1900 Pelham Pkwy S #4B, Bronx, NY 10461
FOR SALE

1900 Pelham Pkwy S #4B
Bronx, NY 10461

Pelham Bay
  • 5 Beds
  • 4 Baths
  • 5 Beds
  • 4 Baths

$325,000

Original price: $345,000
Est. Mortgage $2,054/mo*
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Local Information

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Description

Sponsor is retiring!
CASH ONLY!
Sponsor sale (owner of unsold shares) NO BOARD APPROVAL 3 occupied units for sale. one Free Market and 2 Rent-Stabilized units.
Rare opportunity for investors. POSITIVE CASH FLOW
3 occupied units for sale. one Free Market and 2 Rent-Stabilized units.
Unit #7C status: RS size: 2BR/2BTH Shares: 337 rent: $1,286 Maint: $1,266 lease expiration 10/31/2025. The tenant has been renting since the Sponsor bought the unit in 1997. He is a single older man. His sister is in charge of his affairs. She sends in his rent and she is not interested in living there.
Unit #3H status: FM size: 1BR shares: 180 rent: $1,550 Maint: $677 lease expiration: 04/30/2025. The tenant has been renting for the past 5 years.
Unit #4B status: RS size: 2BR/1BTH shares: 242 rent: $ 909 Maint: $909 Lease expiration:11/30/2024. The tenant is the daughter of the original tenant. That means that she can not pass on the status of RS to anyone else. When the tenant vacates the unit becomes FM and can be sold or rented at any price.
Total: shares 759 rent: $3,745 Maint: $2852
Positive cash flow: $893 X 12 = $10,716 yearly
Leases and 2022 financials will be provided upon request.
The seller is the owner of unsold shares that do not require board approval.
Pelham Towers is a well-maintained 1964 building located in the residential section of Pelham Bay. Excellent location near Pelham Bay Park, Orchard Beach, City Island, Jacobi Hospital, Baychester shopping mall, and the New England Thruway.
Close to the #6 Pelham Bay train station, main bus terminal, and express bus to Manhattan.
Near shopping and restaurants.
Great Investment!!
XXXXXX We will try to arrange a viewing of the apartments once we receive an accepted offer with the proof of funds.
Since the three units are occupied it is not easy to schedule a viewing simultaneously.
Please take notice that the exact address is 1910 Pelham Parkway. NOT 1900 (typo)

Home Highlights

Parking
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Outdoor
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HOA
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Listed
62 days ago
Listing by: Gerard Desgranges Realty, (212) 645-1863

Home Details for 1900 Pelham Pkwy S #4B

Days on Market

Days on Market: 62 Days on Trulia

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Apartment

Interior Features

Levels, Entrance, & Accessibility
Elevator

Community

Units in Building: 31

Price History for 1900 Pelham Pkwy S #4B

DatePriceEventSource
03/14/2024$325,000PriceChange
StreetEasy
02/26/2024$345,000Listed For SaleStreetEasy

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Neighborhood Overview

Pelham Bay
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What Locals Say about Pelham Bay

