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Sold for $460,000
  • $460,000

    2221 Belmont Avenue, Bronx, NY 10457

    3beds
    1,650sqft
    Duplex, Multi Family
    Built in 1925
    -- sqft lot
    $756,800 Zestimate®
    $279/sqft
    $3,271 Estimated rent

    Home value

    $756,800

    $681,000 - $840,000

    $3,271/mo

    Zestimate® history
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    $3,271/mo

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    What's special

    Investment Opportunity at 2213 Belmont Ave, Bronx, NY! PRIVATE DRIVEWAY! Introducing a unique investment opportunity in the heart of the Bronx. Located at 2221 Belmont Ave, this TWO FAMILY multifamily property boasts two units, a one-bedroom, and a two-bedroom layout with a total building area of 1,650 square feet. Despite needing a full renovation, this property offers a world of potential for the right buyer. With an R7-1 zoning, a building with a height factor of 3 could yield an FAR of 2.01, providing up to 5,025 SF of usable floor area. This allows for the opportunity to greatly expand the current living spaces or potentially add additional units, subject to the necessary planning permissions and regulations. Positioned in a vibrant neighborhood, this property offers easy access to local amenities and transportation links, making it an ideal location for potential renters. Priced at $650,000, this property represents a fantastic investment opportunity in the bustling borough of the Bronx. Whether you're an experienced investor looking to expand your portfolio, or a newcomer to the real estate investment scene, this property offers significant potential for both capital growth and rental income. Additional Information: HeatingFuel:Oil Above Ground,

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Warbet 917-834-0159,

    Keller Williams Hudson Valley 845-639-0300,

    Allan Zapadinsky 646-879-0727,

    Keller Williams NYC

    Bought with:

    Matthew Warbet, 10301219429

    Keller Williams Hudson Valley

    Allan Zapadinsky, 10301221320

    Keller Williams NYC

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6252956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Oil, Radiant
    Cooling
    • None
    Appliances
    • Included: Oil Water Heater
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,650
    • Total interior livable area: 1,650 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 2,500 Square Feet
    • Features: Near Public Transit, Near School, Near Shops
    Details
    • Parcel number: 030860040

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1925

    Utilities & green energy

    • Gas: Separate Gas Meters: 2
    • 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: $279/sqft
    • Tax assessed value: $574,000
    • Annual tax amount: $2,847
    • Date on market: 6/7/2023
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    10/3/2023Sold$460,000-29.2%$279/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6252956 Report a problem
    7/14/2023Contingent$650,000$394/sqft
    Source: NY State MLS #11182103 Report a problem
    7/13/2023Pending sale$650,000$394/sqft
    Source: StreetEasy Report a problem
    6/6/2023Listed for sale$650,000-34.9%$394/sqft
    Source: StreetEasy Report a problem
    1/14/2023Listing removed--
    Source: RE/MAX International Report a problem
    10/29/2022Listed for sale$999,000$605/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H6197874 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,936 +0.3%$38,580 -1.1%
    2024$2,928 +4.8%$39,000 -0.8%
    2023$2,793 $39,300 +14.1%
    2022-- $34,440 -0.9%
    2021-- $34,740 +12.4%
    2020$2,579 +0.3%$30,900 -3%
    2019$2,571 +7.2%$31,860 +178%
    2018$2,398 +3.2%$11,462 +0.5%
    2017$2,324 +8.1%$11,400 +6%
    2016$2,150 $10,756 +5.9%
    2015$2,150 +65.8%$10,152 +0.3%
    2014$1,297 $10,124 +6%
    2013-- $9,552 +0.5%
    2012-- $9,500 +6%
    2011-- $8,964 +6%
    2010-- $8,460 +0.3%
    2009-- $8,437 +6%
    2008-- $7,960 +0.5%
    2007-- $7,917 +6%
    2006-- $7,470 +6%
    2005-- $7,050 +0.3%
    2004-- $7,032 +6%
    2003-- $6,634 +0.5%
    2002-- $6,598 +6%
    2001-- $6,225 +6%
    2000-- $5,875
    Find assessor info on the county website

    Neighborhood: East Tremont

    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.