1241 College Ave Bronx, NY 10456
Concourse NeighborhoodEstimated payment $4,673/month
Total Views
7,716
5
Beds
4
Baths
2,492
Sq Ft
$335
Price per Sq Ft
Highlights
- Very Popular Property
- Main Floor Bedroom
- Bathroom on Main Level
About This Home
Welcome to 1241 College Ave, Bronx, NY 10456 — an exceptional investment opportunity offering strong income potential. This solid brick property features three residential units and a ground-floor storefront, along with a full unfinished basement that provides excellent storage space or potential for future customization. The building includes two spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, all with comfortable layouts and great rental appeal. The storefront adds an additional income source or can be used for your own business. With a projected total rental income of approximately $10,000 per month and an estimated 10–11% CAP rate, this property offers impressive returns and reliable cash flow. Whether you’re an investor looking for a high-yield opportunity or a buyer interested in living in one unit while your tenants cover most of the mortgage, 1241 College Ave offers flexibility and long-term value. Conveniently located near major transportation, schools, shopping, and local amenities, this property provides both convenience and potential in one of the Bronx’s most active neighborhoods. Don’t miss your chance to own this income-generating property in a prime Bronx location. Contact Emran Bhuiyan at Emran Estates Realty for more details or to schedule a private showing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,374
Year Built
- Built in 1905
Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 4 Full Bathrooms
Schools
- Ps 53 Basheer Quisim Elementary School
- JHS 22 Jordan L Mott Middle School
- Dreamyard Preparatory High School
Utilities
- Cooling System Mounted To A Wall/Window
- Radiant Heating System
Additional Features
- Basement Fills Entire Space Under The House
- 1,700 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 02439-0068
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Matterport 3D Tour
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,374 | $16,800 | $2,797 | $14,003 |
| 2024 | $3,374 | $16,800 | $3,019 | $13,781 |
| 2023 | $3,376 | $16,622 | $3,451 | $13,171 |
| 2022 | $3,132 | $36,600 | $8,820 | $27,780 |
| 2021 | $3,121 | $34,200 | $8,820 | $25,380 |
| 2020 | $2,963 | $36,720 | $8,820 | $27,900 |
| 2019 | $2,929 | $31,860 | $8,820 | $23,040 |
| 2018 | $2,824 | $13,852 | $5,078 | $8,774 |
| 2017 | $2,666 | $13,076 | $4,817 | $8,259 |
| 2016 | $2,470 | $12,358 | $4,176 | $8,182 |
| 2015 | $1,488 | $11,667 | $3,396 | $8,271 |
| 2014 | $1,488 | $11,667 | $4,075 | $7,592 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2025 11/10/25 | For Sale | $835,000 | -- | $335 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $405,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,000 | Purchase Money Mortgage | |
| Previous Owner | $211,500 | No Value Available |
Source: Public Records
About the Listing Agent
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Our dedication to exceptional client service does not cease with the completion of the sale. I pride myself
Emran's Other Listings
Source: OneKey® MLS
MLS Number: 933219
APN: 02439-0068
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.
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.
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Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
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