NOT LISTED FOR SALE

749 E 223rd St Bronx, NY 10466

Wakefield Neighborhood

Estimated Value: $851,360

-- Bed
-- Bath
4,632 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $800,000 $173 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,679/month

194 Days on Market

Highlights

  • 0.09 Acre Lot
  • Hot Water Heating System
  • 3-minute walk to 225 Street

About This Home

As of July 2021

6 family building located in the Wakefield section of the Bronx about a 1/2 block away from White Plains Road. The building consists of 3 one bedroom apartments and 3 two bedroom apartments, each of which having one bathroom. The building was extensively renovated in 2013, getting new stucco, new roof, new tile floor in the lobby, new paint throughout the common areas and five of the six apartments were completely renovated. The sixth apartment was completely renovated in 2020 and is currently vacant. In addition, there is another vacant apartment that was recently refreshed with new paint and carpet. The building is located in an up and coming area and is very close to the 2 and 5 train for an easy commute into Manhattan. Gross legal rent is over $97K. See attached pro forma for details.

Last Agent to Sell the Property

Dave DeLaura

360 Capital LLC License #10401229270 Listed on: 12/04/2020

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,387

Year Built

  • Built in 1930 | Remodeled in 2013

Lot Details

  • 3,829 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 4,632 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 04837-0022

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,387

Year Built

Built in 1930 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1930
  • Year Built Effective: 2013
  • Attribution Contact: 914-422-3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2013

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Full
  • Living Area: 4632.00
  • Square Footage: 4632.00

Exterior Features

  • Construction Materials: Brick, Stucco

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Oil, Hot Water
  • Hot Water: Gas Stand Alone
  • Heating Zones: 1
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0900
  • Lot Size Sq Ft: 3829.00
  • Lot Size Units: Acres
  • Parcel Number: 04837-0022
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-07-20
  • Tax Annual Amount: 11387.00
  • Tax Map Number: 04837-0022

Multi Family

  • Units Total: 6
  • 1 Bedrooms: 3
  • Two Bedrooms: 3
  • Separate Electric Meters: 7
  • Separate Gas Meters: 7

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 4, 2020
Closed on
Jul 20, 2021
Sold by
360 Wakefield Llc
Bought by
Hornsey Llc
Seller's Agent
Dave DeLaura
360 Capital LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$889,900
Sold Price
$800,000
Premium/Discount to List
-$89,900
-10.1%
Current Estimated Value
$851,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,360
Avg. Annual Appreciation
1.41%
Original Mortgage
$640,000
Outstanding Balance
$579,711
Interest Rate
2.93%
Mortgage Type
Assumption
Estimated Equity
$271,649

Purchase Details

Closed on
Jul 1, 2013
Sold by
Robert Moll Referee
Bought by
360 Wakefield Llc

Purchase Details

Closed on
Apr 9, 1998
Sold by
Noble Beatrice Edna and Parker Roger E
Bought by
U S A Realty Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.09%
Mortgage Type
Commercial
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
Hornsey Llc $800,000 --
Hornsey Llc $800,000 --
360 Wakefield Llc $622,359 --
360 Wakefield Llc $622,359 --
U S A Realty Corp $170,000 The Judicial Title Ins Agenc
U S A Realty Corp $170,000 The Judicial Title Ins Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hornsey Llc $640,000
Closed Hornsey Llc $640,000
Previous Owner U S A Realty Corp $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $800,000 -4.8% $173 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $839,900 -5.6% $181 / Sq Ft
02/16/2021 02/16/21 Price Changed $889,900 0.0% $192 / Sq Ft
02/16/2021 02/16/21 For Sale $889,900 -6.3% $192 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $949,900 -- $205 / 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 $14,787 $127,251 $2,673 $124,578
2024 $14,787 $118,274 $2,982 $115,292
2023 $14,509 $118,274 $2,789 $115,485
2022 $13,926 $266,400 $6,750 $259,650
2021 $0 $313,200 $6,750 $306,450
2020 $12,209 $328,500 $6,750 $321,750
2019 $11,474 $328,500 $6,750 $321,750
2018 $11,572 $90,980 $2,129 $88,851
2017 $11,136 $87,553 $2,185 $85,368
2016 $10,454 $81,087 $2,232 $78,855
2015 $6,785 $75,296 $2,477 $72,819
2014 $6,785 $69,985 $2,762 $67,223
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dave DeLaura

    360 Capital LLC

    (914) 422-3208

    1 in this area

    9 Total Sales

    Dave DeLaura
    Section Image

  • N

    Buyer's Agent in 2021

    Non Non Member-MLS

    Non-Member MLS

See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY6085303

OneKey® MLS

APN: 04837-0022

New York Bronx County Bronx 10466 Wakefield

749 E 223rd St, Bronx, NY

Not Listed for Sale

MultiFamily

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