NOT LISTED FOR SALE

725 E 216th St Bronx, NY 10467

Williamsbridge Neighborhood

Estimated Value: $1,033,000 - $1,120,000

8 Beds
6 Baths
3,330 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $980,000 $294 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,364/month

346 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • 4-minute walk to 219 Street

About This Home

As of September 2024

This well maintained legal 3 family home in the Williamsbridge section of The Bronx is conveniently located to the 2 & 5 trains. The 1st floor unit has 2 bedrooms with 2 full baths, and the 2nd & 3rd floor units have 3 bedrooms with 2 full baths. Finished basement with access that leads to backyard. New water Heaters and boilers installed in 2018, 2021 & 2022 (one per unit). Rents are below market value and tenants are month to month. This property has the potential to be extremely profitable, you definitely don't want to miss out!

Last Agent to Sell the Property

Alexis Clavijo

Howard Hanna Rand Realty Brokerage Phone: (914) 328-0333 License #10401342553 Listed on: 04/28/2023

Howard Hanna Rand Realty

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,194

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls

Home Design

  • 3,330 Sq Ft Home
  • Tri-Level Property
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Utilities

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

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 046640136

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,194

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Tri-Level
  • Property SubType: Multi Family
  • Year Built: 2005
  • Attribution Contact: (914) 328-0333
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 6
  • Basement: Finished
  • Total Bedrooms: 8
  • Living Area: 3330
  • SquareFootage: 3330.00
  • SquareFootageSource: Other

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: None

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Parcel Number: 046640136
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 8194
  • Tax Map Number: 046640136

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
Apr 28, 2023
Closed on
Sep 30, 2024
Sold by
Armstrong Arlene
Bought by
Babalola Esther and Babalola Babalola
Seller's Agent
Alexis Clavijo
Howard Hanna Rand Realty
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$1,150,000
Sold Price
$980,000
Premium/Discount to List
-$170,000
-14.78%
Views
160
Current Estimated Value
$1,075,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,338
Avg. Annual Appreciation
7.84%
Original Mortgage
$784,000
Outstanding Balance
$774,207
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,131

Purchase Details

Closed on
Aug 30, 2006
Sold by
Homestar Development Bronx Ii Llc
Bought by
Armstrong Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Babalola Esther $980,000 --
Armstrong Arlene $699,000 --
Armstrong Arlene $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babalola Esther $784,000
Previous Owner Armstrong Arlene $559,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $980,000 -6.7% $294 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
10/07/2023 10/07/23 Price Changed $1,050,000 -8.7% $315 / Sq Ft
04/28/2023 04/28/23 For Sale $1,150,000 -- $345 / 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 $8,755 $46,208 $10,188 $36,020
2024 $8,755 $43,592 $10,149 $33,443
2023 $8,352 $41,126 $8,381 $32,745
2022 $8,055 $49,500 $10,980 $38,520
2021 $8,491 $47,040 $10,980 $36,060
2020 $8,151 $40,980 $10,980 $30,000
2019 $7,599 $42,240 $10,980 $31,260
2018 $6,986 $34,272 $9,196 $25,076
2017 $6,854 $33,624 $10,554 $23,070
2016 $6,722 $33,624 $10,005 $23,619
2015 $3,623 $32,089 $9,825 $22,264
2014 $3,623 $30,273 $10,269 $20,004
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alexis Clavijo

    Howard Hanna Rand Realty

    Section Image

  • N

    Buyer's Agent in 2024

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6243840

OneKey® MLS

APN: 04664-0136

New York Bronx County Bronx 10467 Williamsbridge

725 E 216th St, Bronx, NY

Not Listed for Sale

MultiFamily

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