516 East 142nd Street

Mott Haven

$949,000
Price
6
Beds
2
Baths
2,040 Sq. Ft.
$465 / Sq. Ft.
2,040
Sq. Ft.
$465
per Sq. Ft.

Description

Best multi-family deal in Mott Haven Bronx! Incredible opportunity for an investor OR end user alike. This property boasts a strong 8% Cap Rate when fully rented OR you can occupy the vacant 1st floor while collecting rent on the rest of the home. This is a large 2 family home with over 2,000 square feet between the 1st and 2nd floor and a walk in basement with an entrance in the front and the rear. The upstairs 3 bedroom unit is rented to a great tenant who is in good standing. The 1st floor is...Best multi-family deal in Mott Haven Bronx! Incredible opportunity for an investor OR end user alike. This property boasts a strong 8% Cap Rate when fully rented OR you can occupy the vacant 1st floor while collecting rent on the rest of the home. This is a large 2 family home with over 2,000 square feet between the 1st and 2nd floor and a walk in basement with an entrance in the front and the rear. The upstairs 3 bedroom unit is rented to a great tenant who is in good standing. The 1st floor is fully vacant and recently renovated featuring hardwood floors, a large living room, private terrace and spacious bedrooms. Off the master bedroom is a large private yard. The home is located just a couple minute walk to the Brook Ave-6 Train subways and just 2 stops to Manhattan. In the immediate vicinity you have multiple parks including St. Mary's Park and Dog Run. Groceries, restaurants, bars, transportation and just about anything you need. Reach out to Brian to schedule!
  1. Listed by Brian Ippoliti • eXp Realty
    P: (888)-276-0630 C: (732)-668-1861 brian@succeedrealestate.team

Property Details for 516 East 142nd Street

Garage Spaces
.00
LISTING UPDATED: 11/10/2024 04:41 PM

Property Details for 516 East 142nd Street

StatusActive
MLS IDH6334821
Days on Market6
Taxes$2,192 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1901
Lot Size2,500 SF / 25' x 100'
CountyBronx County

Building

516 E 142nd St

2 Units3 StoriesBuilt in 1901

Virtual Tour

Building Information for 516 East 142nd Street

Stories3Residences2Year Built1901Building Size20' x 39'Building Sq. Ft2,340 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Property Information for 516 East 142nd Street

Summary
Location and General Information
  • Village: Bronx
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Property Attached: Yes
  • Structure Type: true
  • Square Footage Source: Other
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Bronx 7
  • Elementary School District: Bronx 7
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: Bronx 7
  • Middle Or Junior School: Academy Of Applied Math And Tech
  • High School District: Bronx 7
  • High School: Call Listing Agent
Unit Information
Unit 1 Information
  • Unit Type Unit Number: Unit_1
  • Unit Type Floor Location: 1st floor
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 4
  • Unit Type Leased: 0
Unit 2 Information
  • Unit Type Unit Number: Unit_2
  • Unit Type Floor Location: 2nd floor
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Baths Full: 1
  • Unit Type Rooms Total: 5
  • Unit Type Leased: 1
  • Unit Type Actual Rent: $2,440.00
Unit Information
  • Number Of 3 Bedrooms: 2
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 02268-0012
  • Tax Map Number: 02268-0012
  • Tax Assessed Value: $60,240.00
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area: 2040.0
  • Living Area Units: Square Feet
  • Basement: Finished, Full
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: None
  • Elevation Certificate: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: None
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Heat Fuel Type: Natural Gas, Baseboard
  • Number Of Heating Zones: 2
  • Hot Water: Indirect Tank
  • Number Of Separate Gas Meters: 1
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 1
Green Features
  • Green Features: Natural Gas, Baseboard

Property History for 516 East 142nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 516 East 142nd Street

Taxable ValueLand$9,900Additions$50,340Total$60,240
Home Facts
Total Finished SqFt2,040 SqFtLot Size2,500 SqFtYear Built1901ZoningR6APN2022680012

Schools near 516 East 142nd Street

This home is within New York City Geographic District # 7.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 30 Wilton
PublicPK to 5

P.S. Is 224
Public6 to 8

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.

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516 East 142nd Street is a multi-family home for sale in Mott Haven. This property was listed for sale on November 6, 2024 by eXp Realty, it's currently listed at $949,000. This listing's school district is New York City Geographic District # 7. Nearby schools include P.S. 30 Wilton, P.S. Is 224 and Middle School 223 Laboratory School of Finance and Technology. 516 East 142nd Street is a 6-bed, 2-bath, 2,040 sqft multi-family home built in 1901.

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. Offers of compensation are subject to change at the discretion of the seller. 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.