NOT LISTED FOR SALE
-- Bed
-- Bath
10,905 Sq Ft
1931 Built

Sale Details

Date Sold: March 23, 2015

109 Days on Market

Highlights

  • City View
  • Intercom
  • 4-minute walk to Lozada Playground
  • Pre War Building

About This Home

As of March 2015

**Perfect Turn Key Investment**_ 5-Story Multifamily Building for Sale**

***MOTIVATED SELLER*** New exclusive located in Mott Haven, Bronx. Recently investors have been flocking that area! Very up and coming neighborhood.

Property Description: Turn key live/investment opportunity awaits for the perfect investor! It is a 5 story Multifamily income producing property with 10 units being fully occupied! 6 out of the 10 units are being rented at market free rent, while the other 4 are rent stabilized. The building has recently been re-stuccoed in 2012. New facade was installed at the same time. Roof has undergone complete renovation 8 years ago and is in great condition. The boiler was serviced 3 years ago and is in good condition. 2 out of the 10 apartments are true 4 bedrooms while the other 8 are all 3 bedrooms. Wonderful investment opportunity. Owner has never had a vacancy for the past 20 years! Long wait list for potential tenants!

Neighborhood Description: Mott Haven is primarily a residential neighborhood located in the southwestern section of the Bronx. Mott Haven is a high density neighborhood with a population of approximately 50,000 within a square mile. It was the first neighborhood to give rise to the term " South Bronx". If you have any questions or inquiries about the property feel free to call/email me anytime.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • Lot Dimensions are 30.0 x 100.0

Home Design

  • Pre War Building

Interior Spaces

  • 10,905 Sq Ft Home
  • City Views
  • Intercom

Community Details

  • Mott Haven Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 60 / 2280

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: East 135th Street/Brown Place
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Mott Haven
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 10905.0
  • Living Area Units: Square Feet

Exterior Features

  • View: City
  • View: Yes

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 30.0 x 100.0

Building Info

  • Total Stories: 5
  • Year Built: 1931

Tax Info

  • Tax Block: 2280
  • Tax Lot: 60

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
0.0387%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 4, 2014
Closed on
Apr 30, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
0.0387%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,495,000 --
$1,515,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,300,000
Closed $151,555
Closed $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2015 03/23/15 Sold -- -- --
02/21/2015 02/21/15 Pending -- -- --
11/04/2014 11/04/14 For Sale -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $16,179 $129,433 $1,376 $128,057
2025 $15,679 $129,433 $1,101 $128,332
2024 $15,679 $125,415 $1,280 $124,135
2023 $14,245 $116,126 $1,362 $114,764
2022 $13,156 $703,350 $9,900 $693,450
2021 $0 $562,500 $9,900 $552,600
2020 $12,119 $616,950 $9,900 $607,050
2019 $11,967 $615,150 $9,900 $605,250
2018 $11,362 $89,328 $1,342 $87,986
2017 $10,520 $82,712 $1,320 $81,392
2016 $9,874 $76,588 $1,162 $75,426
2015 $6,410 $76,588 $1,388 $75,200
2014 $6,410 $74,210 $1,549 $72,661
Source: Public Records

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10057202

Real Estate Board of New York (REBNY)
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