$1,100,000

Estimated payment $6,278/month

Total Views 3,225
7 Beds
3 Baths
2,140 Sq Ft
$514 Price per Sq Ft

Highlights

  • Property is near public transit, schools, and shops
  • Garden
  • Back and Front Yard Fenced
  • Balcony
  • 1 Car Garage
  • Paved or Partially Paved Lot

About This Home

Welcome to 517 Underhill Avenue, a spacious and well-maintained three-family brick home in the vibrant Clason Point neighborhood of the Bronx. Boasting over 2,100 square feet of versatile living space, this income-generating property is ideal for investors or owner-occupants looking to benefit from low taxes and rental income to help offset mortgage costs. The property features two large three-bedroom apartments with flexible layouts and a newly renovated one-bedroom unit with modern updates. Enjoy bright, sunlit rooms with large windows, a private driveway, ample street parking (no alternate side parking), a patio, and a fenced backyard.
Additional peace of mind comes from major updates, including new plumbing and sewer systems installed in 2024, ensuring comfort and efficiency. Conveniently located near the Soundview Ferry Terminal—get to Manhattan in just 25 minutes! It is close to schools, parks, shopping, and the Bruckner Blvd retail corridor, with easy access to public transportation, I-95, and the Bruckner Expressway.
Whether you're expanding your real estate portfolio or searching for a home with bonus income, 517 Underhill Avenue is a smart investment in one of the Bronx’s fastest-growing neighborhoods. Schedule your private showing today—properties like this won’t last!

Listing Agent

Theresa Boatswain

Boatswain Realty LLC Brokerage Phone: 347-326-4412 License #10491210684 Listed on: 10/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,383

Year Built

  • Built in 1960

Lot Details

  • 2,000 Sq Ft Lot
  • Back and Front Yard Fenced
  • Paved or Partially Paved Lot
  • Garden

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

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

Additional Features

  • Balcony
  • Property is near public transit, schools, and shops

Listing and Financial Details

  • Assessor Parcel Number 03525-0074

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,383

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1960
  • Attribution Contact: 347-326-4412
  • Carport Y N: No
  • CurrentPrice: 1100000.00
  • MlsMajorChangeType: New Listing
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 23965141.6122
  • CurrentPrice_By_BuildingAreaTotal: 514.01869
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard, Front Yard
  • Pool Private: No
  • Spa: No
  • Exterior Features: Balcony, Garden
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 2
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Description: Driveway, Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 600

Lot Info

  • Lot Size Acres: 0.0459
  • Lot Size Sq Ft: 2000
  • Lot Features: Back Yard, Garden, Near Public Transit, Near School, Near Shops, Paved
  • Parcel Number: 03525-0074
  • Property Attached: Yes
  • Additional Parcels: No

Multi Family

  • Fuel Expense: 800
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • Insurance Expense: 1352

Tax Info

  • Tax Annual Amount: 6383
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 $6,383 $33,437 $5,471 $27,966
2024 $6,383 $31,778 $5,329 $26,449
2023 $6,089 $29,981 $5,511 $24,470
2022 $5,864 $42,540 $8,040 $34,500
2021 $5,864 $34,560 $8,040 $26,520
2020 $5,898 $34,800 $8,040 $26,760
2019 $5,540 $34,800 $8,040 $26,760
2018 $5,093 $24,984 $6,165 $18,819
2017 $4,990 $24,480 $7,455 $17,025
2016 $4,642 $23,220 $8,040 $15,180
2015 $2,785 $23,393 $8,279 $15,114
2014 $2,785 $22,069 $8,887 $13,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 For Sale $1,100,000 -- $514 / Sq Ft
Source: OneKey® MLS

Purchase History

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

Source: OneKey® MLS

MLS Number: 920935

OneKey® MLS

APN: 03525-0074