1910 Pelham Parkway South, Unit 4B/7C/3F

$325,000
Price
5
Beds
3
Baths
1
1/2 Bath
2,600 Sq. Ft.
$125 / Sq. Ft.
2,600
Sq. Ft.
$125
per Sq. Ft.

Description

Sponsor is retiring! Rare opportunity for investors. POSITIVE CASH FLOW CASH Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units. Unit #7C status: RS size: 2BR/2BTH Shares: 337 rent: $1,286 Maint: $1,266 lease expiration 10/31/2025. The tenant has been renting since the Sponsor bought the unit in 1997. He is an older man. His sister is in charge of his affairs. She sends in his rent and she is not interested in living there....Sponsor is retiring! Rare opportunity for investors. POSITIVE CASH FLOW CASH Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units. Unit #7C status: RS size: 2BR/2BTH Shares: 337 rent: $1,286 Maint: $1,266 lease expiration 10/31/2025. The tenant has been renting since the Sponsor bought the unit in 1997. He is an older man. His sister is in charge of his affairs. She sends in his rent and she is not interested in living there. He has no children nor a wife. Unit #3H status: FM size: 1BR shares: 180 rent: $1,550 Maint: $677 lease expiration: 04/30/2025. The tenant has been renting for the past 5 years. Unit #4B status: RS size: 2BR/1BTH shares: 242 rent: $ 909 Maint: $909 Lease expiration:11/30/2024. The tenant is the daughter of the original tenant. That means that she can not pass on the status of RS to anyone else. She has no children. When the tenant vacates the unit becomes FM and can be sold or rented at any price. Total: shares 759 rent: $3,745 Maint: $2852 Positive cash flow: $893 X 12 = $10,716 yearly Leases and 2022 financials will be provided upon request. The seller is the owner of unsold shares that do not require board approval. Pelham Towers is a well-maintained 1964 building located in the residential section of Pelham Bay. Excellent location near Pelham Bay Park, Orchard Beach, City Island, Jacobi Hospital, Baychester shopping mall, and the New England Thruway. Close to the #6 Pelham Bay train station, main bus terminal, and express bus to Manhattan. Near shopping and restaurants. Great Investment!
  1. Listed by Gerard R. Desgranges • Gerard R Desgranges
    P: 917-679-8927 C: 917-679-8927 GerardRealty@gmail.com

Property Details for 1910 Pelham Parkway South, Unit 4B/7C/3F

Subdivision Name
Parkway Owners, Inc
Architectural Style
Mid-Rise
Community Features
Park,Subway
Garage Spaces
26.00
Pets Allowed
Cats OK

Location

Listing Courtesy of Gerard R Desgranges
Add your commute
LISTING UPDATED: 03/16/2024 02:35 PM

Property Details for 1910 Pelham Parkway South, Unit 4B/7C/3F

StatusActive
MLS IDH6290191
Days on Market70
Taxes-
Maintenance$2,852 / month
Min. Down Pymt-
Total Rooms12.0
Compass TypeCo-op
MLS TypeCo-Operative
Year Built1964
CountyBronx County

Building

1910 Pelham Pkwy S

52 Units6 StoriesBuilt in 1964

Location

Listing Courtesy of Gerard R Desgranges
Add your commute

Building Information for 1910 Pelham Parkway South, Unit 4B/7C/3F

Building/Complex1910 Pelham Pkwy SFloor-Stories6Residences52Pet Policy-Year Built1964Building Age-Building Type-

Payment Calculator

$4,626 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

Maintenance/Common Charges

$2,852

The Payment Calculator is for illustrative purposes only.

Property Information for 1910 Pelham Parkway South, Unit 4B/7C/3F

Summary
Location and General Information
  • Village: Bronx
  • Development Name: Parkway Owners, Inc
  • Complex Name: Parkway Owners, Inc
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Property Attached: No
  • Structure Type: false
  • Lease Considered YN: Yes
  • Square Footage Source: Other
  • Approval Required: 0
  • State Or Province: NY
School Information
  • School District: City of New York
  • Elementary School District: City of New York
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: City of New York
  • Middle Or Junior School: Call Listing Agent
  • High School District: City of New York
  • High School: Call Listing Agent
Rental
Rental
  • Lease Considered: Yes
Taxes and HOA Information
Taxes and HOA Information
  • Association Fee 2: $2,852.00
  • Association Fee 2 Frequency: Monthly
  • Association Fee Includes: Heat, Hot Water
Interior and Exterior Features
Interior Features
  • Amenities: Dishwasher, Elevator, Hardwood Floors As Seen, Intercom, Mid-Rise, Park, Public, Subway
  • Interior Features: Elevator
  • Appliances: Dishwasher,Oven
  • Total Rooms: 12
  • Living Area: 2600.0
  • Living Area Units: Square Feet
  • Location Amenities: Subway, Hardwood Floors As Seen, Elevator
  • Common Walls: No Common Walls
  • Flooring: Hardwood
  • Inclusions: Dishwasher,Intercom
Exterior Features
  • Exterior Property Features: Waitlist, Park, Subway, Near Public Transit
  • Elevation Certificate: Yes
  • Road Responsibility: Public Maintained Road
Lot Information
  • Lot Features: Near Public Transit
  • Site Features: Park, Subway, Near Public Transit
  • Building Area Units: Square Feet
Parking
  • Parking Features: Waitlist
  • Attached Garage: No
  • Garage: Yes
  • Parking Assigned Spaces: 26
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Oil, Hot Water
  • Heat Fuel Type: Oil, Hot Water
  • Hot Water: On Demand
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
Green Features
  • Green Features: Dishwasher, Oven, Oil, Hot Water

Property History for 1910 Pelham Parkway South, Unit 4B/7C/3F

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1910 Pelham Parkway South, Unit 4B/7C/3F

This home is within New York City Geographic District # 8.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 8 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 71 Rose E Scala
PublicK to 8

Herbert H Lehman High School
Public8 to 12

Schuylerville Preparatory High School
Public9 to 12

Pelham Lab High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1910 Pelham Parkway South, Unit 4B/7C/3F is a co-op for sale in Pelham Bay. This property was listed for sale on February 19, 2024 by Gerard R Desgranges, it's currently listed at $325,000. This listing's school district is New York City Geographic District # 8. Nearby schools include P.S. 71 Rose E Scala, Herbert H Lehman High School and Schuylerville Preparatory High School. 1910 Pelham Parkway South, Unit 4B/7C/3F is a 5-bed, 3.5-bath, 2,600 sqft co-op built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gerard R Desgranges

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.