NOT LISTED FOR SALE

Estimated Value: $838,000 - $1,144,000

7 Beds
4 Baths
2,400 Sq Ft
$436/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $990,000 $412 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,955/month

74 Days on Market

Highlights

  • Water Access
  • Property is near public transit
  • Balcony
  • 0.13 Acre Lot
  • Granite Countertops
  • Walk-In Closet

About This Home

As of January 2022

Investors Dream!!! This Triplex On A Double Lot In The Heart Of The Bronx Is A Must See!! Units Feature 2nd Floor- 3 Beds, 1 Bath, Washer/ Dryer Hookup, With Balcony Access, 1st Floor 2 Beds, 1 Bath, With Patio Access, Finished Above-Ground Walk- Out Basement 2 Beds,1 Bath. All Units Have Stainless Steel Appliances, Granite Countertops, Ceiling Fans, Hardwood Floors, And Recessed Lighting Throughout. Self-Contained Accessory Unit Can Be Found In The Back Of The Home, 1 Bed, 1 Bath, Stainless Steel Appliances. Each Unit Has Its Own Independent Entrance. The Home Also Has A Garden Area Along With 2 Storage Sheds That Are Available. Large Driveway Of 100 Feet Can Fit Up To 8 Cars. House Is On A Double Lot!! House Is On One Lot And Second Lot Is Open Space. Security System - 5 Cameras, 2 TB Hard Drive And 3 Outdoor Floodlights. Creates The Possibility For New Owner To Live And Collect Rent. A Great Investment!

Last Agent to Sell the Property

Chintan Trivedi

RE/MAX In The City License #10311203986 Listed on: 07/22/2021

RE/MAX In The City

Last Buyer's Agent

Darnell James

Brown Harris Stevens License #10401394382

Brown Harris Stevens

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,091

Year Built

  • Built in 1925 | Remodeled in 2018

Lot Details

  • 5,721 Sq Ft Lot
  • No Common Walls

Home Design

  • 2-Story Property
  • Brick Exterior Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Storage
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Granite Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Outdoor Features

  • Water Access
  • Balcony
  • Patio

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04854-0059

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,091

Year Built

Built in 1925 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: 2 Story, Bilevel
  • Property SubType: Multi Family
  • Year Built: 1925
  • Year Built Effective: 2018
  • Attribution Contact: 929-222-4200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Granite Counters, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Finished, Walk-Out Access
  • Total Bedrooms: 7
  • Living Area: 2400.00
  • Square Footage: 2400.00

Exterior Features

  • Construction Materials: Brick
  • Waterfront Features: Water Access
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 6.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Natural Gas, Baseboard, Hot Water
  • Hot Water: On Demand
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1300
  • Lot Size Sq Ft: 5721.00
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 04854-0059
  • Property Attached: No

Tax Info

  • Close Date: 2022-01-28
  • Included in Taxes: Sewer, Trash
  • Tax Annual Amount: 7091.00
  • Tax Map Number: 04854-0059

Multi Family

  • Units Total: 3
  • Two Bedrooms: 2
  • Three Bedrooms: 1
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Call Listing Agent
  • Middle School District: Bronx 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jan 25, 2022
Sold by
Ali Memuna and Ali Mohammed
Bought by
Abogunrin Grace Adebukola
Seller's Agent
Chintan Trivedi
RE/MAX In The City
Buyer's Agent
Darnell James
Brown Harris Stevens
List Price
$1,099,900
Sold Price
$990,000
Premium/Discount to List
-$109,900
-9.99%
Current Estimated Value
$1,008,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,280
Avg. Annual Appreciation
1.42%
Original Mortgage
$700,000
Outstanding Balance
$650,003
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,159

Purchase Details

Closed on
Apr 1, 2014
Sold by
Leland Assets Corp
Bought by
Ali Memuna and Ali Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,309
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Quinones Cynthia and Quinones Pablo
Bought by
Leland Assets Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abogunrin Grace Adebukola $990,000 --
Ali Memuna $535,000 --
Leland Assets Corp $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abogunrin Grace Adebukola $700,000
Previous Owner Ali Memuna $525,309
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $990,000 -10.0% $413 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $1,099,900 -- $458 / 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 $8,060 $40,435 $9,024 $31,411
2024 $8,060 $40,129 $9,979 $30,150
2023 $7,689 $37,859 $9,726 $28,133
2022 $7,130 $53,160 $13,980 $39,180
2021 $7,091 $47,400 $13,980 $33,420
2020 $7,132 $43,740 $13,980 $29,760
2019 $6,996 $39,960 $13,980 $25,980
2018 $6,431 $31,549 $12,417 $19,132
2017 $6,067 $29,764 $12,061 $17,703
2016 $5,613 $28,080 $12,049 $16,031
2015 $2,456 $28,080 $10,681 $17,399
2014 $2,456 $27,869 $11,240 $16,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6130122

OneKey® MLS

APN: 04854-0059