1787 Monroe Ave Bronx, NY 10457
Mount Hope NeighborhoodEstimated payment $7,596/month
Highlights
- Property is near public transit
- 4-minute walk to 174-175 Streets
- 3-minute walk to Peace Park
- 2 Car Attached Garage
- Hot Water Heating System
About This Home
Potential Development Site For Sale (R8), Multi family home with steady income.
Viewing by appointment only, email 48 hours in advance to confirm.
Lot Size: 25 ft x 95 ft
Year Built: 2007
Bedrooms: 11 total
• Main House: 9 bedrooms, 6 full baths (occupied by 3 families, spanning from 1st to 3rd floor)
• Basement: 2 bedrooms, 1 bath (currently not occupied)
• Livable area: 4,400 sq. ft.
Features:
• Backyard: Yes
• Parking: 2 spots in the front yard
• Expansion Potential: House can be expanded utilizing the front yard and backyard space
• Zoning: R8 (High potential for build up)
Financials:
• 421a Tax Abatement: 25 years starting from the 2nd half of 2021
• Separate Gas and Electric Meters
Recent Upgrades:
• Gas valves and thermocouples were newly replaced
• No major repairs needed
Additional Information:
• Attendee panel closed
• Basement has a separate entrance and it is connected to the backyard
• The area is proximate to employment centers, houses of worship, schools, local shopping, and amenities
• Each units are well maintained
• Neighborhood trends are well established with good development potential Additional Information: ParkingFeatures:2 Car Attached,
Listing Agent
Boon Chin
R New York Brokerage Phone: (212) 688-1000 License #10401374156 Listed on: 06/11/2024
Co-Listing Agent
Dixon Chow
R New York Brokerage Phone: (212) 688-1000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,100
Year Built
- Built in 2007
Home Design
- Triplex
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Full Bathrooms
Parking
- 2 Car Attached Garage
- Driveway
Schools
- Contact Agent Elementary And Middle School
- Contact Agent High School
Utilities
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- Heating System Uses Natural Gas
Additional Features
- 2,374 Sq Ft Lot
- Property is near public transit
- Finished Basement
Listing and Financial Details
- Assessor Parcel Number 02797-0033
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 3 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,115 | $58,740 | $9,766 | $48,974 |
| 2024 | $2,115 | $42,148 | $9,327 | $32,821 |
| 2023 | $2,139 | $63,420 | $12,840 | $50,580 |
| 2022 | $2,102 | $69,420 | $12,840 | $56,580 |
| 2021 | $7,894 | $56,340 | $12,840 | $43,500 |
| 2020 | $7,880 | $54,360 | $12,840 | $41,520 |
| 2019 | $7,347 | $47,760 | $12,840 | $34,920 |
| 2018 | $6,755 | $33,135 | $9,621 | $23,514 |
| 2017 | $2,147 | $31,260 | $12,840 | $18,420 |
| 2016 | $2,105 | $36,420 | $12,840 | $23,580 |
| 2015 | $1,438 | $35,220 | $10,680 | $24,540 |
| 2014 | $1,438 | $35,220 | $10,680 | $24,540 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2024 06/11/24 | For Sale | $1,390,000 | +195.7% | $316 / Sq Ft | |
| 06/28/2016 06/28/16 | Sold | $470,000 | -6.0% | $107 / Sq Ft | View Prior Sale |
| 08/27/2015 08/27/15 | Pending | -- | -- | -- | |
| 08/01/2015 08/01/15 | For Sale | $500,000 | -- | $114 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $470,000 | -- | |
| Deed | $685,000 | -- | |
| Deed | $212,000 | -- | |
| Deed | $15,000 | Commonwealth Land Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $352,500 | Purchase Money Mortgage | |
| Previous Owner | $645,300 | Purchase Money Mortgage |
Source: OneKey® MLS
MLS Number: H6312411
APN: 02797-0033
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Ask me questions while you tour the home.