1392 Commonwealth Ave Bronx, NY 10472
Parkchester NeighborhoodEstimated payment $6,463/month
Highlights
- Baseboard Heating
- 4-minute walk to St Lawrence Avenue
- 5-minute walk to Noble Park
About This Home
Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity. The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike. In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use. All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential. With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,138
Year Built
- Built in 1910
Lot Details
- 1,649 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Schools
- Contact Agent Elementary School
- Contact Agent High School
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Heating System Uses Oil
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- Finished Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 03875-0040
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,375 | $27,086 | $4,182 | $22,904 |
| 2025 | $5,138 | $25,580 | $4,344 | $21,236 |
| 2024 | $5,138 | $25,579 | $5,092 | $20,487 |
| 2023 | $5,143 | $25,326 | $4,365 | $20,961 |
| 2022 | $4,770 | $38,340 | $7,560 | $30,780 |
| 2021 | $4,750 | $38,520 | $7,560 | $30,960 |
| 2020 | $4,512 | $34,320 | $7,560 | $26,760 |
| 2019 | $4,459 | $31,200 | $7,560 | $23,640 |
| 2018 | $4,302 | $21,105 | $5,832 | $15,273 |
| 2017 | $4,059 | $19,911 | $5,625 | $14,286 |
| 2016 | $3,760 | $18,810 | $5,603 | $13,207 |
| 2015 | $2,266 | $17,764 | $7,945 | $9,819 |
| 2014 | $2,266 | $17,764 | $7,005 | $10,759 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $1,099,000 | -- | $572 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $500,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | Old Republic Natl Title Ins | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $450,000 | Purchase Money Mortgage | |
| Previous Owner | $425,000 | No Value Available | |
| Previous Owner | $206,080 | Stand Alone First |
Source: OneKey® MLS
MLS Number: 996477
APN: 03875-0040
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Ask me questions while you tour the home.