NOT LISTED FOR SALE

713 E 239th St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $469,000 - $1,243,000

8 Beds
3 Baths
3,300 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $1,168,000 $354 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $5,861/month

77 Days on Market

Highlights

  • 0.1 Acre Lot
  • 3-minute walk to Nereid Avenue
  • Wood Flooring
  • Colonial Architecture
  • Property is near public transit
  • Corner Lot

About This Home

As of May 2024

Let me bring your attention to an exceptional real estate opportunity at 713 East 239 Street currently consists of two 3Brs and one 2Brs units with walkout basement. This property stands out due to its grandfathered residential multi-family status, providing a rare chance for a strategic investment. Situated in a prime location, the property holds immense potential for those looking to diversify and capitalize on the growing commercial landscape in the area. The neighborhood is characterized by a thriving commercial sector, making 713 East 239 Street a valuable asset with the prospect of transforming into a lucrative commercial building. This distinct feature provides the freedom to explore various possibilities for development, making it an ideal canvas for those seeking to build a commercial structure tailored to their specific needs. Surrounded by established commercial properties, the location further enhances the appeal of this investment. The synergy with neighboring businesses and the existing commercial ecosystem creates a conducive environment for success. I invite you to consider this opportunity and explore the potential it holds for your investment portfolio. Current total income is around $10,000/month.

Last Agent to Sell the Property

Stanley Mathew

CENTURY 21 ROYAL Brokerage Phone: (914) 722-0700 License #40MA1113830 Listed on: 12/19/2023

Last Buyer's Agent

Stanley Mathew

CENTURY 21 ROYAL Brokerage Phone: (914) 722-0700 License #40MA1113830 Listed on: 12/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,527

Year Built

  • Built in 1910

Lot Details

  • 4,143 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,300 Sq Ft Home
  • Wood Flooring
  • Finished Basement
  • Walk-Out Basement
  • Home Security System
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 05084-0001

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,527

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Colonial
  • Property SubType: Multi Family
  • Year Built: 1910
  • Attribution Contact: (914) 722-0700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 8
  • Living Area: 3300
  • SquareFootage: 3300.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Frame, Brick
  • Fencing: Fenced

Garage/Parking

  • Total Parking Spaces: 4
  • Attached Garage: No
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Description: Detached, 2 Car Detached

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Security: Security System
  • Sewer: 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 Size Acres: 0.1
  • Lot Size Sq Ft: 4143
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Near Public Transit
  • Parcel Number: 05084-0001
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf1Bedrooms: 0
  • NumberOf2Bedrooms: 1
  • NumberOf3Bedrooms: 2
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 8527
  • Tax Map Number: 05084-0001
  • 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

Listed on
Dec 19, 2023
Closed on
May 10, 2024
Sold by
Hutchinson Clement and Hutchinson Tishonna
Bought by
East 239 St Realty Llc
Seller's Agent
Stanley Mathew
CENTURY 21 ROYAL
Buyer's Agent
Stanley Mathew
CENTURY 21 ROYAL
List Price
$1,499,000
Sold Price
$1,168,000
Premium/Discount to List
-$331,000
-22.08%
Views
67
Current Estimated Value
$979,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,211
Avg. Annual Appreciation
-10.16%
Original Mortgage
$1,168,000
Outstanding Balance
$1,151,435
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$171,646

Purchase Details

Closed on
Apr 14, 2022
Sold by
Hutchinson Clement
Bought by
Hutchinson Clement and Hutchinson Tishonna

Purchase Details

Closed on
Mar 11, 2022
Sold by
E & T Island Properties Llc
Bought by
Hutchinson Clement

Purchase Details

Closed on
Jan 13, 2020
Sold by
Houdhan Nicola and Hutchinson Clement
Bought by
E & T Island Properties Llc

Purchase Details

Closed on
Feb 17, 2016
Sold by
Houdhan Nicola
Bought by
Houdhan Nicola and Hutchinson Clement

Purchase Details

Closed on
Dec 18, 2015
Sold by
May Uhart
Bought by
Houdhan Nicola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,662
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
East 239 St Realty Llc $1,168,000 --
East 239 St Realty Llc $1,168,000 --
Hutchinson Clement -- --
Hutchinson Clement -- --
Hutchinson Clement -- --
E & T Island Properties Llc -- --
E & T Island Properties Llc -- --
Houdhan Nicola -- --
Houdhan Nicola -- --
Houdhan Nicola $550,000 --
Houdhan Nicola $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open East 239 St Realty Llc $1,168,000
Closed East 239 St Realty Llc $1,168,000
Previous Owner Houdhan Nicola $503,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $1,168,000 0.0% $354 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/27/2024 02/27/24 Off Market $1,168,000 -- --
02/18/2024 02/18/24 Price Changed $999,000 -33.4% $303 / Sq Ft
12/19/2023 12/19/23 For Sale $1,499,000 -- $454 / 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 $8,725 $45,878 $13,184 $32,694
2024 $8,725 $44,506 $13,708 $30,798
2023 $8,527 $41,987 $11,187 $30,800
2022 $7,908 $52,980 $13,380 $39,600
2021 $8,332 $44,220 $13,380 $30,840
2020 $8,093 $43,020 $13,380 $29,640
2019 $7,758 $42,480 $13,380 $29,100
2018 $7,132 $34,989 $12,687 $22,302
2017 $6,729 $33,009 $13,075 $19,934
2016 $6,595 $32,992 $13,352 $19,640
2015 $3,756 $31,860 $11,160 $20,700
2014 $3,756 $30,907 $11,119 $19,788
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stanley Mathew

    CENTURY 21 ROYAL

    (845) 300-8458

    1 in this area

    26 Total Sales

    Stanley Mathew
    Section Image
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Map

Source: OneKey® MLS

MLS Number: KEY6281507

OneKey® MLS

APN: 05084-0001

New York Bronx County Bronx 10466 Wakefield

713 E 239th St, Bronx, NY

Not Listed for Sale

MultiFamily

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