16 days on rocket

516 E 142nd St E, Bronx, NY, 10454

$949,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
2 Full Baths
2,040 SqFt
$465/SqFt
Multi

Location

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516 E 142nd St E, Bronx$949,000

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 Built1901
HeatingNatural Gas, Baseboard
CoolingWindow Unit(s)
BasementYes
MLS #H6334821
Lot Size0.06 Acres
StatusActive
(A)

About 516 E 142nd St E

Best multi-family deal in Mott Haven Bronx! Incredible opportunity for an investor OR end user alike. This property boasts a strong 8% Cap Rate when fully rented OR you can occupy the vacant 1st floor while collecting rent on the rest of the home. This is a large 2 family home with over 2,000 square feet between the 1st and 2nd floor and a walk in basement with an entrance in the front and the rear. The upstairs 3 bedroom unit is rented to a great tenant who is in good standing. The 1st floor is fully vacant and recently renovated featuring hardwood floors, a large living room, private terrace and spacious bedrooms. Off the master bedroom is a large private yard. The home is located just a couple minute walk to the Brook Ave-6 Train subways and just 2 stops to Manhattan. In the immediate vicinity you have multiple parks including St. Mary's Park and Dog Run. Groceries, restaurants, bars, transportation and just about anything you need. Reach out to Brian to schedule!

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 2,040 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (732) 668-1861

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Virtual/3D Tour

  • Virtual Tour: 516 E 142nd St E
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $465/SqFt
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Housing Market Comparison

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

Med. Sold Price

$589.8K

Med. Price/SqFt

$348

Avg. Days On Market

64

# of Sold Homes

145

516 E 142nd St E vs Bronx

16 DAYS ON ROCKET

-48 Days

$949,000

+$359.1K More

$465/SqFt

+$117 More

KEY TAKEAWAY

This property is $359.1K more than the Median Sold Price and $117/SqFt more than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6334821

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (732) 668-1861

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: 11/22/2024, 10:56:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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-827142
3
/10
  • PS 30 Wilton

  • 510 E 141st St

  • 0.06 miles

  • Public District Grades PK-5

school-card-donut-827143
3
/10
  • Young Leaders Elementary School

  • 468 E 140th St

  • 0.15 miles

  • Public District Grades PK-5

school-card-donut-827144
4
/10
  • PS 179

  • 468 E 140th St

  • 0.15 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,027. The most common annual income of people living in Bronx, NY is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket Homes›New York›Bronx County›Bronx›10454›516 E 142nd St E

This home is located at 516 E 142nd St E in Bronx, NY and zip code 10454 in the Mott Haven neighborhood. This 2,040 square foot home, which was built in 1901, sits on a 0.06 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $949,000.

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. The inventory of homes for sale in Bronx, NY between September 2024 and October 2024 increased by 2.8%. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $589,852.

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

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