NOT LISTED FOR SALE

392 E 159th St Bronx, NY 10451

Melrose Neighborhood

Estimated Value: $1,009,604 - $1,120,000

6 Beds
4 Baths
3,174 Sq Ft
$335/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $900,000 $284 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,128/month

24 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Walk-In Closet
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • 3-minute walk to Railroad Park

About This Home

As of February 2022

Location, Location, Location! Beautiful legal 3 family property in the south bronx! Minutes away from Yankee stadium and Manhattan.Easy transportation options include the #2 and #5 subway line, as well as the Melrose Metro-North station at E. 162 and Park Avenue. The NYC recorded sq. ft. is 3,132 sq. ft. not including an additional 1,000 sq. ft. of finished basement. The 1st unit is 3 bedroom, 2 full bathroom, access to backyard, full basement, parking spot. The 2nd unit is 1 bedroom and 1 bathroom. The 3rd unit is 2bedrooms, hardwood floors and 1 bathroom. The home includes a small paved front and a back yard with parking in the gated rear area of the complex. It will go fast!

Last Agent to Sell the Property

Alex Baez

Baez Real Estate, Inc. License #10311209259 Listed on: 06/04/2021

Baez Real Estate, Inc.

Co-Listed By

Hidekel Baez

eXp Realty License #10301219713

Last Buyer's Agent

Shahriar Homapour

Active Homes Realty Inc License #31HO0747717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,451

Year Built

  • Built in 2002

Lot Details

  • 2,195 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Parking Lot

Home Design

  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 3,174 Sq Ft Home
  • Walk-Out Basement
  • Instant Hot Water

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 02405-0119

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

$4,451

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Trilevel
  • Property SubType: Multi Family
  • Year Built: 2002
  • Attribution Contact: 718-324-6060
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Living Area: 3174.00
  • Square Footage: 3174.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 1.00
  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Attached, 1 Car Attached, Driveway, Parking Lot, Private, On Street

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: On Demand
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Additional Fee: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2195.00
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 02405-0119
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2022-02-07
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 4451.00
  • Tax Map Number: 02405-0119

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

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 4, 2021
Closed on
Feb 4, 2022
Sold by
Lot Salamatu and Salamatu Lot As Administrator
Bought by
Kwan Jackie
Seller's Agent
Alex Baez
Baez Real Estate, Inc.
Buyer's Agent
Alex Baez
Baez Real Estate, Inc.
List Price
$899,997
Sold Price
$900,000
Premium/Discount to List
$3
0.0%
Current Estimated Value
$1,064,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,401
Avg. Annual Appreciation
4.41%
Original Mortgage
$720,000
Outstanding Balance
$668,575
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,826

Purchase Details

Closed on
Jun 11, 2004
Sold by
Nyc Partnership Housing Development Fund
Bought by
Lot Estelle and Lot Salamatu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kwan Jackie $900,000 --
Lot Estelle $419,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Jackie $720,000
Previous Owner Lot Estelle $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2022 02/07/22 Sold $900,000 0.0% $284 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $899,997 -- $284 / 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 $6,613 $34,901 $6,017 $28,884
2024 $6,613 $32,926 $6,763 $26,163
2023 $6,308 $31,062 $6,010 $25,052
2022 $5,378 $59,040 $11,400 $47,640
2021 $4,906 $51,120 $11,400 $39,720
2020 $4,480 $45,120 $11,400 $33,720
2019 $3,768 $42,420 $11,400 $31,020
2018 $3,212 $25,885 $8,553 $17,332
2017 $2,851 $24,420 $9,480 $14,940
2016 $2,690 $27,900 $9,480 $18,420
2015 $872 $28,500 $9,480 $19,020
2014 $872 $27,540 $9,072 $18,468
Source: Public Records

Agents Affiliated with this Home

  • Alex Baez

    Seller's Agent in 2022

    Alex Baez

    Baez Real Estate, Inc.

    (646) 830-7660

    4 in this area

    121 Total Sales

    Alex Baez
    Section Image

  • H

    Seller Co-Listing Agent in 2022

    Hidekel Baez

    eXp Realty

    Section Image

  • S

    Buyer's Agent in 2022

    Shahriar Homapour

    Active Homes Realty Inc

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6117748

OneKey® MLS

APN: 02405-0119

New York Bronx County Bronx 10451 Melrose

392 E 159th St, Bronx, NY

Not Listed for Sale

MultiFamily

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