$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
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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

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 $15,807 $130,514 $29,022 $101,492
2024 $15,807 $126,432 $30,293 $96,139
2023 $14,363 $117,083 $33,424 $83,659
2022 $13,266 $281,700 $75,150 $206,550
2021 $0 $247,500 $75,150 $172,350
2020 $12,433 $283,050 $75,150 $207,900
2019 $12,169 $283,050 $75,150 $207,900
2018 $11,455 $90,064 $27,297 $62,767
2017 $10,608 $83,402 $28,777 $54,625
2016 $9,956 $77,227 $28,283 $48,944
2015 $5,619 $77,227 $27,915 $49,312
2014 $5,619 $74,812 $32,035 $42,777
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

    53 Total Sales

    Alexandra Fischer
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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

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