$1,075,000
$25K PRICE DROP

Estimated payment $6,118/month

Total Views 10,456
3 Beds
2 Baths
1,454 Sq Ft
$739 Price per Sq Ft

Highlights

  • Fitness Center
  • Eat-In Kitchen
  • Park
  • Open Floorplan
  • Community Playground
  • Storage

About This Home

Discover a rare double-lot opportunity in one of the Bronx’s fastest-evolving neighborhoods, 1831 Paulding Avenue, Morris Park.
This two-family residence includes an adjoining 25x100 lot, offering flexibility for parking, outdoor use, or potential future development (subject to zoning and DOB approval). The property features a 2-bedroom/1-bath unit on the main floor and a 1-bedroom/1-bath unit above, each with separate utilities — 2 electric meters and 2 gas meters — keeping operating costs minimal. The landlord pays only water and property taxes, ensuring strong cash flow potential from day one.
Driveway + bonus lot accommodate up to 4+ vehicles, a rare find in the Bronx.
Future Growth Potential:
Morris Park is poised for major transformation, anchored by the upcoming Morris Park Metro-North Station — part of the $500 million East Bronx Transit Access and Rezoning Initiative projected to deliver 7,000+ new housing units and major infrastructure investment. Located near Jacobi Medical Center, Albert Einstein College of Medicine, and major highways, this property sits at the intersection of stability and future opportunity.
Whether you’re an investor seeking cash flow, a contractor eyeing redevelopment, or a long-term holder anticipating area growth, 1831 Paulding Avenue offers a rare blend of income, land, and upside.
Sold As-Is | Cash Buyers Only, Can be delivered vacant.
All information subject to verification by purchaser, architect, and DOB. Call listing agent for a showing now!

Listing Agent

Jonny Lezi

Houlihan Lawrence Inc. Brokerage Phone: 914-636-6700 License #10401331602 Listed on: 10/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 1920

Lot Details

  • 2,500 Sq Ft Lot
  • Back Yard Fenced
  • Additional Parcels

Home Design

  • Duplex
  • Vinyl Siding
  • Stucco

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Storage
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 04127-0023

Community Details

Recreation

  • Community Playground
  • Fitness Center
  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,962

Year Built

Built in 1920

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 1920
  • Attribution Contact: 914-636-6700
  • Carport Y N: No
  • CurrentPrice: 1075000.00
  • MlsMajorChangeType: Back On Market
  • ListPrice_By_OriginalListPrice: 0.97727
  • ListPrice_By_LotSizeAcres: 18728222.9965
  • CurrentPrice_By_BuildingAreaTotal: 739.33975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Storage
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Inclusions: as is
  • Total Bedrooms: 3
  • Fireplace: No
  • Window Features: Insulated Windows
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Other, Stucco, Vinyl Siding
  • Fencing: Back Yard, Fenced
  • Pool Private: No
  • Spa: No
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Total Parking Spaces: 3
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Separate Meters, Steam
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public
  • Water Source: Public

Association/Amenities

  • Community Features: Fitness Center, Other, Park, Playground, Sidewalks

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500
  • Parcel Number: 04127-0023
  • Property Attached: No
  • Additional Parcels: Yes

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 6962.28
  • Tax Year: 2024

MLS Schools

  • Middle School District: Bronx

Map

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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 $6,962 $35,683 $9,833 $25,850
2024 $6,962 $34,664 $10,220 $24,444
2023 $6,642 $32,704 $9,077 $23,627
2022 $5,839 $41,340 $11,640 $29,700
2021 $6,258 $33,540 $11,640 $21,900
2020 $6,294 $36,300 $11,640 $24,660
2019 $6,043 $34,920 $11,640 $23,280
2018 $5,556 $27,253 $11,273 $15,980
2017 $5,241 $25,712 $10,201 $15,511
2016 $4,018 $24,780 $11,640 $13,140
2015 $2,328 $25,516 $12,699 $12,817
2014 $2,328 $24,073 $10,176 $13,897
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2026 02/04/26 For Sale $1,075,000 0.0% $739 / Sq Ft
12/30/2025 12/30/25 Off Market $1,075,000 -- --
11/26/2025 11/26/25 Price Changed $1,075,000 -2.3% $739 / Sq Ft
10/30/2025 10/30/25 For Sale $1,100,000 -- $757 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

About the Listing Agent

Jonny Lezi

Houlihan Lawrence Inc.

(718) 571-8877

Section Image

Residential & Commercial Real Estate | Westchester & Fairfield Counties
Jonny Lezi is a Residential and Commercial Real Estate Advisor with Houlihan Lawrence, serving Westchester County, NY and Fairfield County, CT. Known for his strong work ethic, strategic mindset, and client-first approach, Jonny helps homeowners, investors, and property owners navigate the market with clarity and confidence.
Jonny specializes in luxury residential sales, investment properties, and commercial real

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Source: OneKey® MLS

MLS Number: 930317

OneKey® MLS

APN: 04127-0023

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