NOT LISTED FOR SALE
-- Bed
-- Bath
20,000 Sq Ft
1913 Built

Last Sold March 23, 2016

Last sale price $2,200,000 $110 Per Sq Ft

469 Days on Market

About This Home

As of March 2016

Douglas Elliman Commercial has been retained on an exclusive basis to market 735 E. 182nd Street, located in the Belmont section of the Bronx and mere steps away from the Southern Boulevard entrance to The Bronx Zoo. The property is a 50' wide, 5-story plus building, currently consisting of twenty (20) leased residential units. The residential units are configured as ten (10) two-bedroom apartments, five (5) three-bedroom units and five (5) one-bedroom units. Each unit is individually metered for gas and electric service. Built in 1913 and under current ownership since 1975, the property benefits from its proximity to major historic Bronx destinations such as The Bronx Zoo and The Arthur Avenue Retail Corridor, a desirable unit mix, and potential upside in the current rents with some units currently renting below at or below $1,000 per month. This asset presents an investor with the opportunity to own a turn-key investment in a rapidly evolving neighborhood in the Bronx. Please call or email today for additional information.

Last Agent to Sell the Property

William Etheridge

Douglas Elliman Real Estate License #10301214627 Listed on: 11/06/2014

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Home Design

  • 20,000 Sq Ft Home
  • Pre War Building

Community Details

  • 20 Units
  • Belmont Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 3099

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Prospect Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: BELMONT
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Living Area: 20000.0
  • Living Area Units: Square Feet

Utilities

  • Heating: Building Natural Gas

Building Info

  • Units: 20
  • Total Stories: 5
  • Year Built: 1913

Tax Info

  • Tax Block: 3099
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $2,200,000 -29.0% $110 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
11/09/2014 11/09/14 For Sale $3,100,000 -- $155 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $49,114 $494,550 $78,750 $415,800
2024 $49,114 $469,530 $78,750 $390,780
2023 $57,785 $471,060 $78,750 $392,310
2022 $55,078 $549,450 $78,750 $470,700
2021 $48,842 $476,550 $78,750 $397,800
2020 $44,487 $434,700 $78,750 $355,950
2019 $39,751 $400,500 $78,750 $321,750
2018 $35,394 $392,850 $18,000 $374,850
2017 $29,762 $286,200 $18,000 $268,200
2016 $26,779 $269,100 $18,000 $251,100
2015 $15,166 $227,250 $18,000 $209,250
2014 $15,166 $216,000 $18,000 $198,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10060695

Real Estate Board of New York (REBNY)
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