NOT LISTED FOR SALE

Estimated Value: $1,234,029

8 Beds
6 Baths
3,606 Sq Ft
$342/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $1,145,000 $318 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,635 / mo

117 Days on Market

Highlights

  • Property is near public transit, schools, and shops
  • 4-minute walk to 3 Avenue-149 Street
  • Multiple cooling system units
  • Skylights
  • Park
  • 5-minute walk to St Mary's Park

About This Home

As of March 2025

Buy this excellent income producing property! This is a spacious, well-maintained legal 3-family brick building with 3,606 sf plus high ceiling full basement located in the vibrant Mott Haven neighborhood of the Bronx. Only 19 years young, this property is ideal for investors or owner-occupants seeking rental income. The 1st floor features 2 bed and 2 full baths, while the 2nd & 3rd floors each offers 3 bed and 2 full bath, providing ample living space. All bedrooms in every unit are generously sized, and each unit has its own utilities, boiler & hot water, ensuring independence and convenience for residents. The full high ceiling basement with separate entrance offers endless possibilities, whether for additional storage, recreation, or conversion to suit your needs. The large, fenced backyard is perfect for hosting parties and BBQs, making it a great spot for outdoor entertainment. Additionally, a skylight view makes the 3rd floor even more special where there's a built-in ladder to access the flat rooftop.

Commuters will appreciate the convenience with the 2, 5 & 6 subway lines and the Bx17 bus, just a short walk away. The seller prefers to sell with tenants (no leases), but the building can be delivered vacant. This is an ideal opportunity for investors/owner-occupiers looking for a spacious & convenience. The property benefits from low taxes, making it an even more attractive investment. This solidly built, low-maintenance home is a rare find, combining durability with modern rental potential.

Last Agent to Sell the Property

Shahed Ahmed

Andrew J. Freerks Brokerage Phone: 917-246-7750 License #10401372418 Listed on: 09/23/2024

Last Buyer's Agent

Alfousseyni Kone

Century 21 Galvez License #10401309698

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 2005

Lot Details

  • 1,856

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • Skylights
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Schools

  • Contact Agent Elementary School
  • Academy Of Applied Math And Tech Middle School
  • Alfred E Smith Career-Tech High Sch

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Additional Features

  • 1,856 Sq Ft Lot
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 02275-0141

Community Details

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Additional Features

  • 3 Units
  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,001

Year Built

Built in 2005

Lot Details

1,856 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 2005
  • Attribution Contact: 917-246-7750
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 1145000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 0.96151
  • ListPrice_By_LotSizeAcres: 26971830.9859
  • CurrentPrice_By_BuildingAreaTotal: 317.52634
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Basement: Finished, Full, See Remarks
  • Total Bedrooms: 8
  • Window Features: Skylight(s)
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick, Other
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Parking Description: None, Open, Other, On Street

Utilities

  • Cooling: Wall/Window Unit(s), Multi Units
  • Heating: Natural Gas, Other, See Remarks
  • Sewer: Public Sewer
  • Utilities: See Remarks, Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Middle School: Academy Of Applied Math And Tech

Lot Info

  • Lot Size Acres: 0.0426
  • Lot Size Sq Ft: 1856
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 02275-0141
  • Property Attached: Yes
  • Additional Parcels: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

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

Tax Info

  • Tax Annual Amount: 1001
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Alfred E Smith Career-Tech High Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Mar 28, 2025
Sold by
Jubair Choudhury
Bought by
521 E 148 Llc
Seller's Agent
Shahed Ahmed
Andrew J. Freerks
Buyer's Agent
Alfousseyni Kone
Century 21 Galvez
List Price
$1,195,000
Sold Price
$1,145,000
Premium/Discount to List
-$50,000
-4.18%
Views
22
Current Estimated Value
$1,234,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,029
Avg. Annual Appreciation
7.18%
Original Mortgage
$920,000
Outstanding Balance
$909,549
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$324,480

Purchase Details

Closed on
Sep 8, 2006
Sold by
102 Partners Llc
Bought by
Choudhury Jubair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
521 E 148 Llc $1,150,000 Old Republic National Title In
Choudhury Jubair $649,000 --
Choudhury Jubair $649,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 521 E 148 Llc $920,000
Previous Owner Choudhury Jubair $649,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $1,145,000 0.0% $318 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
01/18/2025 01/18/25 Off Market $1,145,000 -- --
09/23/2024 09/23/24 For Sale $1,195,000 -- $331 / Sq Ft
Source: OneKey® MLS

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
2026 $1,101 $72,360 $3,430 $68,930
2025 $1,101 $62,640 $3,933 $58,707
2024 $1,101 $30,498 $3,386 $27,112
2023 $1,101 $65,940 $7,620 $58,320
2022 $1,094 $55,380 $7,620 $47,760
2021 $1,153 $58,140 $7,620 $50,520
2020 $5,702 $50,580 $7,620 $42,960
2019 $5,317 $42,300 $7,620 $34,680
2018 $1,117 $23,977 $5,713 $18,264
2017 $1,117 $22,620 $7,620 $15,000
2016 $1,096 $26,580 $7,620 $18,960
2015 $748 $25,560 $8,460 $17,100
2014 $748 $25,560 $8,460 $17,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6329048

OneKey® MLS

APN: 02275-0141

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