3 months on rocket

850 Morris Park Ave, Bronx, NY, 10462

$1,175,000

Home List Price

$10,000*

Closing Credit

14 Bedrooms
7 Full Baths
5,760 SqFt
$204/SqFt
Multi
Schools Nearby

Location

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850 Morris Park Ave, Bronx$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1927
HeatingNatural Gas, Hot Water, Steam
CoolingWindow Unit(s)
BasementYes
MLS #H6286131
StatusActive
(A)

About 850 Morris Park Ave

Calling all investors: 850 Morris Park Avenue, is a well-maintained seven-family multiple building conveniently located near shopping, public transportation and great Morris Park Avenue eateries. This is a rent stabilized building. There are seven (2) bedroom apartments (2 on each floor plus one in the basement rear on the C of O.) There is an extra basement flex space/mechanical room that adds approximately an additional 960 sq feet and includes a full bathroom and two storage rooms. Recent renovations include new bathroom in unit 3, marble t painted stairwells and floor tiles in the common space and security camera system throughout the public spaces, Five apartments are renovated, and new gas furnace recently installed. One vacant unit (apt 4) to be delivered vacant at closing. Annual RR $126,628.56. RENTS: Apt1: 1648.05, Apt 2: 1167.15, Apt 3: 1489.92, Apt 4: 1913.74, Apt. 5 1398.24, Apt 6 1495.75, Apt 7: 1567.23 $!0,680 per month $128.160 per year

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 5,760 SqFt

Listing Office:

  • Office Name: Prime Realty Group, Inc.
  • Office Phone: (718) 597-2300

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen, Entrance Foyer

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 14

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 850 Morris Park Avenue is located between Bronxdale and Matthews Aves.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $204/SqFt

Tax Information:

  • Annual Amount: $23,877
  • 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

850 Morris Park Ave vs Bronx

94 DAYS ON ROCKET

-77 Days

$1,175,000

+$602.5K More

$204/SqFt

-$137 Less

KEY TAKEAWAY

This property is $602.5K more than the Median List Price and $137/SqFt less than other homes in Bronx, NY.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6286131

Listing Office:

  • Office Name: Prime Realty Group, Inc.
  • Office Phone: (718) 597-2300

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: 4/28/2024, 11:11:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2014Home Sold
$670,000
Feb 19, 2014Home Sold
$575,000
May 02, 2005Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,877$331,920
2018$21,720$177,283
2017$20,385$170,769

History based on county public records data.

Payment Calculator

$5,932

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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-2174738
3
/10

  • PS 105 Senator Abraham Bernstein

  • 725 Brady Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-2174739
6
/10

  • PS 96 Richard Rodgers

  • 2126 Barnes Ave

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-2174740
4
/10

  • Young Voices Academy of The Bronx

  • 800 Lydig Ave

  • 0.60 miles

  • Public District Grades PK-KG

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,176. Most Bronx, NY residents have annual incomes between $35k-100k. The most common type of family is single, no kids. 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›10462›850 Morris Park Ave

This home is located at 850 Morris Park Ave in Bronx, NY and zip code 10462 in the Northeast Bronx neighborhood. This 5,760 square foot home was built in 1927. Features: 14 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $1,175,000.

Between February 2024 and March 2024, Bronx, NY real estate market has seen increase in the number of listings by 5.3%. In March 2024, listings were on the market for 171 days. During the same period, the median list price in this real estate market was $572,405.

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

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