2650 Marion Avenue, Bronx, NY 10458 Property Information
2650 Marion Avenue, Bronx, NY 10458 Property Information
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- Owner
- Documents
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- Neighborhood
Address
| Primary address | 2650 Marion Avenue |
| Neighborhood | Fordham |
| Zip code | 10458 |
| Borough | Bronx |
| Block & lot | 03282-0016 |
Sales & Tax Overview for 2650 Marion Avenue, Bronx
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/27/2018 |
| Purchase price | $5,250,000 |
| Tax class | Register |
| Estimated property tax | $60,789 |
Lot & Building Information for 2650 Marion Avenue, Bronx
| Lot sq. ft. | 8,250 |
| Lot dimensions | |
| Property type | Over Six Families without Stores (C1)
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| Building sqft | 23,750 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 5 |
| Year built | 1911 |
| Construction type | Register |
Area Overview
| School district | 10 |
| Community district | 7 |
| Closest police station | 0.87 Miles |
| Closest fire station | 0.39 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 2650 Marion Avenue, Bronx
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About 2650 Marion Avenue, Bronx
2650 Marion Avenue, Bronx, NY 10458 was built in 1911 and has a total of 23,750 square feet.
What is the assessed value of 2650 Marion Avenue, Bronx, NY 10458 and the property tax paid?Assessed at $547,650, the tax amount paid for 2650 Marion Avenue, Bronx, NY 10458 is $56,535. For the next year, the tax amount for 2650 Marion Avenue, Bronx, NY 10458 is estimated at $60,789.
When was 2650 Marion Avenue, Bronx, NY 10458 last sold and what was the last sale price?2650 Marion Avenue, Bronx, NY 10458 was last sold in 03/27/2018 for $5,250,000.
How many residential units does this building have?This building has 21 residential unit(s). There are 1 active listings at this address.
Ownership Information for 2650 Marion Avenue, Bronx
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Spaces for Sale in 2650 Marion Avenue, Bronx
| Listing type | For Sale |
|---|---|
| Listing date | 01/30/2024 |
| Last updated | 01/23/2025 |
| Lot size | 0.189 Acre |
- 6 total walk-up buildings, spanning 96,500 gross square feet, with 100 residential units and 311 bedrooms.
- Densely positioned within 1 block of one another, simplifying management and maintenance.
- 435′ of street frontage with each building having airshafts and carveouts, allowing windows on all four sides.
- $2,650,000 gross income, averaging $2,200 per unit, with a T12 NOI of $1,900,000.
- All 6 buildings are perfectly maintained with less than 12 violations per building on average.
- 3 Buildings benefit from a J51 abatement through 2037-2040, as a result of recent capital improvements.
- Agency debt is assumable at an average of 4.6% Fixed, with I/O burning off in 2026. Debt model available.
- Our asking price of $28,000,000 suggests a 14% Cash on Cash, or 9% after principal, come 2026.
- The buildings have separate loans and can be sold individually or as a package.
- Large unit layouts and proximity to Fordham make this a potential student housing opportunity.
Brokers
Past Sales & Property History for 2650 Marion Avenue, Bronx
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Title Documents for 2650 Marion Avenue, Bronx
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R: Recorded date
D: Document date
Property Taxes for 2650 Marion Avenue, Bronx
Access detailed property tax data for 2650 Marion Avenue, Bronx, NY 10458. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $56,535 |
| Estimated property tax: | $60,789 |
| Tax assessor's market value: | $1,217,000 |
| Assessed value: | $547,650 |
Assessment History for 2650 Marion Avenue, Bronx
Here's the assessment & property tax history for 2650 Marion Avenue, Bronx, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,217,000 | $547,650 | $454,500 | 12.439% | $56,535 | $56,535 | +10.53% |
| 2024/25 | $982,000 | $441,900 | $439,110 | 12.5% | $54,889 | $51,151 | +29.10% |
| 2023/24 | $974,000 | $438,300 | $376,710 | 12.502% | $54,369 | $39,621 | +28.71% |
| 2022/23 | $962,000 | $432,900 | $311,880 | 12.267% | $52,728 | $30,783 | +38.38% |
| 2021/22 | $915,000 | $411,750 | $242,910 | 12.235% | $50,378 | $22,245 | -8.61% |
Permits for 2650 Marion Avenue, Bronx
The complete history of permits filed for 2650 Marion Avenue, Bronx, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
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Bronx Commercial Market Stats
Access a detailed real estate market overview of Bronx so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Bronx and compare it to other boroughs in New York City.
Check out recently sold homes in Bronx and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Grand Concourse & Kingsbridge Rd at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Bainbridge Av/E 194 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | BX34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.087 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 2650 Marion Avenue, Bronx
Here are the neighbors for 2650 Marion Avenue, Bronx, NY 10458.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 2676 Marion Ave, Bronx | 6,100 | 06/30/2014 | |
| 2672 Marion Ave, Bronx | 3,594 | 07/24/2007 | $515,000 |
| 2997 Marion Ave, Bronx | 13,356 | 06/29/2021 | |
| 2668 Marion Ave, Bronx | 2,370 | 10/17/2023 | $550,000 |
| 354 E 195th St, Bronx | 4,095 | 08/15/2023 | $70,000 |
| 360 E 195th St, Bronx | 30,140 | 03/11/2016 | $4,450,000 |
| 2640 Marion Ave, Bronx | 91,075 | 01/06/1988 | |
| 2670 Marion Ave, Bronx | 3,642 | 08/20/1979 | |
| 2630 Marion Ave, Bronx | 44,322 | 10/16/2002 | |
| 357 E 201st St, Bronx | 64,824 | 03/10/1998 | |
| 2654 Marion Ave, Bronx | 23,750 | 03/27/2018 | $5,560,000 |
| 2674 Marion Ave, Bronx | 3,746 | 10/04/1995 | |
| 350 E 195th St, Bronx | 2,468 | 04/12/1991 | |
| 2644 Marion Ave, Bronx | 20,001 | 08/14/2014 | $1,650,000 |
| 383 E 201st St, Bronx | 40,098 | 05/14/2018 | $2,650,000 |
| 3006 Decatur Ave, Bronx | 45,000 | 04/16/1992 | |
| 2995 Marion Ave, Bronx | 46,162 | 11/07/2012 | $4,000,000 |
| 340 E Mosholu Pkwy S, Bronx | 48,628 | 10/29/2013 | |
| 346 E 195th St, Bronx | 2,775 | 01/19/2021 | $775,000 |
| 367 E 201st St, Bronx | 32,000 | 02/23/2022 | $6,200,000 |