NOT LISTED FOR SALE

Estimated Value: $727,538 - $862,000

5 Beds
2 Baths
2,000 Sq Ft
$407/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $745,000 $372 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,782/month

89 Days on Market

Highlights

  • Eat-In Kitchen
  • Baseboard Heating
  • 4-minute walk to Hawkins Park
  • Window Unit Cooling System

About This Home

As of March 2022

Don't miss out on an opportunity to own a piece of City Island! This lovely recently renovated two family semi-detached house. This property features a beautiful backyard perfect to entertain your friends and family. Each unit has its own boiler and water tank. The first unit - Living room, eat-in kitchen, 2 bedrooms, and 1 bathroom. unit 2- living, eat-in kitchen, 3 bedrooms, and 1 bathroom. The mechanical room is located on the first floor with the laundry setup plus a bathroom. It's possible that you could connect the bathroom to the first unit apartment. No basement. Take advantage of the low taxes and the close proximity to restaurants, parks, transportation, the city island nautical museum, boat rentals, sailing, bike tours, and the express bus to New York City.

Last Agent to Sell the Property

Samuel Buchana

RE/MAX In The City License #10301213360 Listed on: 08/26/2021

RE/MAX In The City

Last Buyer's Agent

Raymond Maldonado

Keller Williams Realty Group License #40MA0819585

Keller Williams Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,759

Year Built

  • Built in 1963

Lot Details

  • 2,352

Home Design

  • 2,000 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Eat-In Kitchen
  • No Common Walls

Listing and Financial Details

  • Assessor Parcel Number 05632-0037

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,759

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1963
  • Attribution Contact: 929-222-4200
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: None
  • Total Bedrooms: 5
  • Living Area: 2000.00
  • Square Footage: 2000.00

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard
  • Hot Water: Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Parcel Number: 05632-0037
  • Property Attached: No

Tax Info

  • Close Date: 2022-03-17
  • Tax Annual Amount: 6759.00
  • Tax Map Number: 05632-0037

Multi Family

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

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Mar 17, 2022
Sold by
49 Bay St Bronx Llc
Bought by
Korber Sabrina and Ozturk Baris
Seller's Agent
Samuel Buchana
RE/MAX In The City
Buyer's Agent
Raymond Maldonado
Keller Williams Realty Group
List Price
$799,000
Sold Price
$745,000
Premium/Discount to List
-$54,000
-6.76%
Current Estimated Value
$803,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,078
Avg. Annual Appreciation
2.40%
Original Mortgage
$670,500
Outstanding Balance
$623,657
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,228

Purchase Details

Closed on
Jul 25, 2019
Sold by
Decristofaro Robert and Gerhard Anne M
Bought by
49 Bay Street Bronx Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Decristofaro Leonard J
Bought by
Decristofaro Robert and Gerhard Anne Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korber Sabrina $745,000 --
Korber Sabrina $745,000 --
49 Bay Street Bronx Llc $470,000 --
49 Bay Street Bronx Llc $470,000 --
Decristofaro Robert -- --
Decristofaro Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korber Sabrina $670,500
Closed Korber Sabrina $670,500
Previous Owner 49 Bay Street Bronx Llc $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 Sold $745,000 -6.8% $373 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $799,000 -- $400 / 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 $6,889 $36,359 $7,930 $28,429
2024 $6,889 $34,301 $6,823 $27,478
2023 $6,966 $34,301 $6,643 $27,658
2022 $6,796 $41,040 $8,820 $32,220
2021 $6,759 $37,140 $8,820 $28,320
2020 $6,413 $36,300 $8,820 $27,480
2019 $4,718 $34,080 $8,820 $25,260
2018 $4,581 $28,584 $8,488 $20,096
2017 $4,784 $28,368 $8,050 $20,318
2016 $4,389 $26,763 $7,654 $19,109
2015 $2,702 $25,249 $8,646 $16,603
2014 $2,702 $23,820 $9,780 $14,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6139236

OneKey® MLS

APN: 05632-0037