$865,000
SOLD APR 17, 2025

869 Elsmere Place Bronx, NY 10460

West Farms Neighborhood
9 Beds
7 Baths
3,141 Sq Ft
1,942 Sq Ft Lot

Recently Sold

$275 Per Sq Ft

2% Above List Price

29 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 3-minute walk to Mapes Ballfield
  • High Ceiling

About This Home

As of April 2025

Investment opportunity knocks ! This young legal 3 family home is located at Tremont section of the Bronx. It consists of 3 units of three bedroom two bathroom apartment plus high ceiling unfinished basement with half bathroom. This well maintain home features new kitchens and upgraded bathrooms, hard wood floor throughout, fire sprinkler system, 3 set of gas boilers and hot water heaters, etc... Close to shops, restaurants, schools and major highway, 10 minutes walk to 2 & 5 train West Farm station. The property is fully occupied and sold with 3 tenants. Current annual income is over $75K. Remaining 11 years 421A tax abatement benefit until 2032. Add this cash cow with 9% income CAP rate to your real estate portfolio before it's gone. Call today to schedule your private viewing.

Last Agent to Sell the Property

Alex Huang

Han Tang Realty Inc. Brokerage Phone: 718-513-1111 License #10311206937 Listed on: 02/06/2025

Last Buyer's Agent

Ellen Kim

BERKSHIRE HATHAWAY License #30KI1038367

BERKSHIRE HATHAWAY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 2006

Lot Details

  • 1,942 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • High Ceiling
  • Wood Flooring
  • Unfinished Basement
  • Basement Storage

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02960-0151

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,065

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 2006
  • Attribution Contact: 718-513-1111
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings
  • Flooring: Wood
  • Full Bathrooms: 7
  • Basement: See Remarks, Storage Space, Unfinished
  • Total Bedrooms: 9
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage: No
  • Carport Spaces: 2

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, See Remarks, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.0446
  • Lot Size Sq Ft: 1942
  • Building Area Total: 3141
  • Parcel Number: 02960-0151
  • Property Attached: Yes

Multi Family

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

Tax Info

  • Tax Annual Amount: 1064.52
  • Tax Year: 2024

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2020
Closed on
Mar 11, 2021
Sold by
Biswas Mohammad S H
Bought by
Chen Weiguang
Seller's Agent
Abdus Salam
New Dream Realty Inc
Buyer's Agent
Wei Zheng
E Realty International Corp
List Price
$899,000
Sold Price
$880,000
Premium/Discount to List
-$19,000
-2.11%
Current Estimated Value
$918,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,484
Avg. Annual Appreciation
0.95%
Original Mortgage
$581,000
Outstanding Balance
$522,574
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,910

Purchase Details

Closed on
Apr 13, 2007
Sold by
Southern Bimod Realty Llc
Bought by
Biswas Mohammed S H
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $880,000 --
Deed $701,574 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $581,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2025 04/17/25 Sold $865,000 +1.8% $275 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $850,000 -3.4% $271 / Sq Ft
03/11/2021 03/11/21 Sold $880,000 -2.1% $210 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Pending -- -- --
07/18/2020 07/18/20 For Sale $899,000 -- $215 / 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 $1,065 $54,900 $6,786 $48,114
2024 $1,065 $36,161 $6,388 $29,773
2023 $1,076 $55,680 $9,720 $45,960
2022 $1,058 $52,080 $9,720 $42,360
2021 $1,115 $44,280 $9,720 $34,560
2020 $1,122 $46,260 $9,720 $36,540
2019 $1,109 $43,140 $9,720 $33,420
2018 $1,080 $28,429 $7,287 $21,142
2017 $1,080 $26,820 $9,720 $17,100
2016 $1,060 $28,380 $9,720 $18,660
2015 $724 $27,180 $8,340 $18,840
2014 $724 $27,180 $8,340 $18,840
Source: Public Records

Agents Affiliated with this Home

  • Alex Huang

    Seller's Agent in 2025

    Alex Huang

    Han Tang Realty Inc.

    (347) 989-5882

    2 in this area

    233 Total Sales

    Alex Huang
    Section Image
  • Ellen Kim

    Buyer's Agent in 2025

    Ellen Kim

    BERKSHIRE HATHAWAY

    (516) 643-0276

    1 in this area

    48 Total Sales

    Ellen Kim
    Section Image

  • A

    Seller's Agent in 2021

    Abdus Salam

    New Dream Realty Inc

    (718) 785-5588

    1 in this area

    37 Total Sales

    Abdus Salam
    Section Image

  • W

    Buyer's Agent in 2021

    Wei Zheng

    E Realty International Corp

    (718) 886-8110

    1 in this area

    4 Total Sales

    Wei Zheng
    Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: 820951

OneKey® MLS

APN: 02960-0151

New York Bronx County Bronx 10460 West Farms

869 Elsmere Place, Bronx, NY

This home is located at 869 Elsmere Place, Bronx, NY 10460 and is currently priced at $865,000, approximately $275 per square foot. This property was built in 2006. 869 Elsmere Place is a home located in Bronx County with nearby schools including P.S. 214 and Children's Aid College Preparatory Charter School.

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