NOT LISTED FOR SALE

5450 Post Rd Bronx, NY 10471

Estimated Value: $1,256,000 - $1,699,000

9 Beds
4.5 Baths
3,162 Sq Ft
$481/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $1,295,000 $410 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,495/month

175 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • P.S. 81 - Robert J. Christen Rated A-
  • Park
  • Stone Wall

About This Home

As of May 2017

Fully occupied legal 4 family situated in one of the hottest area in Riverdale surrounded by all the top schools. Legally sub-dividable and one of the lots is suitable to build a single family home. Option 1. Live in one of the apartments and rent out the other 3 units as an investment Option 2 Use the extra lot to build a single family home and rent out the 4 units as an investment Option 3 sell the single lot and rent out the 4 units as an investment The options within this property has unlimited potential Great opportunity to own and realize your vision. Property like this will not last long so make sure you call today for a viewing.

Last Agent to Sell the Property

Fred Golden

Douglas Elliman Real Estate Brokerage Phone: 718-884-5815 License #10301203022 Listed on: 09/21/2016

Douglas Elliman Real Estate

Last Buyer's Agent

Fred Golden

Douglas Elliman Real Estate Brokerage Phone: 718-884-5815 License #10301203022 Listed on: 09/21/2016

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,828

Year Built

  • Built in 1920

Lot Details

  • 6,273 Sq Ft Lot
  • No Common Walls
  • Stone Wall
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,162 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 9 Bedrooms

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 05841-1969

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,828

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 1920
  • Attribution Contact: 718-884-5815
  • Co List Office Mls Id: ONEDOUGEL06
  • Co List Office Phone: 718-884-5815
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 9
  • Living Area: 3162
  • SquareFootage: 3162.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick, Frame

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 4

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.1440
  • Lot Size Sq Ft: 6273
  • Lot Size Units: Acres
  • Lot Features: Level, Stone/Brick Wall, Near Public Transit
  • Parcel Number: 05841-1969
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 5
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf2Bedrooms: 2
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 1

Tax Info

  • Tax Annual Amount: 12828
  • Tax Map Number: 05841-1969
  • IncludedInTaxes: Sewer,Trash

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
Sep 21, 2016
Closed on
May 24, 2017
Sold by
Wang Qijun and Xiao Zhengjun
Bought by
River Rainbow Real Property Llc
Seller's Agent
Fred Golden
Douglas Elliman Real Estate
Buyer's Agent
Fred Golden
Douglas Elliman Real Estate
List Price
$1,399,000
Sold Price
$1,295,000
Premium/Discount to List
-$104,000
-7.43%
Current Estimated Value
$1,524,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,667
Avg. Annual Appreciation
1.89%

Purchase Details

Closed on
Jun 14, 2012
Sold by
Rochdi Ali
Bought by
Wang Qijun and Xiao Zhengjun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 1998
Sold by
Zuk Olga
Bought by
Zuk Orest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
River Rainbow Real Property Llc $1,294,000 --
River Rainbow Real Property Llc $1,294,000 --
Wang Qijun $800,000 --
Wang Qijun $800,000 --
Zuk Orest -- Chicago Title Insurance Co
Rochdi Ali $299,000 Chicago Title Insurance Co
Rochdi Ali $299,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wang Qijun $400,000
Previous Owner Rochdi Ali $239,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $1,295,000 -7.4% $410 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $1,399,000 -- $442 / 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 $18,356 $146,827 $67,095 $79,732
2024 $18,356 $146,827 $79,258 $67,569
2023 $17,411 $141,930 $91,937 $49,993
2022 $16,083 $238,050 $169,650 $68,400
2021 $0 $279,945 $169,650 $110,295
2020 $14,088 $271,800 $169,650 $102,150
2019 $14,245 $273,240 $169,650 $103,590
2018 $13,886 $109,177 $81,343 $27,834
2017 $12,861 $101,116 $81,804 $19,312
2016 $12,072 $93,637 $82,479 $11,158
2015 $7,618 $86,880 $66,708 $20,172
2014 $7,618 $86,880 $71,671 $15,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY4641691

OneKey® MLS

APN: 05841-1969