NOT LISTED FOR SALE

586 E 165th St Bronx, NY 10456

Morrisania Neighborhood

Estimated Value: $1,014,000 - $1,172,000

8 Beds
3 Baths
3,063 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $940,000 $307 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,356/month

18 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Level Lot

About This Home

As of May 2023

Fantastic Investment, that can provide a great source of passive income and or rent-free living. This 3 / 3 / 2 Three family w/ fully finished walk out basement located in an up-and-coming section of the Bronx WILL NOT LAST. This multi- family is near public transportation, the 3rd Ave shopping district, and minutes away from Manhattan and Yankee Stadium. The property has one covered parking space and room for 2 others. Back yard space is fenced and paved. THIS WILL GO! BuildingAreaSource: Public Records,

Last Agent to Sell the Property

Abel Brea

YourHomeSold Guaranteed Realty Brokerage Phone: (718) 324-6060 License #10401369967 Listed on: 02/11/2023

YourHomeSold Guaranteed Realty

Last Buyer's Agent

Zoila Sanchez

House Hunt Realty Corp License #10301218233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,387

Year Built

  • Built in 1996

Lot Details

  • 2,614 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Finished Basement

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

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 026220012

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,387

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1996
  • Attribution Contact: (718) 324-6060
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 8
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Total Parking Spaces: 2
  • Attached Garage: No
  • Garage: No
  • Parking Description: Assigned

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Features: Level
  • Parcel Number: 026220012
  • Property Attached: Yes

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 8387
  • Tax Map Number: 026220012

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
Apr 7, 2025
Sold by
Calle Jason D and Guaman Victor
Bought by
Calle Jason D
Current Estimated Value
$1,076,439

Purchase Details

Listed on
Feb 11, 2023
Closed on
May 10, 2023
Sold by
Clarke Hazel and Salazar Hazel
Bought by
Calle Jason D and Guaman Victor
Seller's Agent
Abel Brea
YourHomeSold Guaranteed Realty
Buyer's Agent
Zoila Sanchez
House Hunt Realty Corp
List Price
$940,000
Sold Price
$940,000
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$752,000
Outstanding Balance
$730,629
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$345,810

Purchase Details

Closed on
May 1, 1997
Sold by
Nyc Partnership Housing Development Fund
Bought by
Salazar Silvio and Clarke Hazel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Nyc Partnership Housing Development Fund
Bought by
Daley Garfield and Mckenley Daley Maxine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 1997
Sold by
Nyc Partnership Housing Development Fund
Bought by
Rowe Sydney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
7.19%
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
Calle Jason D -- --
Calle Jason D $940,000 --
Salazar Silvio $329,000 Title Associates
Salazar Silvio $329,000 Title Associates
Daley Garfield $327,500 Title Associates Inc
Daley Garfield $327,500 Title Associates Inc
Rowe Sydney $329,000 Title Associates
Rowe Sydney $329,000 Title Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calle Jason D $752,000
Previous Owner Salazar Silvio $204,800
Previous Owner Daley Garfield $203,250
Previous Owner Rowe Sydney $199,150
Closed Rowe Sydney $72,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2023 05/10/23 Sold $940,000 0.0% $307 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $940,000 -- $307 / 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 $8,792 $43,891 $7,117 $36,774
2024 $8,792 $43,776 $7,582 $36,194
2023 $8,387 $41,299 $7,175 $34,124
2022 $7,819 $55,380 $10,080 $45,300
2021 $8,140 $53,640 $10,080 $43,560
2020 $7,742 $49,740 $10,080 $39,660
2019 $7,631 $40,080 $10,080 $30,000
2018 $7,016 $34,416 $8,800 $25,616
2017 $6,654 $32,640 $10,080 $22,560
2016 $5,998 $32,234 $9,936 $22,298
2015 $3,117 $30,480 $11,220 $19,260
2014 $3,117 $30,400 $11,190 $19,210
Source: Public Records

Agents Affiliated with this Home

  • Abel Brea

    Seller's Agent in 2023

    Abel Brea

    YourHomeSold Guaranteed Realty

    (718) 324-6060

    1 in this area

    31 Total Sales

    Abel Brea
    Section Image

  • Z

    Buyer's Agent in 2023

    Zoila Sanchez

    House Hunt Realty Corp

    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6232294

OneKey® MLS

APN: 02622-0012

New York Bronx County Bronx 10456 Morrisania

586 E 165th St, Bronx, NY

Not Listed for Sale

MultiFamily

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