  • Julissa Nunez
    "living here for 11 years so far and its been great! Schools are great and safe. Good food gym supermarkets train is walking dostance and express bus to the city."
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  • Trulia User
    "It's diversity and the kind people. And everything is near by. Transportation highways, and 24 hour delis."
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  • Trulia User
    "I have family there and friends there and I want to live close to them. I used to live in that neighborhood with my sister."
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  • Trulia User
    "They would like the dog Park. They would like the water fountains if they had one too, for children and pets."
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  • Trulia User
    "VERY SAFE AND SECURE TO LOCATE---EVEN FOR A 5 YEAR MINIMUM. LOCATION IS ADAPTABLE FOR ANYONE NEEDING A POSITIVE RESPITE. ALWAYS COMFORTABLE, LIVEABLE, LONG OR SHORT TERM. AND CAN UPGRADE TO HOUSES FOR EVEN A BETTER LIFE SITUATION. SO VERY MUCH FAMILY ORIENTATED OR INVESTMENT WORTH. TOO MANY ACCOLADES"
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  • Trulia User
    "many events for the holidays and the parks are in full gear. transit is great and the neighborhood is awesome "
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  • Trulia User
    "There are plenty of dog owners around here. There’s a dog park in Pelham bay park as well! Great place to live in. "
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  • Trulia User
    "I own a dog and so far never had a problem, there are silly people everywhere so some will not pick up after they’re dogs but overall it’s pretty clean and people are respectful "
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  • Trulia User
    "Awesome neighborhood and super friendly community. Great place to raise your kids and interact with other people. "
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  • Trulia User
    "p people love their dogs over here they're very friendly they pick up after they dogs and that's the part I love they don't have the dog poop going everywhere and that's a good thing"
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  • Trulia User
    "My neighborhood is safe and quiet for the most part. I've lived here for lityle over a year and I love it."
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  • Trulia User
    "I can't think of anything at the moment. everyone is very friendly most owners here love dogs 🐕 ❤️ cats to."
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  • Trulia User
    "There are many dog owners. There is a large park nearby to walk the dog. Most dogs owners pick up after their dogs. The streets are busy and a highway is nearby therefore it very important to keep a dog leashes. "
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  • Trulia User
    "Neighborhood is great, I just wish folks would pick up after their dogs. Great restaurants and pretty safe."
    3
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  • Trulia User
    "people are friendly very nice we look after each others houses we look after our pets I love this neighborhood very low crime rate you have stores walking distance 😉 "
    2
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  • Trulia User
    "I've lived in the neighborhood 3 years and people are friendly and look out for each other. my neighbors pull in my packages and say hello and are friendly."
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  • Trulia User
    "people are very friendly here most neighbors look out for one another. don't ever leave ur car un locked even if it's in front of your garage that's the down side but I would recommend this area to anybody. "
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  • Trulia User
    "None that I can think of but this is a quiet and famy oriented area, not too many bells and whistles but all the basic needs are within dhirt dustanve. "
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  • Trulia User
    "Because of Covid I cannot think of activities in the community. But it feels safe to walk around. Nice groceries stores around."
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  • Trulia User
    "Close to major highways and blocks away from the train station. You can walk at anytime without thinking of getting robbed "
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  • Trulia User
    "There are many walking parks, beaches, and stores in this neighborhood. I have lived here fir 20 years and have enjoyed myself with my family. There’s easy access to I-95 & Hutchinson River Parkway as my east access routes to many other parkways and highways. There’s a great diverse population that are both friendly and hardworking. Public transportation is only steps away, and there are so many stores, schools, libraries, and so much more. "
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  • Trulia User
    "Public transportation is accessible via train or express buses to the city about a 30 minute commute. "
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  • Trulia User
    "Eateries, beaches and bike and walking paths. Churches, stores, libraries , easy access to I 95, Hutchinson river parkway and Buckner expressway. "
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  • Trulia User
    "I just move 6 months ago is the best are to live u have everything u need and want and close to everything "
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  • Trulia User
    "It is very easy for me! My neighborhood has easy access to public transportation,busses and trains and highways! "
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  • Trulia User
    "Mostly private homes working class, and all rrains and buses are available. Huge parks, clean and very safe."
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  • Yolanda P.
    "Neighbors are friendly. I’ve lived here for 26 years. Easily accessible to public transportation and highways. "
    38
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  • Angelica435
    "Family friendly. Great restaurants and bakeries. I live next to a great catholic school and church St. Theresa."
    5
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  • Mrsedejesus
    "Holiday spirit, shopping is close, restaurants are close schools are near by and fast to get to the city for any event"
    1
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  • Aubrey M.
    "none that I kno of but the neighbors are friendly and quiet. everything you could want is within walking distance. "
    1
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  • Trulia User
    "It’s nice area to live w your kids and family in. Great loving experience people are nice and speak to one another all the time. Lovely community and the Supermarket is great. "
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  • Jkuwonu
    "I’ve lived in this neighborhood for 2 years and I love it! Right by the biggest park in NYC! Good for walks, jogs and bike rides"
    11
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  • Emrankhan1
    "I lived here more than 20 years. Safe neighborhood . People’s reaction friendly. Socially moderate.We all live in such a diverse good place. I love this place."
    7
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  • MIKE R.
    "FRIENDLY, FAMILY ORIENTATED, CLEAN, WHOLESOME LIFESTYLE AND ENVIRONMENT. ALWAYS A RELAXING MOOD GOING TO AND FROM. "
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  • Frank A.
    "Was a great neighborhood but now it’s holding on to very good. There have been small changes but currently it’s still a safe neighborhood to live in."
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  • Juancosme90
    "My neighborhood has great access to commute from The Bronx to Manhattan, Queens, Long Island, White Plains, New Rochelle and others places using public transportation. "
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  • Stephanie
    "Safe neighborhood, close to Pelham Bay Park, easy access to Manhattan and minutes away from Westchester."
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  • Alicia
    "Great place to live with your family, schools are great and a nice mix of cultures. There are activities scheduled for neighborhoo"
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  • Christian C.
    "great place to live great schools plenty of restaurants banks and other businesses transportation is easily accessible "
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  • Emrankhan1
    "Our community is welcome whole diversity. Commute to Manhattan by train or express bus service. Neighbourhood is safe. People are very nice and respectful."
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LGBTQ Local Legal Protections

Gerard Desgranges - Licensed Real Estate Broker, Gerard Desgranges Realty
1900 Pelham Pkwy S #4B, Bronx, NY 10461 is a 5 bedroom, 4 bathroom apartment built in 1949. 1900 Pelham Pkwy S #4B is located in Pelham Bay, Bronx. This property is currently available for sale and was listed by StreetEasy on Feb 26, 2024.