2248 Bassford Avenue

East Tremont

$1,700,000
Price
27
Beds
9
Baths
8,820 Sq. Ft.
$193 / Sq. Ft.
8,820
Sq. Ft.
$193
per Sq. Ft.

Description

HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout...HUGE 8,820 SF Well-Maintained 8 Family Building Selling for an 8.95x GRM and 6.88% CAP RATE in Belmont area of Bronx by Saint Barnabas Hospital (only blocks to Fordham University and B, D & 4 subway line) offers (5) 3 Brms, (3) 4 Brms over Basement Workshop/Storage and Boiler Room. Many Improvements over the years: NEW Gas Main Risers throughout, Dual Boiler offers option to burn Gas or Oil, (2) 75 Gallon Hot Water Heaters, Upgraded Main Electrical Service with Meters and Electrical Lines Throughout Building and Apartments, Front Entry Door, Intercom System, 24 Hour Video Security Surveillance System and Mostly All Apartments have been Renovated at vacancy turnover. EXCELLENT CASH FLOW = $ 189,887 GROSS INCOME less $67,134 EXPENSES for $116,989 NET ANNUAL INCOME! Listed To Sell FAST $1,700,000 FIRM!
  1. Listed by Luis A. Morales Jr • eXp Realty
    P: 888-276-0630 C: 646-337-7284 Luis@BronxLiving.com

Property Details for 2248 Bassford Avenue

Garage Spaces
.00

Location

Listing Courtesy of eXp Realty
Add your commute
LISTING UPDATED: 03/12/2024 08:10 PM

Property Details for 2248 Bassford Avenue

StatusActive
MLS IDH6293979
Days on Market51
Taxes$16,762 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size2,579 SF / 35' x 74'
CountyBronx County

Building

2248 Bassford Ave

8 Units4 StoriesBuilt in 1910

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 2248 Bassford Avenue

Stories4Residences8Year Built1910Building Size35' x 63'Building Sq. Ft8,820 SFLot Size2,579 SF / 35' x 74'Building Age-Building Type-

Payment Calculator

$10,674 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$1,397

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2248 Bassford Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Directions: Bassford Ave Btw: E 182 St & E 183 St
  • Property Attached: Yes
  • Structure Type: true
  • Square Footage Source: Other
  • Lot Size Source: Other
  • 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
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 0
  • Unit Type Actual Rent: $1,966.27
  • Unit Type Appliances: Microwave,Oven/Range,Refrigerator
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,249.72
  • Unit Type Appliances: Microwave,Oven/Range,Refrigerator
Unit 3 Information
  • Unit Type Unit Number: Unit_3
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,600.12
  • Unit Type Appliances: Dishwasher,Microwave,Oven/Range,Refrigerator
Unit 4 Information
  • Unit Type Unit Number: Unit_4
  • Unit Type Floor Location: 2
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 7
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,260.89
  • Unit Type Appliances: Microwave,Oven/Range,Refrigerator
Unit 5 Information
  • Unit Type Unit Number: Unit_5
  • Unit Type Floor Location: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Baths Full: 2
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $1,742.34
  • Unit Type Appliances: Microwave,Oven/Range,Refrigerator
Unit 6 Information
  • Unit Type Unit Number: Unit_6
  • Unit Type Floor Location: 3
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 7
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,436.71
Unit 7 Information
  • Unit Type Unit Number: Unit_7
  • Unit Type Floor Location: 4
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 6
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $976.90
  • Unit Type Appliances: Dishwasher,Microwave,Oven/Range
Unit 8 Information
  • Unit Type Unit Number: Unit_8
  • Unit Type Floor Location: 4
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 7
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,174.13
  • Unit Type Appliances: Microwave,Oven/Range,Refrigerator
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 5
  • Number Of 4 Bedrooms: 3
  • Building Units Total: 8
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03050-0098
  • Tax Map Number: 03050-0098
  • Tax Assessed Value: $1,410,000.00
  • Included In Taxes: Sewer,Trash
  • Tenant Pays: Cooking Gas,Electricity,See Remarks
  • Additional Fees: 0
  • Additional Fee Frequency: Yearly
  • Additional Fee Description: MANAGEMENT (5%):
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $7,600.00
  • Fuel Expense: $10,584.00
  • Other Expense: $8,850.00
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area: 8820.0
  • Living Area Units: Square Feet
  • Basement: Full, See Remarks
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: On Street
  • Elevation Certificate: No
  • Construction Materials: Block,Brick,Stone
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: No
  • Cooling: None
  • Heating: Natural Gas, Oil, Other, Hot Water
  • Heat Fuel Type: Natural Gas, Oil, Other, Hot Water
  • Hot Water: Gas Stand Alone,See Remarks
  • Number Of Separate Gas Meters: 9
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 9
Green Features
  • Green Features: Natural Gas, Oil, Other, Hot Water

Property History for 2248 Bassford Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 2248 Bassford Avenue

Taxable ValueLand$11,250Additions$623,250Total$634,500
Home Facts
Total Finished SqFt8,820 SqFtLot Size2,578 SqFtYear Built1910ZoningR6AAPN2030500098

Schools near 2248 Bassford Avenue

This home is within Nyc Geog District #10 - Bronx.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - K to 5
Rating
School
Distance
P.S. 59 The Community School Of Technology
PublicPK to 5

Jhs 118 William W Niles
Public6 to 8

Theatre Arts Production Company School
Public6 to 12

P.S. 159 Luis Mumoz Marin Biling
PublicK to 5

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2248 Bassford Avenue is a multi-family home for sale in East Tremont. This property was listed for sale on March 8, 2024 by eXp Realty, it's currently listed at $1,700,000. It has been on the market for a total of 51 days and was last sold on February 19, 2010. This listing's school district is Nyc Geog District #10 - Bronx. Nearby schools include P.S. 59 The Community School Of Technology, Jhs 118 William W Niles and Theatre Arts Production Company School. 2248 Bassford Avenue is a 27-bed, 9-bath, 8,820 sqft multi-family home built in 1910.

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 eXp Realty

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.