. License #10401306137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,547

Year Built

  • Built in 1931

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Parking

  • Off-Street Parking

Interior Spaces

  • 3,305 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04242-0018

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,547

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3305
  • SquareFootage: 3305.00
  • SquareFootageSource: Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04242-0018
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 12547
  • Tax Map Number: 04242-0018

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Oct 5, 2023
Sold by
2866 East 196 Street Llc
Bought by
Jason Bark Properties Llc
Seller's Agent
Alex Huang
Han Tang Realty Inc.
Buyer's Agent
Ying Dong
Han Tang Realty Inc.
List Price
$1,220,000
Sold Price
$1,180,000
Premium/Discount to List
-$40,000
-3.28%
Views
116
Current Estimated Value
$1,235,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,027
Avg. Annual Appreciation
2.33%
Original Mortgage
$590,000
Outstanding Balance
$578,529
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$656,498

Purchase Details

Closed on
Oct 31, 2019
Sold by
Salvi Llc
Bought by
2866 East 196 Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Cangialosi Sally and Cangialosi Vito
Bought by
Salvi Llc

Purchase Details

Closed on
Jun 12, 2013
Sold by
Salvi Llc
Bought by
Cangialosi Sally and Cangialosi Vito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,057
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Gallucci Louis and Gallucci Josephine
Bought by
Cangialosi Vito and Cangialosi Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,500
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jason Bark Properties Llc $1,180,000 --
2866 East 196 Street Llc $970,000 --
Salvi Llc -- --
Cangialosi Sally -- --
Cangialosi Vito -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jason Bark Properties Llc $590,000
Previous Owner 2866 East 196 Street Llc $550,000
Previous Owner Cangialosi Sally $6,057
Previous Owner Cangialosi Vito $270,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Off Market $1,180,000 -- --
11/15/2023 11/15/23 Off Market $1,180,000 -- --
10/05/2023 10/05/23 Sold $1,180,000 -3.3% $357 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $1,220,000 -- $369 / 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 $13,807 $119,219 $22,530 $96,689
2024 $13,807 $110,436 $23,750 $86,686
2023 $12,547 $102,279 $26,395 $75,884
2022 $11,592 $242,100 $64,800 $177,300
2021 $0 $246,150 $64,800 $181,350
2020 $11,439 $269,550 $64,800 $204,750
2019 $10,714 $255,420 $64,800 $190,620
2018 $10,007 $78,676 $23,952 $54,724
2017 $9,270 $72,881 $25,228 $47,653
2016 $9,396 $72,881 $26,773 $46,108
2015 $5,648 $70,544 $25,588 $44,956
2014 $5,648 $65,347 $28,089 $37,258
Source: Public Records

Agents Affiliated with this Home

  • Alex Huang

    Seller's Agent in 2023

    Alex Huang

    Han Tang Realty Inc.

    (347) 989-5882

    28 in this area

    234 Total Sales

    Alex Huang
    Section Image

  • Y

    Buyer's Agent in 2023

    Ying Dong

    Han Tang Realty Inc.

    6 in this area

    44 Total Sales

    Ying Dong
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6253989

OneKey® MLS

APN: 04242-0018

New York Bronx County Bronx 10461 Middletown-Pelham Bay

2866 E 196th St, Bronx, NY

This home is located at 2866 E 196th St, Bronx, NY 10461 since 10 June 2023 and is currently estimated at $1,235,027, approximately $373 per square foot. This property was built in 1931. 2866 E 196th St is a home located in Bronx County with nearby schools including P.S. 71 Rose E Scala, Herbert H Lehman High School, and Icahn Charter School 3.

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