$859,000
$71K PRICE DROP

1939 Monterey Ave Bronx, NY 10457

East Tremont Neighborhood

Estimated payment $5,331/month

Total Views 4,960
8 Beds
3 Baths
3,450 Sq Ft
$249 Price per Sq Ft

About This Home

Great Investment Opportunity a fantastic two-family home located in the heart of the Bronx. This is the perfect opportunity for both investors and end-users looking to live in one unit while generating rental income from the other. This solid brick property features a spacious 2-bedroom apartment over another 2-bedroom unit, offering comfortable layouts and great natural light. The basement is fully finished, adding valuable bonus space ideal for recreation, storage, or a home office. One unit is vacant, making it move-in ready for an owner-occupant or a new tenant. Whether you’re looking to offset your mortgage or expand your investment portfolio, this home delivers flexibility and income potential. Conveniently located near public transportation, shops, schools, and parks, this property checks all the boxes.

Listing Agent

Adargisa Cruz Medina

RE/MAX R E Professionals Brokerage Phone: 718-872-5521 License #10401346753 Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,872

Year Built

  • Built in 2002

Parking

  • 1 Carport Space

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Storage
  • 1,750 Sq Ft Lot
  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 123 / 3060
  • Assessor Parcel Number 03060-0123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,872

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Year Built: 2002
  • Year Built Effective: 2002
  • Attribution Contact: 718-872-5521
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2002

Interior Features

  • Interior Amenities: Storage
  • Full Bathrooms: 3
  • Basement: Finished
  • Total Bedrooms: 8
  • Fireplace: No
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Pool Private: No
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: Carport
  • Carport Spaces: 1

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0402
  • Lot Size Sq Ft: 1750
  • Building Area Total: 3450
  • Parcel Number: 03060-0123
  • Property Attached: Yes

Multi Family

  • Units Total: 2

Tax Info

  • Tax Block: 3060
  • Tax Lot: 123
  • 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 $6,872 $34,474 $6,205 $28,269
2024 $6,872 $34,213 $5,580 $28,633
2023 $6,555 $32,278 $6,090 $26,188
2022 $5,770 $44,100 $9,600 $34,500
2021 $6,046 $42,300 $9,600 $32,700
2020 $6,081 $40,500 $9,600 $30,900
2019 $5,964 $39,480 $9,600 $29,880
2018 $5,483 $26,898 $9,176 $17,722
2017 $5,173 $25,376 $8,286 $17,090
2016 $4,786 $23,940 $9,600 $14,340
2015 $3,430 $24,120 $7,980 $16,140
2014 $3,430 $24,120 $7,980 $16,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Price Changed $859,000 -4.0% $249 / Sq Ft
05/12/2025 05/12/25 Price Changed $895,000 -3.8% $259 / Sq Ft
03/24/2025 03/24/25 For Sale $930,000 -- $270 / Sq Ft
Source: OneKey® MLS

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Closed $9,138 No Value Available
Source: Public Records

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Source: OneKey® MLS

MLS Number: 840966

OneKey® MLS

APN: 03060-0123

New York Bronx County Bronx 10457 East Tremont

1939 Monterey Ave, Bronx, NY

This home is located at 1939 Monterey Ave, Bronx, NY 10457 and is currently priced at $859,000, approximately $248 per square foot. This property was built in 2002. 1939 Monterey Ave is a home located in Bronx County with nearby schools including P.S. 3 Raul Julia Micro Society, Jhs 118 William W Niles, and Bronx Charter School for Excellence 5.

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Nearby Homes
Adargisa Cruz Medina
Listing Agent
Adargisa Cruz Medina
Section Image
RE/MAX R E Professionals
(347) 768-7865