$1,549,999
$25K PRICE DROP

1180 Sherman Ave Bronx, NY 10456

Concourse Neighborhood

Estimated payment $8,786/month

Total Views 7,579
8 Beds
4 Baths
3,104 Sq Ft
$499 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • 4-minute walk to 167 Street (B,D Line)
  • Laundry Facilities
  • Storage
  • Baseboard Heating

About This Home

Welcome to 1180 Sherman. This fully renovated four-family property on the Concourse is a rare investment opportunity, offering modern living, strong rental income potential, and R7-1 zoning for future development possibilities. Each of the four updated 2-bedroom, 1-bathroom units features sleek, contemporary finishes, including stainless steel appliances, grey quartz countertops, flint grey cabinetry, hardwood floors, and spacious open-concept layouts perfect for modern living. The generously sized bedrooms comfortably fit queen beds and include ample closet space, while the updated bathrooms complete the stylish aesthetic. Additional highlights include private parking, a full basement with storage and a laundry room, and electric baseboard heating. Located just steps from the 167th Street subway station, this property offers an easy 30-minute commute to NYC and convenient access to major highways, Starbucks, shopping, casual, and fine dining. Whether you're an investor seeking a high-demand rental property or looking to take advantage of future development potential, this is an exceptional opportunity.

Listing Agent

Jeffrie Peña

Locqube New York, Inc. License #10401261474 Listed on: 06/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1992

Home Design

  • Quadruplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Additional Features

  • Storage
  • 2,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 02452-0047

Community Details

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1992
  • Carport Y N: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage
  • Full Bathrooms: 4
  • Basement: Full, Storage Space
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 1
  • Garage: No
  • Parking Description: Attached, Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard
  • Laundry Features: Common Area, In Basement
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0459
  • Lot Size Sq Ft: 2000
  • Building Area Total: 3104
  • Parcel Number: 02452-0047
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 6336.84
  • Tax Year: 2024

Map

Range of Values:

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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 $6,337 $33,443 $5,687 $27,756
2024 $6,337 $31,550 $5,599 $25,951
2023 $6,045 $29,765 $5,305 $24,460
2022 $5,606 $49,440 $10,020 $39,420
2021 $5,909 $43,200 $10,020 $33,180
2020 $5,897 $42,180 $10,020 $32,160
2019 $5,500 $38,520 $10,020 $28,500
2018 $5,056 $24,804 $7,518 $17,286
2017 $3,900 $23,400 $10,020 $13,380
2016 $3,467 $27,540 $10,020 $17,520
2015 $279 $27,300 $9,540 $17,760
2014 $279 $27,300 $9,540 $17,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $1,549,999 -1.6% $499 / Sq Ft
06/10/2025 06/10/25 For Sale $1,574,999 +93.3% $507 / Sq Ft
07/31/2018 07/31/18 Sold $815,000 +2.0% $263 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $799,000 -- $257 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $815,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,605 Stand Alone Refi Refinance Of Original Loan
Closed $611,250 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 875687

OneKey® MLS

APN: 02452-0047

New York Bronx County Bronx 10456 Concourse

1180 Sherman Ave, Bronx, NY

This home is located at 1180 Sherman Ave, Bronx, NY 10456 and is currently priced at $1,549,999, approximately $499 per square foot. This property was built in 1992. 1180 Sherman Ave is a home located in Bronx County with nearby schools including Sheridan Academy For Young Leaders, The Family School, and Jhs 22 Jordan L Mott.

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Jeffrie Peña
Listing Agent
Jeffrie Peña
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Locqube New York, Inc.
(917) 242-9882