NOT LISTED FOR SALE

Estimated Value: $936,569 - $1,203,000

11 Beds
6 Baths
3,804 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $880,000 $231 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,127/month

454 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Primary Bedroom
  • Park
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of August 2023

PHENOMENAL income generating INVESTMENT Property with WHAPPING Monthly Rental Income Totaling $6,718 (ALL RENTS UP-TO-DATE: 1stFl/$1850 | 2ndFl/$2324 | 3rdFl/$2544)!!! Landlord's Expenses are nothing more than Real Estate Taxes, Insurance and COLD-WATER ONLY!!! Morrisania Area 3 Family HUGE 3,803 SF Semi-Detached Brick Building Built "2007" offers HUGE APARTMENTS and TENANTS PAYS Gas-Heat & Hot-Water, Cooking Gas and Electric; 4Brm/2Bth | 4Brm/2Bth | 3Brm/2Bth and apartments have large 7ft x 11ft Storage Rooms and Big 6ft x 7ft Laundry Rooms w/Slop Sinks; Modern Kitchens and Large Living rooms in EACH unit; Private rear yard; Driveway Parking; Fire Sprinkler Systems throughout; Roof-Top Boiler Rm with 3 Boilers & 3 Hot-Water Heaters.

Last Agent to Sell the Property

Luis Morales

eXp Realty Brokerage Phone: (646) 337-7284 License #10301202922 Listed on: 04/01/2022

eXp Realty

Last Buyer's Agent

Luis Morales

eXp Realty Brokerage Phone: (646) 337-7284 License #10301202922 Listed on: 04/01/2022

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,364

Year Built

  • Built in 2007

Lot Details

  • 2,740 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 3,804 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Primary Bedroom on Main
  • 6 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway
  • On-Street Parking

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities, cooking gas, electricity, heat
  • Assessor Parcel Number 02607-0057

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,364

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: See Remarks
  • Property SubType: Multi Family
  • Year Built: 2007
  • Attribution Contact: (646) 337-7284
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Master Bath
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Basement: None
  • Total Bedrooms: 11
  • Living Area: 3804
  • SquareFootage: 3804.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Brick, Other
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 1
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway, Other, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Other, Baseboard, Hot Water, See Remarks
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone,See Remarks

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2740
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 02607-0057
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Cooking Gas, Electricity, Heat, See Remarks

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf3Bedrooms: 1
  • NumberOf4Bedrooms: 2

Tax Info

  • Tax Annual Amount: 7364
  • Tax Map Number: 02607-0057
  • 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

Closed on
Dec 7, 2023
Sold by
Weinstock Aidy
Bought by
578 East 166 Llc
Current Estimated Value
$1,043,892

Purchase Details

Listed on
Apr 1, 2022
Closed on
Aug 15, 2023
Sold by
Harvey Lanet and Rivera Lanet
Bought by
Weinstock Aidy
Seller's Agent
Luis Morales
eXp Realty
Buyer's Agent
Luis Morales
eXp Realty
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$660,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2011
Sold by
Harvey Lanet and Rivera Victor M
Bought by
Harvey Lanet and Vasquez Thaina

Purchase Details

Closed on
Jul 15, 2009
Sold by
Harvey Lanet and Vasquez Thaina
Bought by
Harvey Lanet and Rivera Victor M

Purchase Details

Closed on
Sep 16, 2008
Sold by
Sedgwick Development Corp
Bought by
Harvey Lanet and Vasquez Thaina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,857
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2006
Sold by
Stevens Steve
Bought by
Sedgewick Development Corp

Purchase Details

Closed on
Apr 22, 2004
Sold by
Kesy Associates Inc
Bought by
Stevens Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2000
Sold by
The Chase Manhattan Bank and Imc Home Equity Loan Trust 1997-5
Bought by
Kesy Associates Inc

Purchase Details

Closed on
Jun 30, 1997
Sold by
Wica Realty Group Inc
Bought by
Evins Anthony and Evins Georgia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.98%
Mortgage Type
Balloon

Purchase Details

Closed on
May 15, 1997
Sold by
Villanueva Hector
Bought by
Wica Realty Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.98%
Mortgage Type
Balloon

Purchase Details

Closed on
May 9, 1996
Sold by
Epps Antonieta
Bought by
Villanueva Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
8.37%
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
578 East 166 Llc -- --
Weinstock Aidy $880,000 --
Harvey Lanet -- --
Harvey Lanet -- --
Harvey Lanet $630,000 --
Sedgewick Development Corp $430,000 --
Stevens Steve $350,000 --
Kesy Associates Inc $75,000 --
Evins Anthony $120,000 First American Title Ins Co
Wica Realty Group Inc $86,500 First American Title Ins Co
Villanueva Hector $215,625 Stewart Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weinstock Aidy $660,000
Previous Owner Harvey Lanet $608,857
Previous Owner Stevens Steve $280,000
Previous Owner Evins Anthony $102,000
Previous Owner Villanueva Hector $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $880,000 -7.4% $231 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $950,000 0.0% $250 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
09/27/2022 09/27/22 For Sale $950,000 0.0% $250 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $950,000 -- $250 / 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 $7,897 $41,675 $7,412 $34,263
2024 $7,897 $39,316 $7,296 $32,020
2023 $7,533 $37,091 $6,913 $30,178
2022 $6,985 $53,100 $10,500 $42,600
2021 $7,364 $54,240 $10,500 $43,740
2020 $7,351 $47,760 $10,500 $37,260
2019 $6,854 $40,080 $10,500 $29,580
2018 $6,301 $30,909 $8,724 $22,185
2017 $5,944 $29,160 $10,500 $18,660
2016 $6,861 $34,320 $10,500 $23,820
2015 $4,174 $32,880 $11,640 $21,240
2014 $4,174 $31,860 $11,640 $20,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6175927

OneKey® MLS

APN: 02607-0057