$950,000
SOLD FEB 13, 2025
10 Beds
4 Baths
3,055 Sq Ft
1,742 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

6% Above List Price

1 Day on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Cooling Available
  • High Ceiling
  • No HOA
  • 4-minute walk to Basil Behagen Playground

About This Home

As of February 2025

Unlock the potential of this architectural gem! This legal three-family brownstone in the heart of Morrisania, Bronx, NY, beautifully blends historic charm with modern possibilities. Whether you're an owner-occupant ready to create your dream home or an investor seeking significant returns, this property offers limitless potential. Showcasing Neo-Renaissance and Romanesque Revival architecture, it features a grand concrete stoop with decorative columns at the entrance, elegant bay windows, soaring ceilings, and a private backyard.With over 3,000 sq. ft. of living space, plus a walk-out basement with front and rear egress, this is your chance to customize and add considerable value. Will be delivered vacant.The current layout includes:1st floor and garden level duplex: 3 bedrooms, 2 baths, kitchen, living room, with in-unit washer and dryer.2nd floor: 3 bedrooms, 1 bath, kitchen, living room, with washer/dryer hookup.3rd floor: 4 bedrooms, 1 bath, kitchen, living room, office.The private backyard enhances the outdoor living experience, and the property’s prime location offers easy access to Manhattan and beyond. The 2 and 5 subway lines are just a short walk from Freeman St Station, along with nearby bus routes (Bx15, Bx17, Bx21).This is more than just a property—it’s a chance to own a piece of architectural history and make it uniquely yours. Whether you're looking to maximize rental income or live in one unit while the rental income offsets your mortgage, this property offers an ideal opportunity for both homeowners and investors. Don’t miss this rare chance to transform this blank canvas into something truly special before it’s too late!

Last Agent to Sell the Property

Carlos Beltran

Compass License #10301221620 Listed on: 02/10/2025

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 20.000000x87.420000
  • East Facing Home
  • Private Entrance
  • Private Yard

Parking

  • On-Street Parking

Interior Spaces

  • 3,055 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • Basement Fills Entire Space Under The House
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units
  • Morrisania Subdivision

Listing and Financial Details

  • Legal Lot and Block 43 / 02651

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Exposures: East
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Morrisania
  • Entry Level: 1
  • Structure Type: Multi Family
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: High Ceilings, Recessed Lighting
  • Appliances: Dryer, Gas Cooktop, Washer
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Tile
  • Living Area: 3055.0
  • Living Area Units: Square Feet
  • Rooms (Total): 22
  • Basement: Yes
  • Basement: Full
  • Window Features: Bay Window(s), Skylight(s)

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 10

Exterior Features

  • View: No
  • Exterior Features: Private Entrance, PrivateOutdoorSpaceUnder60Sqft, Private Yard

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Laundry Features: See Remarks
  • Cooling: Other
  • Cooling: Yes
  • Heating: Baseboard, Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x87.420000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 1910

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02651
  • Tax Lot: 43
  • Tax Annual: 4680.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2025
Closed on
Feb 13, 2025
Sold by
Casimir Monique `
Bought by
Melo Z Phantom Cap Llc
Seller's Agent
Carlos Beltran
Compass
List Price
$900,000
Sold Price
$950,000
Premium/Discount to List
$50,000
5.56%
Views
15
Current Estimated Value
$930,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,580
Avg. Annual Appreciation
2.42%
Original Mortgage
$875,000
Outstanding Balance
$871,400
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,705

Purchase Details

Closed on
May 24, 2000
Sold by
Empire Capital & Development Corp
Bought by
Casimir Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

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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 $950,000 --
Bargain Sale Deed $119,000 Commonwealth Land Title Ins
Deed $75,000 --
Deed $75,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $875,000 Purchase Money Mortgage
Previous Owner $191,191 No Value Available
Previous Owner $229,000 FHA
Previous Owner $0 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $950,000 +5.6% $311 / Sq Ft
02/10/2025 02/10/25 For Sale $900,000 -- $295 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $4,686 $24,728 $3,052 $21,676
2024 $4,686 $23,329 $2,728 $20,601
2023 $4,643 $22,862 $3,052 $19,810
2022 $4,564 $54,120 $6,960 $47,160
2021 $4,597 $44,820 $6,960 $37,860
2020 $4,362 $41,820 $6,960 $34,860
2019 $4,066 $33,720 $6,960 $26,760
2018 $3,884 $19,052 $4,519 $14,533
2017 $3,884 $19,052 $4,447 $14,605
2016 $3,639 $18,202 $4,390 $13,812
2015 $2,168 $17,173 $4,964 $12,209
2014 $2,168 $16,201 $5,315 $10,886
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11033658

Real Estate Board of New York (REBNY)

APN: 02651-0043