$950,000
●
Multifamily -
Off Market
1964 Cross Bronx Expressway
Bronx, NY 10472
12 Beds
3 Baths
$1,003,384
RealtyHop Estimate
5.62%
Since Apr 1, 2023
NY-New York
Primary Model
About This Property
A/O, showing for back-up. Price Drop!! Looking for an investment
property in the heart of a Prime location? Spectacular opportunity
to own a Massive brown brick 3-family home situated in the
investors' dream neighborhood of Parkchester, The Bronx, New York
City, with a promise of a consistent and progressive cash flow for
an average investor. This neighborhood is awash and boasts of the
most fantastic dine-out cuisines and shops in the Bronx with very
high property values and is directly connected by most city buses,
the #6 train, and the I-95 Throughway. Access the first floor
through a polished vestibule that opens through a long and winding
hallway, beautifully maintained and gleaming hardwood floor with 4
Bedrooms, livingroom/Dining with eat-in kitchen and a fully updated
bathroom. A brief walk through a polished staircase introduces you
to the 2nd floor which also features 4 bedrooms, livingroom/dining
with kitchen and nicely kept bathroom. Unit 3 is sun-drenched
and in superbly maintained condition, also with 4 bedrooms, a
livingroom/dining, kitchen, and a beautifully kept bathroom. A trip
downstairs brings you to a full basement, the Super's domain with a
Pimped-out studio apartment and a huge, glammed-up bathroom,
encased in an overall superbly maintained and functional basement
with both rear and front entrances. Property also comes with a
2-car driveway located at the rear. Current total annual income is
$84,660. Estimated annual expenses is $19,600. Net Operating income
is $65,060. Projected income is $134,400 with a projected increase
to $3,500 per apartment monthly. Super - $700 monthly. Zoning is
R6. Call me!!
Unit Size
-
Days on Market
168 days
Land Size
0.04 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$527
HOA Dues
-
Year Built
1930
Last updated: 2 years ago (OneKey MLS #H6214106)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 23, 2023 | Sold | $950,000 | |
Sold | |||
Jan 20, 2023 | In contract | - | |
In contract | |||
Nov 16, 2022 | Price Increased |
$950,000
↑ $855K
(900%)
|
|
Price Increased | |||
Nov 16, 2022 | Price Decreased |
$95,000
↓ $885K
(90.3%)
|
|
Price Decreased | |||
Oct 26, 2022 | Price Decreased |
$979,999
↓ $19K
(1.9%)
|
|
Price Decreased |
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: Driveway, Off Street
Interior Details
Bathroom Information
Full Bathrooms: 3
Interior Information
Interior Features: Master Downstairs, 1st Floor Bedrm, Eat-in Kitchen, High Speed Internet
Flooring Type: Hardwood
Basement Information
Basement: Finished, Full, Walk-Out Access
Exterior Details
Property Information
Has Property Attached
Square Footage: 3285
Square Footage Source: $0
Green Sustainability
Road Responsibility: Public Maintained Road
Year Built Source: Owner
Building Information
Building Area Units: Square Feet
Construction Materials: Brick
Lot Information
Lot Features: Historic District, Level, Near Public Transit
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Land Information
Water Source: Public
Financial Details
Tax Map Number: 03794-0044
Tax Assessed Value: $844,000
Included In Taxes: Sewer, Trash, Water
Tax Annual Amount: $6,318
Utilities Details
Cooling Type: None
Heating Type: Natural Gas, Oil, Hot Water
Heating Zones
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
7
Beds
3
Baths
-
$925,000
Oct 3, 2022
$925,000
Jan 26, 2023
$454/mo
Multifamily
7
Beds
5
Baths
-
$960,000
Jun 9, 2020
$960,000
Oct 29, 2020
$507/mo
Sold
Multifamily
5
Beds
3
Baths
-
$925,000
Mar 10, 2021
$925,000
Oct 13, 2021
$563/mo
Sold
Multifamily
6
Beds
3
Baths
-
$900,000
Jul 31, 2020
$900,000
Nov 30, 2020
$529/mo
Multifamily
5
Beds
3
Baths
-
$900,000
Jul 14, 2022
$900,000
Nov 10, 2022
$492/mo
Sold
Multifamily
6
Beds
3
Baths
-
$915,000
Mar 10, 2023
$915,000
Jul 27, 2023
$527/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/01/2022
|
|
11 Bed
|
3 Bath
|
-
|
$1,250,000
11 Bed
3 Bath
|
-
-
|
-
|
Patria Rodriguez
Charles Rutenberg Realty, Inc.
|
11/10/2020
|
|
Studio
|
-
|
-
|
$999,997
Studio
-
|
-
-
|
-
|
Patricia Rodriguez
MONTICELLO REAL ESTATE GROUP INC
|
Building Info
1964 Cross Bronx Expressway
1964 Cross Bronx Expressway, Bronx, NY 10472
- 2 Units
- 1 Unit for Sale