NOT LISTED FOR SALE

523 E 187th St Bronx, NY 10458

Belmont Neighborhood

Estimated Value: $1,219,000 - $1,658,562

14 Beds
3 Baths
3,940 Sq Ft
$364/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $1,500,000 $381 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,287/month

47 Days on Market

Highlights

  • Window Unit Cooling System
  • Hot Water Heating System
  • 4-minute walk to Ciccarone Park

About This Home

As of February 2023

SELLER FINANCING IS AN OPTION. SELLER WOULD BEAT YOUR BANK'S INTEREST RATE! Legal 3 family in the Little Italy section provides over 3,900 sq ft. The home features two 5 bedroom apts, one 4 bedroom apt, and a finished walkout bsmt. This property has the potential to generate over $10k a month in income. Zoned R6, it provides additional air rights providing an opportunity to re-develop. This location is ideal. It is a couple of blocks from Fordham University ( which may provide you additional rental opportunities), the Metro North station providing a quick commute into NYC, and the famed Little Italy where you can find amazing food, and shops.

Last Agent to Sell the Property

Kenneth Fuentes

Keller Williams Realty NYC Grp License #10401214433 Listed on: 12/10/2022

Keller Williams Realty NYC Grp

Co-Listed By

Annecy Done

Keller Williams Realty NYC Grp License #10401276948

Last Buyer's Agent

Tripti Ghosh

LAFFEY REAL ESTATE License #30GH0814246

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,053

Year Built

  • Built in 1904

Lot Details

  • 2,500 Sq Ft Lot
  • No Common Walls

Home Design

  • 3,940 Sq Ft Home

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 03057-0040

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,053

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1904
  • Attribution Contact: 718-697-6800
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 14
  • Living Area: 3940.00
  • Square Footage: 3940.00

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Garbage Removal: Public
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Sewer: Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0600
  • Lot Size Area: 0.0600
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: Acres
  • Parcel Number: 03057-0040
  • Property Attached: No

Rental Info

  • Hold Start Date: 2022-12-17

Tax Info

  • Close Date: 2023-02-23
  • Tax Annual Amount: 5053.00
  • Tax Map Number: 03057-0040

Multi Family

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

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: City of New York

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Feb 22, 2023
Sold by
Niki K Llc
Bought by
Sandhills 5 Llc
Seller's Agent
Kenneth Fuentes
Keller Williams Realty NYC Grp
Buyer's Agent
Kenneth Fuentes
Keller Williams Realty NYC Grp
List Price
$1,499,000
Sold Price
$1,500,000
Premium/Discount to List
$1,000
0.07%
Current Estimated Value
$1,435,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,859
Avg. Annual Appreciation
-5.38%
Original Mortgage
$1,350,000
Outstanding Balance
$1,309,137
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$3,532

Purchase Details

Closed on
Jul 20, 2016
Sold by
Igbinovia Christian and Oviasu Helen
Bought by
Niki K Llc

Purchase Details

Closed on
Nov 8, 2006
Sold by
Oviasu Helen
Bought by
Igbinovia Christian and Oviasu Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,449
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2000
Sold by
Clayton National Inc
Bought by
Oviasu Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.13%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sandhills 5 Llc $1,500,000 --
Niki K Llc $675,000 --
Igbinovia Christian -- --
Oviasu Helen $160,000 Titleserv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhills 5 Llc $1,350,000
Previous Owner Igbinovia Christian $8,449
Previous Owner Igbinovia Christian $306,449
Previous Owner Oviasu Helen $31,161
Previous Owner Oviasu Helen $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $1,500,000 0.0% $381 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
12/17/2022 12/17/22 Off Market $1,500,000 -- --
12/10/2022 12/10/22 For Sale $1,499,000 -- $380 / 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 $5,615 $29,632 $4,289 $25,343
2024 $5,615 $27,955 $4,820 $23,135
2023 $5,357 $26,375 $4,361 $22,014
2022 $4,967 $60,360 $9,900 $50,460
2021 $5,237 $57,360 $9,900 $47,460
2020 $5,227 $54,420 $9,900 $44,520
2019 $4,873 $46,080 $9,900 $36,180
2018 $4,480 $21,979 $5,462 $16,517
2017 $4,227 $20,736 $7,280 $13,456
2016 $4,145 $20,736 $8,662 $12,074
2015 $2,359 $20,578 $7,595 $12,983
2014 $2,359 $19,414 $6,087 $13,327
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Fuentes

    Seller's Agent in 2023

    Kenneth Fuentes

    Keller Williams Realty NYC Grp

    (917) 335-6920

    1 in this area

    77 Total Sales

    Kenneth Fuentes
    Section Image

  • A

    Seller Co-Listing Agent in 2023

    Annecy Done

    Keller Williams Realty NYC Grp

    (917) 684-1364

    1 in this area

    37 Total Sales

    Annecy Done
    Section Image

  • T

    Buyer's Agent in 2023

    Tripti Ghosh

    LAFFEY REAL ESTATE

    1 in this area

    52 Total Sales

    Tripti Ghosh
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6223735

OneKey® MLS

APN: 03057-0040

New York Bronx County Bronx 10458 Belmont

523 E 187th St, Bronx, NY

This home is located at 523 E 187th St, Bronx, NY 10458 since 10 December 2022 and is currently estimated at $1,435,141, approximately $364 per square foot. This property was built in 1904. 523 E 187th St is a home located in Bronx County with nearby schools including The Ps 59 Community School of Technology, Jhs 118 William W Niles, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes