1 month on rocket

Sale Pending

1631 Van Buren St, Bronx, NY, 10460

$850,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,360 SqFt
$360/SqFt
Multi
Schools Nearby

Location

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1631 Van Buren St, Bronx$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone, Off Street
Year Built1925
HeatingOil, Baseboard
CoolingWindow Unit(s)
BasementYes
MLS #H6291672
Lot Size0.06 Acres
StatusSale Pending
(U)

About 1631 Van Buren St

Welcome to a fantastic investment opportunity in the Van Nest area a legal 3-family home. This property features 5 bedrooms and 4 bathrooms, with the added benefits of a full finished basement and a backyard, enhancing its overall appeal. One significant advantage of this property is all units are currently occupied, presenting an immediate income-generating opportunity for the new owner. The tenants do not have active leases, providing flexibility for the new owner to establish new lease agreements as needed. Conveniently located minutes from transportation. Whether you're an experienced investor or someone entering the real estate market, the combination of a well-structured property, full tenant occupancy, and a prime location makes this 3-family home in Van Nest a compelling investment opportunity. Don't miss the chance to own a property that is a fantastic income generator in a sought-after location.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 2,360 SqFt

Listing Office:

  • Office Name: Pantiga Group Inc.
  • Office Phone: (347) 657-1114

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None, Off Street

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Oil, Baseboard
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $360/SqFt

Tax Information:

  • Annual Amount: $5,639
  • Tax Year: 2020
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Housing Market Comparison

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

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Bronx, NY

City

Med. List Price

$572.4K

Med. Price/SqFt

$341

Avg. Days On Market

171

# of Sold Homes

125

1631 Van Buren St vs Bronx

59 DAYS ON ROCKET

-112 Days

$850,000

+$277.5K More

$360/SqFt

+$19 More

KEY TAKEAWAY

This property is $277.5K more than the Median List Price and $19/SqFt more than other homes in Bronx, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6291672

Listing Office:

  • Office Name: Pantiga Group Inc.
  • Office Phone: (347) 657-1114

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: 4/27/2024, 3:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 19, 2017Home Sold
$689,000
Feb 25, 2016Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,639$42,720
2018$5,072$26,136
2017$4,394$24,883

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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-1362342
6
/10

  • Archer Elementary School

  • 1827 Archer St

  • 0.26 miles

  • Public District Grades PK-4

school-card-donut-1362343
4
/10

  • PS 536

  • 1827 Archer St

  • 0.26 miles

  • Public District Grades PK-4

school-card-donut-1362344
3
/10

  • Bronx Little School

  • 1827 Archer St

  • 0.26 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,630. Most Bronx, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10460›1631 Van Buren St

This home is located at 1631 Van Buren St in Bronx, NY and zip code 10460 in the Northeast Bronx neighborhood. This 2,360 square foot home, which was built in 1925, sits on a 0.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $850,000.

Between February 2024 and March 2024, Bronx, NY real estate market has seen increase in the number of listings by 5.3%. While the average time on the market in March 2024 was 171 days, the median list price was $572,405.

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

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