512 Minnieford Ave Bronx, NY 10464
City Island NeighborhoodEstimated payment $8,145/month
About This Home
RARE INVESTMENT OPPORTUNITY- 4-FAMILY HOME WITH SPECTACULAR WATER VIEWS on the Long Island Sound. PRIME opportunity on City Island with this unique property, featuring a main house and three bungalows situated directly on the picturesque Long Island Sound. Perfect for a primary residence or a weekend getaway, this property also offers significant rental income potential. Rent out the additional units to help offset your mortgage, or lease all four for a steady cash flow. City Island is a one-of-a-kind community with close proximity to Manhattan, and this property is unique. While the bungalows are in need of renovation, this presents a real opportunity for investors. Whether you're considering it as a personal retreat or a lucrative investment, seize the possibility to reimagine this unique property and unlock its full potential!
Property Details
Home Type
- Multi-Family
Home Design
- 3,070 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Community Details
Overview
- City Island Community
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $28,304 | $241,198 | $121,751 | $119,447 |
| 2024 | $28,304 | $226,394 | $102,524 | $123,870 |
| 2023 | $25,716 | $209,637 | $78,738 | $130,899 |
| 2022 | $23,753 | $339,750 | $142,650 | $197,100 |
| 2021 | $0 | $317,700 | $142,650 | $175,050 |
| 2020 | $23,142 | $347,400 | $142,650 | $204,750 |
| 2019 | $21,964 | $296,460 | $142,650 | $153,810 |
| 2018 | $20,511 | $161,259 | $93,113 | $68,146 |
| 2017 | $18,994 | $149,337 | $98,012 | $51,325 |
| 2016 | $18,402 | $142,741 | $110,363 | $32,378 |
| 2015 | -- | $142,721 | $132,288 | $10,433 |
| 2014 | -- | $133,961 | $130,663 | $3,298 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $1,100,000 | -- | $358 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | -- | |
| Deed | $1,200,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $780,000 | Purchase Money Mortgage | |
| Closed | $780,000 | Purchase Money Mortgage |
Source: NY State MLS
MLS Number: 11615802
APN: 05647-0006
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