NOT LISTED FOR SALE

Estimated Value: $645,112 - $758,000

5 Beds
3 Baths
2,045 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $625,000 $306 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,478/month

10 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • 5-minute walk to Bufano Park

About This Home

As of May 2022

Unique Brick three family on E Tremont Avenue. Front house is two family with basement comprised of two 4 room 2 bedrooms 1 bath apartments with porch. The rear house is comprised of a 3 room 1 bedroom 1 bath with rear porch. Zoning is R4A with a C1-2 overlay. Great income opportunity or place for your business. Property being conveyed with existing tenants. First showing can see rear house and basement. Minimum down payment 20%.

Last Agent to Sell the Property

Maria Porco-Rosa

Prime Realty Group, Inc. License #31PO0881590 Listed on: 10/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1931 | Remodeled in 1947

Lot Details

  • 2,361 Sq Ft Lot
  • No Common Walls

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,045 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Parking

  • Common or Shared Parking
  • On-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 05351-0009

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1931 | Remodeled in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks, 2 Story
  • Property SubType: Multi Family
  • Year Built: 1931
  • Year Built Effective: 1947
  • Attribution Contact: 718-597-2300
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 1947

Interior Features

  • Interior Amenities: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 2045.00
  • Square Footage: 2045.00

Exterior Features

  • Construction Materials: Brick
  • Patio and Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Common, None, On Street

Utilities

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

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Area: 0.0500
  • Lot Size Sq Ft: 2361.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 05351-0009
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2022-05-26
  • Tax Annual Amount: 5940.00
  • Tax Map Number: 05351-0009

Multi Family

  • Units Total: 3
  • 1 Bedrooms: 1
  • Two Bedrooms: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
May 26, 2022
Sold by
Estate Of Thomas J Lanzilli Sr and Thomas J. Lanzilli Jr. As Executor
Bought by
3185 E Tremont Llc
Seller's Agent
Maria Porco-Rosa
Prime Realty Group, Inc.
List Price
$799,999
Sold Price
$625,000
Premium/Discount to List
-$174,999
-21.87%
Current Estimated Value
$712,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,278
Avg. Annual Appreciation
5.08%
Original Mortgage
$250,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1996
Sold by
Lanzilli Jerry and Lanzilli Josephine
Bought by
Lanzilli Thomas J
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
3185 E Tremont Llc $625,000 --
3185 E Tremont Llc $625,000 --
Lanzilli Thomas J -- First American Title Ins Co
Lanzilli Thomas J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3185 E Tremont Llc $367,500
Closed 3185 E Tremont Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $625,000 -21.9% $306 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $799,999 -- $391 / 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 $6,398 $33,767 $8,127 $25,640
2024 $6,398 $31,856 $6,950 $24,906
2023 $6,104 $30,058 $7,582 $22,476
2022 $2,090 $34,740 $10,080 $24,660
2021 $2,259 $34,020 $10,080 $23,940
2020 $2,319 $36,720 $10,080 $26,640
2019 $2,118 $32,760 $10,080 $22,680
2018 $1,894 $25,048 $9,696 $15,352
2017 $1,822 $24,218 $9,484 $14,734
2016 $1,730 $23,520 $10,080 $13,440
2015 $939 $23,450 $9,512 $13,938
2014 $939 $22,123 $10,553 $11,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6148696

OneKey® MLS

APN: 05351-0009