See Home Value
$3,373,784*
Multifamily - Off Market

2248 Bassford Avenue

Bronx, NY 10457
bedrooms
Studio
bathrooms
0 Bath
square feet
8820 Sqft
$2,070,000 - $2,530,000
Reference Base Price*
46.69%
Since May 1, 2019
NY-New York
Primary Model

About This Property

HUGE Well-Maintained 8 Family by Saint Barnabas Hospital & blocks to Fordham University; Excellent Cash Flow; Many Improvements; (5) 3 Brms, (3) 4 Brms over Bsmt Workshop/Storage; New Dual Boiler offers option to burn Gas or Oil, (2) New 75 Gallon Hot Water Heater, New Upgraded Electrical Service with New Meters and New Electrical Lines Throughout Bldg & Apts; New Front Entry Door, New Intercom System, New 24 Hour Video Security Surveillance System, MCI complete and approved so upon Lease Renewals, ALL Unit Rents will Increase by Permissible Legal Renewal Percentage +PLUS+ additional MCI's $19 per/Room per/Unit (since Units are 4-5 Brms each, that part of the Rent Increase would equate to $76-$95 per/Unit); What's more, J51 Partial Tax Abatement is complete but waiting Final Approval; ALL Building and Tax Department requested docs submitted so although Real Estate Tax is Currently $11,911 it's estimated to reduce to about $5,955 for the next 14 years; Will Sell FAST... $2,300,000 Firm!!!

The manager has listed the unit size as 8820 square feet.
Unit Size
8,820Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$261
Property Type
Multifamily
Property Taxes
$11,911
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Apr 5, 2019 No longer available -
No longer available
Nov 21, 2018 Listed $2,300,000
Listed
Feb 19, 2010 Sold to E J Real Estate Holdings Llc $950,000
Sold to E J Real Estate Holdings Llc

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,400,000 Oct 17, 2016
$2,400,000 Feb 10, 2017
-
Land
Loft
-
-
$1,850,000 Oct 28, 2022
$1,850,000 Jul 27, 2023
$775/mo
Multifamily
24 Beds
8 Baths
-
$1,850,000 Jan 27, 2021
$1,850,000 Mar 21, 2022
$958/mo
Other
Loft
8 Baths
9,321 ft²
$228/ft²
$2,125,000 Feb 7, 2024
-
-
Land
Loft
-
1,632 ft²
$1,195/ft²
$1,950,000 Oct 23, 2023
-
-
Multifamily
6 Beds
4 Baths
-
$2,750,000 Mar 7, 2023
-
$4,301/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181121
11/21/2018
Studio
-
8820 ft²
$2,300,000
bedrooms
Studio
bathrooms
-
square feet
8820 ft²
-
-
-
Luis A. Morales Jr
Keller Williams Realty NYC Grp
20180818 Unit 3S
08/18/2018
3S
3 Bed
1 Bath
-
-
bedrooms
3 Bed
bathrooms
1 Bath
-
-
-
Luis A Morales, Jr
Keller Williams Realty NYC Grp

Building Info

2248 Bassford Avenue 2248 Bassford Avenue, Bronx, NY 10457
  • 8 Units
  • 1 Unit for Sale
More about this Building
2248 Bassford Avenue
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About West Bronx


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