2 months on rocket

1945 Gleason Ave, Bronx, NY, 10472

$1,300,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,320 SqFt
$301/SqFt
Multi

Location

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1945 Gleason Ave, Bronx$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1928
HeatingNatural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #H6327685
Lot Size0.06 Acres
StatusActive
(A)

About 1945 Gleason Ave

Very well maintained 6 unit building in the Parkchester section would make a great add to your rental portfolio. All units have been gut renovated within the last 5 years. Rents are below market value ( based on the city program rent schedule for 2024) providing tremendous upside, making this a great value add opportunity, without the need for capital expenditures towards upgrades and repairs. The building consists of four 1 bedroom, and two 2 bedroom apts. Currently being offered at a 6% cap rate. 1943 Gleason Ave is also for sale.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Living Area: 4,320 SqFt

Listing Office:

  • Office Name: Keller Williams Realty NYC Grp
  • Office Phone: (718) 697-6800

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Parkchester section: from Brucker Expy to Bruckner Blvd. Go to White Plains Rd make a right onto Gleason Ave. (between Virginia Ave and Pugsley Ave.)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $301/SqFt

Tax Information:

  • Annual Amount: $11,201
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

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Bronx, NY

City

Med. Sold Price

$589.8K

Med. Price/SqFt

$348

Avg. Days On Market

64

# of Sold Homes

145

1945 Gleason Ave vs Bronx

71 DAYS ON ROCKET

+7 Days

$1,300,000

+$710.1K More

$301/SqFt

-$47 Less

KEY TAKEAWAY

This property is $710.1K more than the Median Sold Price and $47/SqFt less than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6327685

Listing Office:

  • Office Name: Keller Williams Realty NYC Grp
  • Office Phone: (718) 697-6800

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/23/2024, 4:11:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$11,201$352,350
2018$10,737$91,127
2017$10,081$84,418

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-926676
6
/10

  • The Dr. Emmett W. Bassett School

  • 1075 Pugsley Ave

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-926677
6
/10

  • P.S. 583 Bronx

  • 1028 White Plains Rd

  • 0.27 miles

  • Public District Grades PK-KG

school-card-donut-926678
4
/10

  • P.S. 47 John Randolph

  • 1794 E 172nd St

  • 0.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,019. Most Bronx, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10472›1945 Gleason Ave

This home is located at 1945 Gleason Ave in Bronx, NY and zip code 10472 in the Castle Hill neighborhood. This 4,320 square foot home, which was built in 1928, sits on a 0.06 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,300,000.

In October 2024 more than 38 listings in Bronx, NY were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 61 were sold below. In October 2024 in Bronx, NY there were 2.8% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $589,852, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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