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2248 Bassford Avenue, Bronx, NY 10457
$1,700,000
2248 Bassford Avenue, Bronx, NY 10457View this property at 2248 Bassford Avenue, Bronx, NY 10457
2248 Bassford AvenueBronxNY10457
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Property Description
HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.94x GRM and 6.9% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $117,265 NET ANNUAL INCOME!!! Listed To Sell $1,700,000 NEG!!!
Full Property Details
Full Property Details for 2248 Bassford Ave
General
- Price: $1,700,000
- Taxes: $16,762
- Status: Active
- Type: Multi-Family
- MLS ID: H6293979
- Updated: 5/24/2024
- Added to Site: 94 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Bedrooms
- Total Bedrooms: 27
Parking
- Parking Features: On Street
Location
- County: Bronx
- Driving Directions: Bassford Ave Btw: E 182 St & E 183 St
School Information
- Elem School District: City of New York
- Midd School District: City of New York
- High School District: City of New York
- Elementary School: Call Listing Agent
- Middle School: Call Listing Agent
- High School: Call Listing Agent
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Oil, Other, Hot Water
- Water Heater: Gas Stand Alone, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Detached/Attached: Attached
- Construction: Block, Brick, Stone
- Basement: Yes
- Basement Desc.: Full Basement, See Remarks
- Common Walls: 2+ Common Walls
- Square Feet: 8,820
- Sq. Ft. Source: Other
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,579
- Lot Size Source: Other
Financial Considerations
- Other Fee Type: MANAGEMENT (5%):
- Other Fee Freq.: Yearly
- Taxes Include: Sewer, Trash
- Tax Amount: $16,762
- Owner Pays: Insurance
- Tenant Pays: Cooking Gas, Electricity, See Remarks
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Property ID: 03050-0098
Listed by eXp Realty
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Schools
Schools serving 2248 Bassford Ave
School District:New York City Geographic District #10
Rating | Name | Grades | Distance |
---|---|---|---|
2185 Bathgate Ave, Bronx, NY 10457 | PK-5 | 0.1 mi | |
577 E 179th St, Bronx, NY 10457 | 6-8 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2248 Bassford Ave
Date
Details
Price
Change
Source
3/08/2024
Listed
$1,700,000
78.95%
MLS
2/19/2010
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2248 Bassford Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,491
7%
$163,904
7%
2023
$19,181
100%
$153,425
-79%
2022
100%
$719,550
25%
2021
-100%
$575,550
-9%
2020
$13,612
1%
$632,250
1%
2019
$13,482
-4%
$623,250
428%
2017
$14,059
—
$118,019
7%
2017
$14,059
5%
$110,535
7%
2016
$13,355
5%
$103,589
5%
2015
$12,737
7%
$98,865
2%
2014
$11,934
4%
$96,985
7%
2013
$11,422
—
$90,784
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2248 Bassford Ave
2248 Bassford Avenue, Bronx, NY 10457 (MLS# H6293979) is a Multi-Family property with 8 units containing 27 bedrooms and 9 full bathrooms. 2248 Bassford Avenue is currently listed for $1,700,000 and was received on March 08, 2024. Want to learn more about 2248 Bassford Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.