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$1449000   Price Analysis
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2438 Hoffman St
Bronx, NY 10458
12 bed 8 bath 6000 SqFt ($241/SqFt)
2884SqFt lot. Built 1922
Listed 2024-05-07, Taxes $14362
Ⓧ USDA Ineligible
due to price & location

near Bronx

FUTURE VALUE and versatility highlights othis 8 Family Investment property providing todays investor with imagination a golden opportunity and future return on investment.

This property is for an investor that can think outside the box with exceptional opportunities of capital investment and improvement for rehab, potential of dormitory conversion nd use and occupancy. Opportunities abound for this 2885 SF lot R6 zoned property. Located in the heart of the Belmont Section of The Bronx.

1.5 Blocks from Fordham University, walking distance to the Arthur Avenue Market and specialty shops on Arthur Avenue and E, 187th Street. Walking distance to the cultural centers of the Botanical Gardens and Bronx Zoo. Simply put there is a tremendous upside for this investment property for the knowledgeable investor that cant be by-pa ssed. Calculated Potential Gross Income $144, 000/yr. Opportunity is knocking at your door. Estimated GBA 6000 SF


Presented by Richard Greco at
Richard Greco Real Estate.


Property MLS #H6305557 from OneKeyMLS

Bedrooms: 12

Total Bathrooms: 8
Full Bathrooms: 8

Basement Features: Full, Unfinished
Basement Description: Full, Unfinished

Cooling Features: Zoned
Fuel Expense: 11749
Heating Features: Oil, Hot Water

Lot Description: Level
Lot Size Acres: 0.0662075
Lot Size Square Feet: 2884

Road Responsibility: Public Maintained Road

Parking Features: On Street

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 6500

Elementary School District: City of New York
High School District: City of New York
Middle or Junior School District: City of New York

Thomas C Giordano Middleschool 45 is a public middle school located approximately 0.1 miles away.
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Ps 205 Fiorello Laguardia is a public elementary school located approximately 0.3 miles away.
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Our Lady Of Mt Carmel School is a private elementary and middle school located approximately 0.1 miles away.
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Fordham Leadership Academy for Business & Technology is a public high school located approximately 0.2 miles away.
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Number of Units: 8
Number of 1 Bedroom Units: 4
Number of 2 Bedroom Units: 4

Tenant Pays: Cooking Gas, Electricity

Community Features: Park

Annual Tax Amount: 15806.00
Source Listing Status: Active
County: Bronx
Directions: North of East 188th Street, property is located adjoining parking lot of old Ice House
List Price Low: 1449000
Source Property Type: Residential Income
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 8
Owner Pays: Insurance
Parcel Number: 03066-0034
Postal City: BRONX
Property Subtype: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$505350 + $7650
$513000
$14362
2022$521550 + $7650
$529200
$13265
2021$415800 + $7650
$423450
$12315
2020$457200 + $7650
$464850
$12522
2019$477000 + $7650
$484650
$12265
2018$88469 + $1595
$90064
$11359
2017$81798 + $1604
$83402
$10607
2016$75590 + $1637
$77227
$9956
2015$72751 + $2061
$74812
$9617
2015$75262 + $1965
$77227
$9949
2014$67522 + $1758
$69280
$9106
2011$57970 + $1436
$59406
$7980
2010$57970 + $1436
$59406
$7932
2009$57360 + $2046
$59406
$7619
2007$46997 + $2354
$49351
$5886

Price Changed 2024-07-23
$1449000
OneKeyMLS
Price Changed 2024-07-22
$1350000
OneKeyMLS
Price Changed 2024-06-12
$1499990
OneKeyMLS
Price Changed 2024-06-04
$1499999
OneKeyMLS
Listed 2024-05-07
$1600000
OneKeyMLS
Sold 1996-08-02
$93750
Public Record

Total Square Feet Living: 6000
Year Built: 1922
Common Walls: 2+ Common Walls
Construction Materials: Brick, Stucco
Property Age: 102
Property Attached: Yes

Sewer: Public Sewer
Water Source: Public
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laundry_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.