1241 College Ave Bronx, NY 10456
Concourse NeighborhoodEstimated payment $4,496/month
About This Home
Welcome to 1241 College Ave, Bronx, NY 10456 — an exceptional investment opportunity offering strong income potential. This solid brick property currently features 2-family with a full, unfinished basement and can be converted to 3 residential units and a ground-floor storefront. 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. 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. Reach out to 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
- Frame Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Bathroom on Main Level
- 4 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Connected
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
- 2 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
Matterport 3D Tour
Floorplans
Map
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 |
|---|---|---|---|---|
| 2026 | $3,374 | $17,796 | $3,311 | $14,485 |
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2026 04/30/26 | For Rent | $2,762 | 0.0% | -- |
| 04/21/2026 04/21/26 | For Sale | $795,000 | 0.0% | $319 / Sq Ft |
| 03/28/2026 03/28/26 | Off Market | $795,000 | -- | -- |
| 02/04/2026 02/04/26 | For Sale | $795,000 | 0.0% | $319 / Sq Ft |
| 02/02/2026 02/02/26 | Off Market | $795,000 | -- | -- |
| 12/22/2025 12/22/25 | For Sale | $795,000 | -- | $319 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $405,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,000 | Purchase Money Mortgage | |
| Previous Owner | $211,500 | No Value Available |
About the Listing Agent
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Trying to do it all on your own can be burdensome. I'll find you homes within your price range, help you find buyers, assist you with paperwork, and more.
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Emran's Other Listings
Source: OneKey® MLS
MLS Number: 945225
APN: 02439-0068
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Ask me questions while you tour the home.