$627,000 - $951,000
RENTED SEP 1, 2024

516 Beach Ave Bronx, NY 10473

Clason Point Neighborhood
-- Bed
1 Bath
2,400 Sq Ft
$308 Price per Sq Ft

Last Sold January 26, 2021

Last sale price $485,000 $202 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,572/month

Highlights

  • Property is near public transit
  • ENERGY STAR Qualified Air Conditioning
  • Heating System Uses Natural Gas
  • Eat-In Kitchen
  • Park

About This Home

As of September 2024

Beautifully renovated studio apartment in the heart of Bronx. Brand new stainless steel appliances, all utilities included. Close to all major houses of worship. Ferry at walking distance to NYC.

Last Agent to Rent the Property

Humna Imran

Cortes Corp Brokerage Phone: 516-292-2131 License #10401348478 Listed on: 07/29/2024

Last Renter's Agent

Humna Imran

Cortes Corp Brokerage Phone: 516-292-2131 License #10401348478 Listed on: 07/29/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,481

Year Built | Renovated

  • 1920 | 2024

Lot Details

  • 2,483

Parking

  • On-Street Parking

Home Design

  • Blown Fiberglass Insulation
  • Stone Siding

Interior Spaces

  • 1 Full Bathroom
  • 3-Story Property

Kitchen

  • Eat-In Kitchen
  • ENERGY STAR Qualified Refrigerator

Schools

  • Elementary School For Math Science & Technology
  • Ps 396 Middle School
  • Belmont Preparatory High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Rent includes all utilities, air conditioning, electricity, gas, heat, water

Community Details

Overview

  • Association fees include air conditioning, electricity, gas, heat, water

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,481

Year Built | Renovated

1920 | 2024

Lot Details

0

Rental Info

  • Lease Considered: Yes
  • Pets Allowed: No
  • Rent Includes: All Utilities, Air Conditioning, Electricity, Gas, Heat, Water
  • Available Date: 2024-08-01
  • LegalRentalYN: 1
  • SecurityDeposit: $1650
  • RentType1: 1 Year
  • SmokingYN: 0
  • WholeHouseRentalYN: 0

Listing Details

  • Property Type: Residential Lease
  • Architectural Style: Apt In House
  • Property SubType: Apartment
  • Levels: Three Or More
  • New Construction: No
  • Year Built Effective: 2024
  • Attribution Contact: 516-292-2131
  • Village: Bronx
  • PermitRequiredYN: 0
  • ONE_LeaseTerms: 12 Months
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920
  • Year Renovated: 2024

Interior Features

  • Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove
  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Basement: None
  • Inclusions: A/C Units
  • Entry Level: 1

Exterior Features

  • Construction Materials: Fiberglass Insulation, Stone
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Wall Unit(s)
  • Cooling: Yes
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Electricity, Gas, Heat, Water
  • Senior Community: No

Association/Amenities

  • Community Features: Park, Near Public Transportation

Schools

  • Middle School: Ps 396

Lot Info

  • Lot Features: Near Public Transit
  • Property Attached: No

MLS Schools

  • Elementary School: Elementary School for Math Science & Technology
  • High School: Belmont Preparatory High School
  • Middle School District: Bronx 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Jan 20, 2021
Sold by
Redwood Christine
Bought by
Hussain Adnan and Hussain Zakir
Seller's Agent
Dion Griffiths II
ERA Insite Realty Services
List Price
$549,700
Sold Price
$485,000
Premium/Discount to List
-$64,700
-11.77%
Current Estimated Value
$740,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,031
Avg. Annual Appreciation
8.83%
Original Mortgage
$441,849
Outstanding Balance
$397,687
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$315,828
Source: Public Records

Range of Values:

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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
Hussain Adnan $482,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussain Adnan $26,708
Open Hussain Adnan $441,849
Previous Owner Redwood Christine $6,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2024 09/01/24 Rented $1,700 -37.0% --
08/08/2024 08/08/24 Price Changed $2,700 +63.6% $1 / Sq Ft
07/30/2024 07/30/24 For Rent $1,650 0.0% --
01/26/2021 01/26/21 Sold $485,000 -8.4% $202 / Sq Ft
07/21/2020 07/21/20 Price Changed $529,700 -3.6% $221 / Sq Ft
07/13/2020 07/13/20 For Sale $549,700 -- $229 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
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 $6,481 $33,264 $6,720 $26,544
2024 $6,481 $32,270 $5,963 $26,307
2023 $6,183 $30,444 $6,388 $24,056
2022 $5,734 $42,480 $8,460 $34,020
2021 $5,834 $35,400 $8,460 $26,940
2020 $2,633 $30,600 $8,460 $22,140
2019 $2,512 $31,020 $8,460 $22,560
2018 $2,288 $25,370 $6,814 $18,556
2017 $4,579 $23,935 $8,292 $15,643
2016 $4,308 $23,100 $8,460 $14,640
2015 $2,504 $23,100 $9,420 $13,680
2014 $2,504 $22,410 $8,885 $13,525
Source: Public Records

Agents Affiliated with this Home

  • H

    Landlord's Agent in 2024

    Humna Imran

    Cortes Corp

    (516) 292-2131

    2 Total Sales

    Section Image

  • D

    Seller's Agent in 2021

    Dion Griffiths II

    ERA Insite Realty Services

    1 in this area

    8 Total Sales

    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY3568954

OneKey® MLS

APN: 03522-0016

New York Bronx County Bronx 10473 Clason Point

516 Beach Ave, Bronx, NY

This home is located at 516 Beach Ave, Bronx, NY 10473 since 29 July 2024 and is currently priced at $740,031. This property was built in 1920. 516 Beach Ave is a home located in Bronx County with nearby schools including P.S. 69 - The New Visions School and Holy Cross Elementary School.

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