$1,275,000
OPEN SUN 12PM - 1PM $10K PRICE INCREASE

1050 Morris Ave Bronx, NY 10456

Concourse Neighborhood

Estimated payment $7,076/month

Total Views 3,636
9 Beds
6 Baths
3,354 Sq Ft
$380 Price per Sq Ft

About This Home

Historic 3-Family Brick Building plus high ceiling basement in Concourse Village, Bronx.

Discover this well-maintained legal 3-family brick home, ideally situated in the heart of the vibrant and rapidly growing Concourse Village neighborhood. Each of the three spacious floors features a modern 3-bedroom, 2-bath layout, thoughtfully designed with open-concept living, dining, and kitchen areas—perfect for today’s lifestyle.

Each unit is equipped with its own split heating and cooling system, offering comfort and independence for tenants. Utilities are separately metered, ensuring ease of management for both tenants and owners.

Tasteful renovations have been completed inside and out, featuring gleaming hardwood floors, stylish lighting fixtures, ample natural light, and sleek stainless steel appliances.

Located just minutes from shops, parks, public transportation, and major highways, this property offers unmatched convenience. Whether you're an investor seeking steady rental income or an owner-occupant looking to live in one unit while renting out the others, this is an outstanding opportunity. Yearly income: $75,600 and expense: $8,971. Investor's delight, each unit pays their own utilities.

Concourse Village is known for its accessibility, strong sense of community, and ongoing development—making it a prime location for future appreciation. Recent updates minimize immediate maintenance needs, adding to this property's appeal. Selling with friendly and excellent paying tenants but 1 unit can be delivered vacant for owner occupiers. Bonus Investment Opportunity: 32 North Street is also AVAILABLE FOR PURCHASE—great for buyers seeking portfolio expansion or multi-property ownership.

Listing Agent

Shahed Ahmed

Andrew J. Freerks Brokerage Phone: 917-246-7750 License #10401372418 Listed on: 07/03/2025

Co-Listing Agent

Andrew Freerks

Andrew J. Freerks Brokerage Phone: 917-246-7750 License #10351216494

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1920

Lot Details

  • 1,848 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • 3 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 02437-0009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,482

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1920
  • Attribution Contact: 917-246-7750
  • Co List Office Mls Id: KEYANDFRE
  • Co List Office Phone: 917-246-7750
  • Carport Y N: No
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 6
  • Basement: Common, Full, See Remarks, Storage Space, Walk-Out Access
  • Total Bedrooms: 9
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0424
  • Lot Size Sq Ft: 1848
  • Parcel Number: 02437-0009
  • Property Attached: Yes

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 3482.36
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,482 $17,518 $2,835 $14,683
2024 $3,482 $17,338 $2,943 $14,395
2023 $3,325 $16,373 $2,631 $13,742
2022 $3,089 $49,260 $9,420 $39,840
2021 $3,076 $42,000 $9,420 $32,580
2020 $3,090 $41,040 $9,420 $31,620
2019 $3,022 $39,720 $9,420 $30,300
2018 $2,781 $13,644 $3,301 $10,343
2017 $2,629 $12,896 $4,289 $8,607
2016 $2,232 $12,182 $3,976 $8,206
2015 $1,168 $12,165 $4,350 $7,815
2014 $1,168 $12,040 $4,030 $8,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Price Changed $1,275,000 +6.7% $380 / Sq Ft
08/04/2025 08/04/25 Price Changed $1,195,000 -4.3% $356 / Sq Ft
07/29/2025 07/29/25 Price Changed $1,249,000 -1.3% $372 / Sq Ft
07/03/2025 07/03/25 For Sale $1,265,000 -- $377 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed $680,000 --
Deed $680,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $510,000 New Conventional
Source: Public Records

Source: OneKey® MLS

MLS Number: 885320

OneKey® MLS

APN: 02437-0009

New York Bronx County Bronx 10456 Concourse

1050 Morris Ave, Bronx, NY

This home is located at 1050 Morris Ave, Bronx, NY 10456 and is currently priced at $1,275,000, approximately $380 per square foot. This property was built in 1920. 1050 Morris Ave is a home located in Bronx County with nearby schools including Grant Avenue Elementary School and Jhs 22 Jordan L Mott.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

OneKey® MLS The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.

Nearby Homes
Listing Agent
Shahed Ahmed
Section Image
Andrew J. Freerks