23 days on rocket

1916 Edison Ave, Bronx, NY, 10461

$2,350,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
3,200 SqFt
$734/SqFt
Multi
Schools Nearby

Location

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1916 Edison Ave, Bronx$2,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1927
HeatingOil, Baseboard, Radiant
CoolingWindow Unit(s)
BasementYes
MLS #H6299689
Lot Size0.05 Acres
StatusActive
(A)

About 1916 Edison Ave

Asking price is for 2 buildings 1914 & 1916 Edison Ave with total 14 bedrooms and 8 full bathrooms plus full finished 3200 sqft high ceiling basements with OSE. A rare find, solid brick and well-maintained. Each building is a legal 4-units, comes with 7 bedrooms and 4 full bathrooms. 1916 Edison Ave layout: 2-bedroom apartment & 2-bedroom apartment on the 2nd floor, over 2-bedroom apartment & 1-bedroom apartment on the 1st floor, over full 1600 sqft & finished high ceiling basement with own separate entrances in front and from back yard, windows above ground. Meet the NYC regulations and codes for environmental, boiler, gas lines, etc. No open violations found. R-6 Zoning. building dimension: 20' * 80', lot size 25' * 95'. 2 blocks from #6 train station, close to new Metro-North train station, bus stations including Q50 to Flushing, Queens. $200K annual rental income with huge upward potential. NOT rent regulated. Interior pictures are staged or digitally enhanced.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1927
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: B Square Realty
  • Office Phone: (718) 939-8388

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Google map

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,350,000
  • Price Per SqFt: $734/SqFt

Tax Information:

  • Annual Amount: $12,209
  • 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

$574.4K

Med. Price/SqFt

$343

Avg. Days On Market

165

# of Sold Homes

136

1916 Edison Ave vs Bronx

23 DAYS ON ROCKET

-142 Days

$2,350,000

+$1.7M More

$734/SqFt

+$390 More

KEY TAKEAWAY

This property is $1.7M more than the Median List Price and $390/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: #H6299689

Listing Office:

  • Office Name: B Square Realty
  • Office Phone: (718) 939-8388

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: 5/1/2024, 10:11:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,209$282,150
2018$11,136$90,980
2017$10,454$87,553

History based on county public records data.

Payment Calculator

$11.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,112

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-4432913
7
/10

  • Icahn Charter School 4

  • 1500 Pelham Pkwy S

  • 0.75 miles

  • Public Charter Grades KG-6

school-card-donut-4432914
8
/10

  • Icahn Charter School 5

  • 1500 Pelham Pkwy S

  • 0.75 miles

  • Public Charter Grades KG-4

school-card-donut-4432915
7
/10

  • PS 14 Senator John Calandra

  • 3041 Bruckner Blvd

  • 1.04 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,241. The majority of Bronx, NY residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10461›1916 Edison Ave

This home is located at 1916 Edison Ave in Bronx, NY and zip code 10461 in the Pelham Bay neighborhood. This 3,200 square foot home, which was built in 1927, sits on a 0.05 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $2,350,000.

In April 2024 in Bronx, NY there were 9.5% more homes for sale than in March 2024. In April 2024, listings were on the market for 165 days. During the same period, the median list price in this real estate market was $574,421.

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

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