NOT LISTED FOR SALE

5728 Faraday Ave Bronx, NY 10471

Estimated Value: $1,148,000 - $1,296,000

6 Beds
4 Baths
4,095 Sq Ft
$301/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $999,950 $244 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,433/month

143 Days on Market

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Hot Water Heating System
  • P.S. 81 - Robert J. Christen Rated A-
  • Park

About This Home

As of November 2023

LOCATION! LOCATION! LOCATION! Come to see this brick detached multi-family home located in the Riverdale section of the Bronx. This unit includes separate storage Steps to all shopping on Riverdale Ave with tons of restaurants, coffee shops, banks, pharmacies, and supermarkets. Near Parks, Henry Hudson Parkway, and local/ express buses right outside for an easy commute to trains and NYC.

Last Agent to Sell the Property

Chintan Trivedi

RE/MAX In The City Brokerage Phone: (917) 637-0161 License #10311203986 Listed on: 04/21/2023

RE/MAX In The City

Last Buyer's Agent

Chintan Trivedi

RE/MAX In The City Brokerage Phone: (917) 637-0161 License #10311203986 Listed on: 04/21/2023

RE/MAX In The City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,533

Year Built

  • Built in 1930

Lot Details

  • 2,657

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,095 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • No Common Walls
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 05853-2201

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,533

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1930
  • Attribution Contact: (917) 637-0161
  • Village: Riverdale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 4095
  • SquareFootage: 4095.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Features: Near Public Transit
  • Parcel Number: 05853-2201
  • Property Attached: No

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 11533
  • Tax Map Number: 05853-2201
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Oct 31, 2023
Sold by
O'Brien Anastasia F
Bought by
Garcia Henry S. Sanchez
Seller's Agent
Chintan Trivedi
RE/MAX In The City
Buyer's Agent
Chintan Trivedi
RE/MAX In The City
List Price
$1,100,000
Sold Price
$999,950
Premium/Discount to List
-$100,050
-9.1%
Views
155
Current Estimated Value
$1,236,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,848
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,021,448
Outstanding Balance
$1,003,866
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,435

Purchase Details

Closed on
Aug 7, 1998
Sold by
Piepho Margaret
Bought by
Obrien Anastasia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Garcia Henry S. Sanchez $999,950 --
Obrien Anastasia F $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Henry S. Sanchez $1,021,448
Previous Owner Obrien Anastasia F $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $999,950 0.0% $244 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $999,900 -9.1% $244 / Sq Ft
04/21/2023 04/21/23 For Sale $1,100,000 -- $269 / 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 $11,662 $60,653 $8,227 $52,426
2024 $11,662 $58,061 $8,368 $49,693
2023 $11,507 $58,061 $8,054 $50,007
2022 $11,050 $91,860 $11,760 $80,100
2021 $10,972 $74,580 $11,760 $62,820
2020 $10,403 $74,940 $11,760 $63,180
2019 $9,829 $60,420 $11,760 $48,660
2018 $9,565 $48,384 $9,040 $39,344
2017 $9,348 $47,325 $11,409 $35,916
2016 $8,615 $44,647 $11,439 $33,208
2015 $5,420 $42,120 $13,080 $29,040
2014 $5,420 $40,320 $13,080 $27,240
Source: Public Records

Agents Affiliated with this Home

  • Chintan Trivedi

    Seller's Agent in 2023

    Chintan Trivedi

    RE/MAX

    (929) 222-4200

    189 Total Sales

    Chintan Trivedi
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6237438

OneKey® MLS

APN: 05853-2201

New York Bronx County Bronx 10471

5728 Faraday Ave, Bronx, NY

Not Listed for Sale

MultiFamily

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