$1,399,999

Estimated payment $7,965/month

Total Views 693
-- Bed
-- Bath
2,488 Sq Ft
$563 Price per Sq Ft

About This Home

ONCE-IN-A-LIFETIME BRONX PACKAGE DEAL – CASH FLOW + DEVELOPMENT
Opportunities like this almost never hit the market. This property is a rare find for all types of investors — whether you’re focused on instant positive cash flow or looking for your next ground-up development project, this package offers both.

The Numbers:
-$8,900/month rental income from day one
~$2,000/month in expenses
-Net operating income: approx. $82,800/year
-Turnkey, income-producing asset immediately upon closing

The Bonus:
-Included in this package is an adjoining lot zoned for a 2-family build. This allows you to collect strong rental income now while simultaneously creating a new property next door, adding significant value and long-term upside to your portfolio.

Why This Property Stands Out:
-Immediate, guaranteed rental income
-Expansion potential with a buildable lot
-Ideal for both investors and developers
-Located in the Bronx, one of NYC’s strongest rental markets
-This is a complete package: stable cash flow today with development potential for tomorrow. Deals like this are rare and move quickly. Serious buyers should act now.

Listing Agent

Amer Alsaidy

Coldwell Banker American Homes Brokerage Phone: 718-206-1340 License #10401388180 Listed on: 08/23/2025

Coldwell Banker American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 1910

Lot Details

  • 4,805 Sq Ft Lot

Parking

  • 5 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction

Schools

  • Ps 41 Gun Hill Road Elementary School
  • Pelham Gardens Middle School
  • High School Of Contemporary Arts

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 04604-0015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,074

Year Built

Built in 1910

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1910
  • Attribution Contact: 718-206-1340
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Basement: Finished
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 5
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Pelham Gardens Middle School

Lot Info

  • Lot Size Acres: 0.1103
  • Lot Size Sq Ft: 4805
  • Building Area Total: 2488
  • Parcel Number: 04604-0015
  • Property Attached: No

Multi Family

  • Units Total: 3

Tax Info

  • Tax Annual Amount: 6074
  • Tax Year: 2024

MLS Schools

  • Elementary School: Ps 41 Gun Hill Road
  • High School: High School Of Contemporary Arts
  • Middle School District: Bronx 11

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 $6,074 $32,054 $7,647 $24,407
2024 $6,074 $30,240 $7,416 $22,824
2023 $6,141 $30,240 $6,478 $23,762
2022 $5,991 $49,740 $11,580 $38,160
2021 $5,959 $42,660 $11,580 $31,080
2020 $5,654 $42,900 $11,580 $31,320
2019 $5,272 $38,700 $11,580 $27,120
2018 $5,137 $25,200 $6,889 $18,311
2017 $5,098 $25,010 $8,744 $16,266
2016 $4,717 $23,595 $8,690 $14,905
2015 $2,890 $22,260 $8,533 $13,727
2014 $2,890 $21,000 $9,660 $11,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 For Sale $1,399,999 +81.8% $563 / Sq Ft
09/13/2018 09/13/18 Sold $770,000 -3.6% $309 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $799,000 -- $321 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $960,000 --
Deed $800,000 --
Deed $800,000 --
Deed $770,000 --
Deed $770,000 --
Deed $340,000 --
Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $768,000 Purchase Money Mortgage
Previous Owner $773,300 Purchase Money Mortgage
Previous Owner $577,500 New Conventional
Previous Owner $380,000 No Value Available
Previous Owner $272,000 Purchase Money Mortgage
Previous Owner $34,000 No Value Available
Previous Owner $30,500 Unknown
Source: Public Records

Source: OneKey® MLS

MLS Number: 904760

OneKey® MLS

APN: 04604-0015