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.
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
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.
The 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
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
PS 30 Wilton
510 E 141st St
Distance between this listing and this school0.06 miles
Public District Grades PK-5
3
/10
Young Leaders Elementary School
468 E 140th St
Distance between this listing and this school0.15 miles
Public District Grades PK-5
4
/10
PS 179
468 E 140th St
Distance between this listing and this school0.15 miles
Public District Grades PK-5
Nearby Schools
6
/10
Academy of Applied Mathematics and Technology
345 Brook Ave
Distance between this listing and this school0.05 miles
Public District Grades 6-8
2
/10
P.S./I.S. 224 School
345 Brook Ave
Distance between this listing and this school0.05 miles
Public District Grades 6-8
6
/10
Brilla College Preparatory Charter School
413 E 144th St
Distance between this listing and this school0.22 miles
Public Charter Grades KG-8
Nearby Schools
3
/10
International Community High School
345 Brook Ave
Distance between this listing and this school0.05 miles
Public District Grades 9-12
5
/10
South Bronx Preparatory - a College Board School
360 E 145th St
Distance between this listing and this school0.30 miles
Public District Grades 6-12
3
/10
American Dream Charter School
403 Concord Ave
Distance between this listing and this school0.39 miles
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.
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.