NOT LISTED FOR SALE

741 Crotona Park N Unit 743,747 Bronx, NY 10457

Crotona Park East Neighborhood

Estimated Value: $408,000 - $855,000

11 Beds
7.5 Baths
5,253 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $1,950,000 $371 Per Sq Ft

Current estimated payment $3,411/month

36 Days on Market

Highlights

  • Property is near public transit
  • Eat-In Kitchen
  • Park
  • Formal Dining Room
  • Window Unit Cooling System
  • 3-minute walk to Fairmont Playground

About This Home

As of April 2020

Attention builders!!! Package deal of 3 existing residential multi-family units in R7-1 zoning of Bronx. 23,736 buildable square footage as per FAR. You can build 35-40 units depending on parking facilities. Motivated seller. Bring all offers with proof of funds or pre-approval.

Last Agent to Sell the Property

Anil Soman

Houlihan Lawrence Inc. License #10301203879 Listed on: 07/02/2019

Houlihan Lawrence Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,253

Year Built

  • Built in 1901

Lot Details

  • No Common Walls
  • Fenced
  • Sloped Lot

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Stucco

Interior Spaces

  • 5,253 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 11 Bedrooms

Partially Finished Basement

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

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Radiant Heating System
  • Natural Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 02948-0054

Community Details

Overview

  • 5 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,253

Year Built

Built in 1901

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1901
  • Attribution Contact: 914-909-9100
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Formal Dining Room, Entrance Foyer
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 8
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 11
  • Living Area: 5253.00
  • Square Footage: 5253.00

Exterior Features

  • Construction Materials: Stucco
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Driveway, Garage, Off Street, On Street

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Oil, Baseboard, Hot Water, Radiant
  • Hot Water: Fuel Oil Stand Alone, Gas Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Trash Collection, Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Call Listing Agent
  • Middle School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School: Call Listing Agent

Lot Info

  • Lot Dimensions: 0.0528
  • Lot Size Units: Acres
  • Lot Features: Sloped, Near Public Transit
  • Parcel Number: 02948-0054
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas

Tax Info

  • Close Date: 2020-04-17
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 5253.00
  • Tax Map Number: 02948-0054

Multi Family

  • Units Total: 5
  • 1 Bedrooms: 1
  • Two Bedrooms: 3
  • Four Bedrooms: 1
  • Separate Electric Meters: 5
  • Separate Gas Meters: 5

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
Jul 2, 2019
Closed on
Mar 11, 2020
Sold by
642 Eagle Corp
Bought by
Crotona Park North Plus Llc
Seller's Agent
Anil Soman
Houlihan Lawrence Inc.
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$604,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,345,070
Avg. Annual Appreciation
-18.27%

Purchase Details

Closed on
Feb 16, 2018
Sold by
Nwankwo Emmanuel O
Bought by
642 Eagle Corp and Attn: Andrew Shlomovich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Cruz Carmen and Cruz Hector
Bought by
Nwankwo Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 1983
Sold by
Lopez Gloria
Bought by
Cruz Carmen
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 Buyer Sale Price Title Company
Crotona Park North Plus Llc $490,000 --
642 Eagle Corp $470,000 --
Nwankwo Emmanuel $275,000 --
Cruz Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crotona Park North Plus Llc $19,340,088
Closed Crotona Park North Plus Llc $3,043,673
Closed Crotona Park North Plus Llc $2,300,000
Previous Owner 642 Eagle Corp $352,500
Previous Owner Nwankwo Emmanuel O $5,372
Previous Owner Nwankwo Emmanuel $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $1,950,000 0.0% $371 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/02/2019 07/02/19 For Sale $1,950,000 -- $371 / 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 $1,385 $7,309 $7,309 --
2024 $1,385 $6,895 $6,895 $0
2023 $1,321 $6,505 $6,505 $0
2022 $1,225 $11,280 $11,280 $0
2021 $1,219 $31,740 $11,280 $20,460
2020 $1,216 $31,020 $11,280 $19,740
2019 $1,134 $27,480 $11,280 $16,200
2018 $1,042 $5,114 $2,949 $2,165
2017 $984 $4,825 $3,172 $1,653
2016 $965 $4,825 $3,240 $1,585
2015 $549 $4,786 $2,447 $2,339
2014 $549 $4,516 $1,964 $2,552
Source: Public Records

Agents Affiliated with this Home

  • Anil Soman

    Seller's Agent in 2020

    Anil Soman

    Houlihan Lawrence Inc.

    (914) 906-6762

    45 Total Sales

    Anil Soman
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Map

Source: OneKey® MLS

MLS Number: KEY4975161

OneKey® MLS

APN: 02948-0054

New York Bronx County Bronx 10457 Crotona Park East

741 Crotona Park N Unit 743,747, Bronx, NY

This home is located at 741 Crotona Park N Unit 743,747, Bronx, NY 10457 since 02 July 2019 and is currently estimated at $604,930, approximately $115 per square foot. This property was built in 1901. 741 Crotona Park N Unit 743,747 is a home located in Bronx County with nearby schools including Ps 44 David C Farragut, P.S. 214, and Children's Aid College Preparatory Charter School.

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