$1,325,000
SOLD MAR 13, 2025

2883 E 196th St Bronx, NY 10461

Middletown-Pelham Bay Neighborhood
-- Bed
-- Bath
3,080 Sq Ft
3,117 Sq Ft Lot

Recently Sold

$430 Per Sq Ft

12% Below List Price

14 Days on Market

About This Home

As of March 2025

A fantastic Investment Opportunity is now available in Pelham Bay! This property is truly a CASH COW with incredible income-generating potenital! Close to shops, restaurants, schools, major highways, and public transportation, this conveniently located 3 Story, 5-Family Home w/ a 2-CAR GARAGE has much to offer with an annual cap rate of 8%+ this property is not to be missed! The property can be delivered fully occupied or with 4 vacant units. Additional Information: HeatingFuel: Oil Above Ground,

Last Agent to Sell the Property

Alexandra Fischer

Keller Williams Realty Group Brokerage Phone: 914-713-3270 License #40FI1166306 Listed on: 01/22/2025

Keller Williams Realty Group

Last Buyer's Agent

Alexandra Fischer

Keller Williams Realty Group Brokerage Phone: 914-713-3270 License #40FI1166306 Listed on: 01/22/2025

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,807

Year Built

  • Built in 1926

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil

Additional Features

  • Walk-Out Basement
  • 3,117 Sq Ft Lot

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 04243-0040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,807

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1926
  • Attribution Contact: 914-713-3270
  • Carport Y N: No
  • CurrentPrice: 1325000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 20949720.6704
  • CurrentPrice_By_BuildingAreaTotal: 430.19481
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement: Finished, Walk-Out Access
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Other
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0716
  • Lot Size Sq Ft: 3117
  • Parcel Number: 04243-0040
  • Property Attached: No

Multi Family

  • Units Total: 5

Tax Info

  • Tax Annual Amount: 15806.56
  • Tax Year: 2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $1,325,000 -11.7% $430 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $1,500,000 -- $487 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alexandra Fischer

    Seller's Agent in 2025

    Alexandra Fischer

    Keller Williams Realty Group

    (914) 557-8212

    2 in this area

    55 Total Sales

    Alexandra Fischer
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: 816125

OneKey® MLS

APN: 04243-0040

New York Bronx County Bronx 10461 Middletown-Pelham Bay

2883 E 196th St, Bronx, NY

Sold

MultiFamily

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.

OneKey® MLS 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes