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Sold for $830,000
  • $830,000

    1631 Van Buren Street, Bronx, NY 10460

    5beds
    2,360sqft
    Triplex, Multi Family
    Built in 1925
    -- sqft lot
    $971,000 Zestimate®
    $352/sqft
    $3,197 Estimated rent

    Home value

    $971,000

    $903,000 - $1.05M

    $3,197/mo

    Zestimate® history
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    $3,197/mo

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    $5,066/mo

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    $5,066/mo

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    What's special

    Welcome to a fantastic investment opportunity in the Van Nest area—a legal 3-family home. This property features 5 bedrooms and 4 bathrooms, with the added benefits of a full finished basement and a backyard, enhancing its overall appeal. One significant advantage of this property is all units are currently occupied, presenting an immediate income-generating opportunity for the new owner. The tenants do not have active leases, providing flexibility for the new owner to establish new lease agreements as needed. Conveniently located minutes from transportation. Whether you're an experienced investor or someone entering the real estate market, the combination of a well-structured property, full tenant occupancy, and a prime location makes this 3-family home in Van Nest a compelling investment opportunity. Don't miss the chance to own a property that is a fantastic income generator in a sought-after location. Additional Information: HeatingFuel:Oil Above Ground,

    Zillow last checked:

    Listing updated:

    Listed by:

    Esperanza Estrella 718-772-7404,

    Pantiga Group Inc. 718-841-0201,

    Oscar Rigamonty 646-314-3734,

    Pantiga Group Inc.

    Bought with:

    Regina L. Rodriguez, 10401312709

    Pantiga Group Inc.

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6291672MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Oil
    Cooling
    • Wall/Window Unit(s)
    Features
    • Basement: Finished,Walk-Out Access
    Interior area
    • Total structure area: 2,360
    • Total interior livable area: 2,360 sqft

    Property

    Parking
    • Parking features: None, Off Street
    Lot
    • Size: 2,500 Square Feet
    • Features: Near Public Transit, Near School, Near Shops
    Details
    • Parcel number: 040180011

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Condition
    • Actual
    • Year built: 1925
    • Major remodel year: 2016

    Utilities & green energy

    • Gas: Separate Gas Meters: 3
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Trash Collection Public

    Community & HOA

    Community
    • Features: Park
    HOA
    • Has HOA: No
    • Amenities included: Park
    Location
    • Region: Bronx

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $748,000
    • Annual tax amount: $6,940
    • Date on market: 2/28/2024
    • Listing agreement: Exclusive Right To Sell
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    7/11/2024Sold$830,000-2.4%$352/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6291672 Report a problem
    4/3/2024Pending sale$850,000$360/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6291672 Report a problem
    2/28/2024Listed for sale$850,000+23.4%$360/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6291672 Report a problem
    6/7/2017Sold$689,000$292/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H4705640 Report a problem
    3/24/2017Pending sale$689,000$292/sqft
    Source: Berkshire Hathaway HomeServices Westchester Properties #4705640 Report a problem
    2/7/2017Listed for sale$689,000$292/sqft
    Source: RE/MAX IN THE CITY #4636134 Report a problem
    12/9/2016Pending sale$689,000$292/sqft
    Source: RE/MAX IN THE CITY #4636134 Report a problem
    8/11/2016Listed for sale$689,000+206.2%$292/sqft
    Source: RE/MAX IN THE CITY #4636134 Report a problem
    2/25/2016Sold$225,000$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,061 +1.7%$58,620 +19.1%
    2024$6,940 -1.1%$49,200 +9.6%
    2023$7,017 $44,880 +3.6%
    2022-- $43,320 -4.7%
    2021-- $45,480 +6.5%
    2020$5,639 +1.9%$42,720 +7.2%
    2019$5,532 +1.2%$39,840 +52.4%
    2018$5,467 +7.8%$26,136 +5%
    2017$5,072 +15.4%$24,883 +5.7%
    2016$4,394 $23,532 +6%
    2015$4,394 +68.3%$22,200 +1.9%
    2014$2,611 $21,780 -0.9%
    2013-- $21,979 +6%
    2012-- $20,736
    2011-- $20,736 +0.8%
    2010-- $20,578 +6%
    2009-- $19,414 +6%
    2008-- $18,316 +6%
    2007-- $17,280
    2006-- $17,280 +0.8%
    2005-- $17,149 +6%
    2004-- $16,179 +6%
    2003-- $15,264 +6%
    2002-- $14,400
    2001-- $14,400 +0.8%
    2000-- $14,291
    Find assessor info on the county website

    Neighborhood: Van Nest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Contact Agent
    • Middle: Contact Agent
    • High: Contact Agent

    Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.