See Home Value
$1,800,000
House - Off Market

2523 Sedgwick

Bronx, NY 10468
bedrooms
8 Beds
bathrooms
4 Baths
$9,262
Estimated Monthly
$0
HOA / Fees
6.38%
Cap Rate

About This Property

Seize the opportunity to own a piece of history with this distinctive 2639 square foot free-standing home, dating back to 1901, and as one of the final two legally operating Rooming Houses in the Bronx.   Spanning a generous lot size of 37.42 ft x 87 ft, the property boasts a unique configuration, currently housing one Class A residence and seven Class B Single Room Occupancies (SRO's). DELIVERED VACANT.  The Class A residence comprises a spacious dining and living area on the ground level, offering a 1BR/1BA with lovely East River views from the functional kitchen. The basement unfolds into a second bedroom/bathroom area, complete with a small kitchen, common room, and washer/dryer, and is accessible from the outside. A large backyard with river views adds a touch of tranquility.  Ascending the staircase from a separate entrance, discover five of the seven SRO rooms with a shared bathroom, while the top floor houses the remaining two SRO rooms alongside a community kitchen and another bathroom. Parking for two cars at the front of the building enhances convenience.   With 7,727 square feet of buildable residential space, it is conveniently located for development, only a 30-minute walk or short bus ride away from Bronx Fordham University. Alternatively, investors can capitalize on the existing rental income from the seven SRO units. Just three bus stops from Inwood Hill Park's 196 acres of recreational haven, this listing beckons as a prime investment opportunity.  Annual Real Estate taxes $5,085  For a more detailed set-up sheet please contact us. Initial renderings of a potential 7-story condo development are available.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1901
Last updated: 17 days ago (OneKey MLS #ONEH6288801)

Price History

Date / Event Date Event Price
Apr 11, 2024 Temporarily off market -
Temporarily off market
Feb 7, 2024 Listed by Elegran LLC $1,800,000
Listed by Elegran LLC
Seize the opportunity to own a piece of history with this distinctive 2639 square foot free-standing home, dating back to 1901, and as one of the final two legally operating Rooming Houses in the Bronx. Spanning a generous lot size of 37.42 ft x 87 ft, the property boasts a unique configuration, currently housing one Class A residence and seven Class B Single Room Occupancies (SRO's). DELIVERED VACANT. The Class A residence comprises a spacious dining and living area on the ground level…
Aug 11, 2022 No longer available -
No longer available
May 10, 2022 Listed by Silverside Realty LLC $1,800,000
Listed by Silverside Realty LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1901
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 3
  • Residential Unit Count: 3
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 3,180
  • Lot Size Depth Feet: 85
  • Lot Size Frontage Feet: 37
  • Building Depth: 36
  • Building Frontage: 30
  • Gross Building Area: 2,629

    Building Floor Area

  • Residential Building Floor Area: 2,629

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: C0
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: E

Neighborhood

  • Community District: 207
  • City Council District: 14
  • Police Precinct: 52
  • Fire Company: E081
  • Health Area: 320
  • Sanitation District Borough: 2
  • Sanitation Subsection: 1A
  • School District: 10

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 3237
  • Lot: 153
  • Borough Block Lot: 2032370153

    Address

  • Full Address: 2523 Sedgwick Avenue
  • Zip Code: 10468

Valuation

    Assessments Valuation

  • Assessed Total Value: $45,240
  • Assessed Land Value: $12,360

    Exemptions

  • Exempt Total Value: $1,440
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$1,530,000 Feb 25, 2019
$1,530,000 Oct 8, 2019
$660/mo
House
Stu
-
2,167 ft²
$706/ft²
$1,530,000 Feb 26, 2019
$1,530,000 Oct 8, 2019
-
House
11 Beds
5 Baths
-
$1,400,000 Jul 18, 2022
$1,400,000 Sep 1, 2022
$654/mo
Commercial
Loft
-
-
$1,500,000 Jan 18, 2023
$1,500,000 May 4, 2023
$4,028/mo
Commercial
Loft
-
-
$1,425,000 May 11, 2021
$1,425,000 Oct 7, 2022
$2,675/mo
Multifamily
33 Beds
11 Baths
-
$1,300,000 Apr 28, 2020
$1,300,000 Jun 14, 2021
$3,379/mo
Multifamily
8 Beds
4 Baths
-
$1,500,000 Apr 25, 2023
-
$683/mo
Multifamily
8 Beds
4 Baths
-
$1,500,000 Mar 5, 2023
-
$492/mo
Multifamily
8 Beds
4 Baths
-
$1,450,000 Jul 10, 2023
-
$267/mo
Multifamily
11 Beds
5 Baths
4,560 ft²
$329/ft²
$1,499,900 Dec 6, 2023
-
$619/mo
Other
Loft
8 Baths
9,321 ft²
$228/ft²
$2,125,000 Feb 7, 2024
-
-

About West Bronx


Similar Homes for Sale

Unit for sale at 2422 Webster Avenue, Bronx, NY 10458

$2,125,000

  • Loft
  • 8 Baths
  • 9,321 ft²
2422 Webster Avenue #8FAM, Bronx, NY 10458 Listing by Foti Bouklis
Unit for sale at 260 East 197th Street, Bronx, NY 10458

$1,499,900

  • 11 Beds
  • 5 Baths
  • 4,560 ft²
260 East 197th Street, Bronx, NY 10458 Listing by David Bar Gil
Unit for sale at 2510 Webb Avenue, Bronx, NY 10468

$1,500,000

  • 8 Beds
  • 4 Baths
2510 Webb Avenue, Bronx, NY 10468 Listing by Leonard Lushi

Nearby Rentals

Unit for rent at 539 W 232nd Street, Bronx, NY, 10463

$2,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
539 W 232nd Street #2, Bronx, NY, 10463 Listing by William F. Knight III
Unit for rent at 55 Dash Place, Bronx, NY, 10463

$3,300 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
55 Dash Place #PH1, Bronx, NY, 10463 Listing by Sarah Saltzberg
Unit for rent at 2465 Palisade Avenue, Bronx, NY, 10463

$3,100 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
2465 Palisade Avenue #1A, Bronx, NY, 10463 Listing by Chintan Trivedi


Frequently Asked Questions

When was property at 2523 Sedgwick Avenue built and last sold?
The property at 2523 Sedgwick Avenue was built in 1901 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2523 Sedgwick Avenue is $1,818,000.
What are some comparable homes to 2523 Sedgwick Avenue?
Homes that are comparable to 2523 Sedgwick Avenue include a multifamily property at 2254 Grand Avenue, 2510 Webb Avenue, 260 East 197th Street.

Quantcast