$790,000
PENDING $10K PRICE DROP

Estimated payment $4,540/month

Total Views 63
8 Beds
3 Baths
2,295 Sq Ft
$344 Price per Sq Ft

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Garage
  • Property is near public transit
  • Park
  • High Speed Internet

About This Home

Elegant Multi-Unit Residence in Morrisania, South Bronx!

Welcome to 585 E 167th St, Bronx, NY 10456 – a unique multi-family property nestled in the heart of the vibrant Morrisania neighborhood. Perfectly situated for unparalleled convenience, you're just steps away from all essential transportation – be it train, bus, or highway. Dive into the property's dynamic layout, with Unit 1 featuring 2 bedrooms and a bathroom, while Units 2 & 3 each offer 3 spacious bedrooms and a dedicated bathroom. Beyond its interiors, the home boasts coveted amenities: a secure garage, a multifunctional basement, and a serene, beautiful backyard. Amplifying its allure, all units will be delivered vacant at closing, presenting homeowners with unrivaled flexibility and undeniable income opportunities. Claim your spot in South Bronx, where rich culture seamlessly intertwines with modern living conveniences. Additional Information: HeatingFuel:Oil Above Ground,

Listing Agent

Alex Baez

Baez Real Estate, Inc. Brokerage Phone: (914) 239-3630 License #10311209259 Listed on: 09/26/2023

Baez Real Estate, Inc.

Co-Listing Agent

Chris Rivas

Baez Real Estate, Inc. Brokerage Phone: (914) 239-3630 License #10401350893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1901

Lot Details

  • 2,505 Sq Ft Lot
  • Fenced

Home Design

  • Triplex
  • Tri-Level Property
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Partially Finished Basement

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

Parking

  • Garage
  • Public Parking
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Radiant Heating System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02614-0068

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

$4,800

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Levels: Tri-Level
  • Year Built: 1901
  • Attribution Contact: (914) 239-3630
  • Co List Office Mls Id: KEYEXPRLT
  • Co List Office Phone: 888-276-0630
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 790000.00
  • ListPrice_By_OriginalListPrice: 0.98750
  • ListPrice_By_LotSizeAcres: 13739130.4348
  • CurrentPrice_By_BuildingAreaTotal: 344.22658
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, High Speed Internet, Master Downstairs
  • Full Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • Patio and Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Description: Driveway, Garage, On Street, Public Parking

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Oil, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

  • Community Features: Park

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0575
  • Lot Size Sq Ft: 2505
  • Lot Features: Near Public Transit, Near School, Near Shops
  • Parcel Number: 02614-0068
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Gas

Multi Family

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

Tax Info

  • Tax Annual Amount: 4800
  • Tax Year: 2023

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,661 $23,746 $4,855 $18,891
2024 $4,661 $23,208 $5,656 $17,552
2023 $4,713 $23,208 $4,954 $18,254
2022 $4,438 $38,940 $9,900 $29,040
2021 $4,414 $37,980 $9,900 $28,080
2020 $4,189 $33,900 $9,900 $24,000
2019 $4,046 $31,200 $9,900 $21,300
2018 $3,942 $19,340 $6,113 $13,227
2017 $3,777 $18,526 $7,278 $11,248
2016 $3,494 $17,479 $5,838 $11,641
2015 $1,888 $16,490 $5,746 $10,744
2014 $1,888 $16,117 $6,225 $9,892
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2025 08/05/25 Sold $790,000 -1.2% $344 / Sq Ft View Prior Sale
07/16/2025 07/16/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $799,900 +1.3% $349 / Sq Ft
06/29/2025 06/29/25 Off Market $790,000 -- --
05/08/2025 05/08/25 Price Changed $799,900 -1.8% $349 / Sq Ft
04/11/2025 04/11/25 For Sale $814,900 +1.9% $355 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $799,997 -- $349 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $790,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $231,000 --
Deed $231,000 --
Bargain Sale Deed $125,000 Fidelity National Title Ins
Bargain Sale Deed $125,000 Fidelity National Title Ins
Foreclosure Deed $124,000 --
Foreclosure Deed $124,000 --
Interfamily Deed Transfer -- Security Title & Guaranty Co
Interfamily Deed Transfer -- Security Title & Guaranty Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $418,433 Purchase Money Mortgage
Previous Owner $229,111 FHA
Source: Public Records

Source: OneKey® MLS

MLS Number: H6268380

OneKey® MLS

APN: 02614-0068