NOT LISTED FOR SALE

Estimated Value: $846,000 - $852,000

10 Beds
3 Baths
4,607 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $580,000 $126 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,141/month

10 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to 225 Street
  • Park
  • Wood Flooring
  • Walk-In Closet
  • Baseboard Heating

About This Home

As of July 2023

Welcome home!

This unique 3 family home features an expansive 10 bedrooms. Encompassing 3 floors, this is the perfect opportunity to own a home and have your tenants pay your mortgage. The home features a 3 bedroom apartment over a 4 bedroom apartment over a 3 bedroom apartment. The basement is semi-finished and has high ceilings. The heating has been converted to gas and the boiler has been updated as of 4 years ago. The property has a quaint backyard with garden. The home is located just 2 blocks from the 2 and 5 train (225st stop).

Last Agent to Sell the Property

Daniel Damico

Damico Group Real Estate License #10311207132 Listed on: 05/20/2019

Co-Listed By

Valerie D'Amico

Real Broker NY LLC License #10301218801

Last Buyer's Agent

Daniel Damico

Damico Group Real Estate License #10311207132 Listed on: 05/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1901 | Remodeled in 2010

Lot Details

  • 2,631 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Block Exterior
  • Vinyl Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Wood Flooring
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 04840-0007

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,000

Year Built

Built in 1901 | Remodeled in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: Estimated
  • Levels: Tri-Level
  • Year Built: 1901
  • Year Built Effective: 2010
  • Co List Office Mls Id: KEYDAMICO
  • Co List Office Phone: 347-773-2900
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Walk-In Closet(s)
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 10
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Block, Vinyl Siding
  • Fencing: Fenced
  • Waterfront: No

Garage/Parking

  • Parking Description: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Security: Fire Escape
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0604
  • Lot Size Area: 0.0604
  • Lot Size Sq Ft: 2631
  • Building Area Total: 4607
  • Lot Features: Near Public Transit, Near School
  • Parcel Number: 04840-0007
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5000
  • Tax Year: 2018

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 28, 2023
Sold by
Lewis Marvin and Roberts Kadian
Bought by
4009 Barnes Llc
Seller's Agent
Daniel Damico
Damico Group Real Estate
Buyer's Agent
Daniel Damico
Damico Group Real Estate
List Price
$699,000
Sold Price
$580,000
Premium/Discount to List
-$119,000
-17.02%
Current Estimated Value
$849,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,000
Avg. Annual Appreciation
18.41%
Original Mortgage
$607,500
Outstanding Balance
$595,103
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,230

Purchase Details

Closed on
May 26, 2016
Sold by
Burke Romeo and Dabreo Elizabeth
Bought by
Lewis Marvin and Roberts Kadian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Alozie Sydney O
Bought by
Burke Romeo and Dabreo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,520
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2002
Sold by
Strachan Daisy and Hamilton Hillary
Bought by
Alozie Sydney O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1999
Sold by
Hamilton Hillary and Strachan Harold
Bought by
Hamilton Hillary and Strachan Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4009 Barnes Llc $675,000 --
4009 Barnes Llc $675,000 --
Lewis Marvin $370,000 --
Lewis Marvin $370,000 --
Burke Romeo $574,400 --
Burke Romeo $574,400 --
Alozie Sydney O -- --
Alozie Sydney O -- --
Hamilton Hillary -- Cardinal Abstract Corp Compl
Hamilton Hillary -- Cardinal Abstract Corp Compl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4009 Barnes Llc $267,500
Open 4009 Barnes Llc $607,500
Closed 4009 Barnes Llc $607,500
Previous Owner Lewis Marvin $363,298
Previous Owner Burke Romeo $459,520
Previous Owner Burke Romeo $114,880
Previous Owner Alozie Sydney O $319,500
Previous Owner Hamilton Hillary $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $580,000 -- --
07/28/2023 07/28/23 Sold $580,000 0.0% $126 / Sq Ft
09/30/2019 09/30/19 Off Market $580,000 -- --
05/20/2019 05/20/19 For Sale $699,000 -- $152 / 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 $6,177 $32,601 $3,141 $29,460
2024 $6,177 $30,756 $3,219 $27,537
2023 $5,893 $29,016 $3,395 $25,621
2022 $5,792 $55,980 $7,260 $48,720
2021 $6,061 $48,600 $7,260 $41,340
2020 $5,751 $33,900 $7,260 $26,640
2019 $5,362 $33,900 $7,260 $26,640
2018 $4,929 $24,180 $7,260 $16,920
2017 $5,761 $28,260 $7,260 $21,000
2016 $5,480 $27,411 $5,987 $21,424
2015 $3,132 $25,860 $8,040 $17,820
2014 $3,132 $25,860 $8,040 $17,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H4938437

OneKey® MLS

APN: 04840-0007