340 E 234th St Bronx, NY 10470
Woodlawn Heights NeighborhoodEstimated payment $8,617/month
Highlights
- 0.34 Acre Lot
- 5-minute walk to Woodlawn Station
- Heating Available
- Central Air
About This Home
Discover this beautifully renovated multi-unit residence located in the highly sought-after Woodlawn neighborhood. Offering 3,026 square feet of living space, this impressive property presents an exceptional opportunity for both end-users and investors alike. The first unit features a spacious layout with five bedrooms and three full bathrooms, providing ample room for comfortable living. The second unit includes three bedrooms and two full bathrooms, making it ideal for guests or generating consistent rental income. A fully finished basement adds even more versatility, offering additional space that can be utilized for recreation, storage, or expanded living possibilities. Completing the property is a private driveway, providing convenient and secure off-street parking—an invaluable asset in this desirable Bronx location. This renovated residence blends modern upgrades with flexible layout options, making it a standout opportunity in Woodlawn. Income Potential & Rental Opportunity - Based on current rental trends in the Woodlawn market, the property has the potential to generate approximately $7,200 to $8,200 per month in rental income, equating to an estimated $86,000 to $98,000 annually. Buyers have the opportunity to live comfortably in one spacious unit while renting out the other to significantly offset their mortgage—or lease both units to maximize cash flow and long-term returns. Rental Services Available - Our team provides full rental services after purchase, making it easy for buyers to transition seamlessly into ownership while generating income. Whether you’re an end-user or an investor, this property allows you to build equity, live comfortably, and profit at the same time.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,921
Year Built
- Built in 1910
Lot Details
- 15,000 Sq Ft Lot
Parking
- Driveway
Home Design
- Duplex
- Frame Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Utilities
- Central Air
- Heating Available
Additional Features
- Finished Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 03382-0032
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 |
|---|---|---|---|---|
| 2025 | $8,416 | $44,418 | $10,627 | $33,791 |
| 2024 | $8,416 | $41,904 | $10,457 | $31,447 |
| 2023 | $8,510 | $41,904 | $9,030 | $32,874 |
| 2022 | $8,302 | $69,300 | $16,680 | $52,620 |
| 2021 | $8,257 | $66,000 | $16,680 | $49,320 |
| 2020 | $7,835 | $59,940 | $16,680 | $43,260 |
| 2019 | $7,305 | $52,860 | $16,680 | $36,180 |
| 2018 | $7,118 | $34,920 | $15,458 | $19,462 |
| 2017 | $7,065 | $34,657 | $13,685 | $20,972 |
| 2016 | $6,536 | $32,696 | $13,269 | $19,427 |
| 2015 | $4,201 | $30,846 | $13,277 | $17,569 |
| 2014 | $4,201 | $29,100 | $13,920 | $15,180 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $1,475,000 | +72.5% | $487 / Sq Ft | |
| 06/04/2024 06/04/24 | Sold | $855,000 | -28.8% | $358 / Sq Ft | View Prior Sale |
| 06/01/2024 06/01/24 | Pending | -- | -- | -- | |
| 05/20/2024 05/20/24 | For Sale | $1,200,000 | -- | $503 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $855,000 | -- | |
| Deed | $420,000 | -- | |
| Deed | $420,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Executors Deed | -- | Chicago Title Insurance Co | |
| Executors Deed | -- | Chicago Title Insurance Co |
Source: OneKey® MLS
MLS Number: 973251
APN: 03382-0032
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Ask me questions while you tour the home.