$801,500
SOLD NOV 15, 2024
6 Beds
3 Baths
1,932 Sq Ft
1,568 Sq Ft Lot

Recently Sold

$415 Per Sq Ft

13% Below List Price

78 Days on Market

About This Home

As of November 2024

Just two train stops away from Manhattan and both East and West sides of Manhattan accessible through two different train lines (2 and 5), this solid brick two family property offers a perfect opportunity for the owner to live in one unit and collect rent from the 2nd unit. Or rent out both units and have a net-positive cash flow while the property values appreciate. In either case, 678 Union Ave is a solid investment and offers three stories which were renovated top to bottom in 2014. Lots of new development sprucing up in the area and property values have been on a steady rise. Currently basement is vacant. 1st floor is rented for long time to two sisters paying 1700 cash. No lease. Top floor duplex lease just signed on July 15 for 6 months for a family whose house was damaged in fire and insurance will pay their rent at $3,800. Entire house offers stunning hardwood floors, stainless steel appliances, plenty of natural light and modern kitchens and bathrooms. This is the property you've been waiting for! Don't miss out.

Last Agent to Sell the Property

Ismail Kolya

eXp Realty Brokerage Phone: 914-215-1540 License #10301218725 Listed on: 06/04/2024

eXp Realty

Last Buyer's Agent

Timothy Wilson

Premier Regency Realty LLC License #40WI1024583

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 1901

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 02675-0010

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,703

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1901
  • Attribution Contact: 914-215-1540
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Basement YN: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Description: None

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Building Area Total: 1932
  • Parcel Number: 02675-0010
  • Property Attached: Yes

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2703
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Nov 13, 2024
Sold by
Bronxprop Llc
Bought by
Kora Mariama
Seller's Agent
Ismail Kolya
eXp Realty
Buyer's Agent
Timothy Wilson
Premier Regency Realty LLC
List Price
$920,000
Sold Price
$801,500
Premium/Discount to List
-$118,500
-12.88%
Current Estimated Value
$830,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,160
Avg. Annual Appreciation
2.82%
Original Mortgage
$733,973
Outstanding Balance
$728,897
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,540

Purchase Details

Closed on
Nov 23, 2021
Sold by
Martoral Jacqueline
Bought by
Bronxprop Llc

Purchase Details

Closed on
Aug 7, 2015
Sold by
Homes Forever 1 Corp
Bought by
Martoral Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2013
Sold by
Eden Enterprise Holding Corp
Bought by
Homes Forever 1 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2013
Sold by
Cevallos Maria A and Montalvo Miguel
Bought by
Montalvo Maria A and Montalvo Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $801,500 --
Deed -- --
Deed -- --
Deed $450,000 --
Deed $450,000 --
Deed $170,000 --
Deed $170,000 --
Deed -- --
Deed $80,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $733,973 Purchase Money Mortgage
Previous Owner $502,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $427,500 New Conventional
Previous Owner $13,500 No Value Available
Previous Owner $160,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $801,500 -12.9% $415 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $920,000 -- $476 / 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 $2,784 $13,862 $2,071 $11,791
2024 $2,784 $13,862 $1,877 $11,985
2023 $2,703 $13,310 $2,039 $11,271
2022 $2,507 $37,500 $6,840 $30,660
2021 $2,577 $32,160 $6,840 $25,320
2020 $2,445 $34,260 $6,840 $27,420
2019 $2,417 $27,600 $6,840 $20,760
2018 $2,261 $11,092 $2,368 $8,724
2017 $2,133 $10,465 $2,896 $7,569
2016 $2,040 $10,204 $3,590 $6,614
2015 $971 $9,627 $3,660 $5,967
2014 $971 $9,627 $3,773 $5,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6309539

OneKey® MLS

APN: 02675-0010