1215 Bronx River Avenue

$1,099,000
Price
7
Beds
6
Baths
3,400 Sq. Ft.
$323 / Sq. Ft.
3,400
Sq. Ft.
$323
per Sq. Ft.

Description

Will be delivered Vacant Unlock the full potential of real estate success with this extraordinary 4 Family set up-a cash-flow masterpiece strategically poised for profitability in every facet. Discover a property with not just size but vision, boasting an expansive lot and incredible R6/M1-1 zoning that sets the stage for a truly one-of-a-kind opportunity. A mere stone's throw away from the Cross Bronx Expressway and Hutchison River Parkway, this income-producing Property offers unparalleled connectivity,...Will be delivered Vacant Unlock the full potential of real estate success with this extraordinary 4 Family set up-a cash-flow masterpiece strategically poised for profitability in every facet. Discover a property with not just size but vision, boasting an expansive lot and incredible R6/M1-1 zoning that sets the stage for a truly one-of-a-kind opportunity. A mere stone's throw away from the Cross Bronx Expressway and Hutchison River Parkway, this income-producing Property offers unparalleled connectivity, ensuring your investment thrives in a high-demand location. This is not merely a property; it's a financial engine. With thoughtfully designed units, each tailored to house spacious layouts, your investment is set to generate robust and consistent income streams. The canvas for your real estate dreams awaits! The massive lot size not only accommodates the existing quadruplex but opens the door to limitless possibilities for expansion and development. The incredible zoning potential of R6/M1-1 empowers you to dream big. Whether it's building upward or exploring diverse uses, this property adapts to your vision, ensuring lasting value and adaptability. Surrounding the property are restaurants, laundromats, banks, and a pharmacy, ensuring your residents experience the epitome of comfort. Additionally, gyms, shops, and bus stops are mere steps away. The main line for the 6 train is within a stone's throw, providing unparalleled access to public transportation and enhancing the property's appeal to potential tenants. Beyond the existing quadruplex configuration, envision the potential for this property to function as more units. Explore the possibilities, whether it's optimizing for increased rental income or catering to varied tenant needs. Seize this colossal opportunity to redefine your real estate portfolio. Whether you're an experienced investor or a visionary looking to make a mark, this 4-family quadruplex offers the perfect blend of immediate returns and future growth potential. Act now and position yourself at the forefront of real estate success!
  1. Listed by Hassan Z Shah • Coldwell Banker American Homes
    P: 516-825-6511 C: 516-825-6511 hassanrealtor110@gmail.com

Property Details for 1215 Bronx River Avenue

Architectural Style
Colonial
Community Features
Park
Garage Spaces
.00
Section Area
Bronx River Rd

Location

Listing Courtesy of Coldwell Banker American Homes
Add your commute
LISTING UPDATED: 04/16/2024 09:30 PM

Property Details for 1215 Bronx River Avenue

StatusActive
MLS ID3518822
Days on Market151
Taxes$15,495 / year
Maintenance-
Min. Down Pymt-
Total Rooms25.0
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1926
Lot Size2,500 SF / 25' x 100'
CountyBronx County

Building

1215 Bronx River Ave

4 Units2 StoriesBuilt in 1926

Location

Listing Courtesy of Coldwell Banker American Homes
Add your commute

Building Information for 1215 Bronx River Avenue

Stories2Residences4Year Built1926Building Size20' x 85'Building Sq. Ft3,400 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Payment Calculator

$7,289 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$1,291

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1215 Bronx River Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Tax Block: 3769
  • Tax Lot: 59
  • Property Attached: No
  • Structure Type: false
  • New Construction YN: No
  • Flood Zone Report: 0
  • Lot Size Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: Bronx 11
  • Elementary School District: Bronx 11
  • Middle Or Junior School District: Bronx 11
  • Middle Or Junior School: Jhs 127 Castle Hill (The)
  • High School District: Bronx 11
  • High School: New World High School
Rental
Rental
  • Lease Considered: No
Unit Information
Unit Information
  • Building Units Total: 4
Room Information
Room 1 Information
  • Room Level: Basement
  • Room Type: Additional
  • RoomDescription 1: 2 separate units in the basement for additional income if needed
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 03769-0059
  • Tax Map Number: 03769-0059
Interior and Exterior Features
Interior Features
  • Amenities: Colonial, Park, Public
  • Number Of Kitchens: 6.0
  • Total Rooms: 25
  • Living Area Units: Square Feet
  • Basement: Finished, Full, Walk-Out Access
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Location Amenities: Walk Out Basement, Exposure South, Privacy
  • Common Walls: No Common Walls
Exterior Features
  • Exterior Property Features: Private, Driveway, Park, Near Public Transit
  • Elevation Certificate: No
  • Construction Materials: Block,Brick,Stone
  • Direction Faces: South
Lot Information
  • Lot Features: Near Public Transit,Private
  • Lot Size Dimensions: 25x100
  • Site Features: Park, Near Public Transit, Private
  • Building Area Units: Square Feet
Parking
  • Parking Features: Private, Driveway
  • Parking Total: 6.00
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Heat Fuel Type: Natural Gas, Hot Water
  • Hot Water: Gas Stand Alone
  • Number Of Separate Gas Meters: 5
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Natural Gas, Hot Water

Property History for 1215 Bronx River Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1215 Bronx River Avenue

Taxable ValueLand$83,250Additions$161,550Total$244,800
Home Facts
Total Finished SqFt3,400 SqFtLot Size2,499 SqFtYear Built1926ZoningR6APN2037690059

Schools near 1215 Bronx River Avenue

This home is within Nyc Geog District #12 - Bronx.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 195
PublicPK to 5

P.S. 214
PublicPK to 8

Fannie Lou Hamer Freedom High School
Public9 to 12

P.S. 196
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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1215 Bronx River Avenue is a multi-family home for sale in Bronx River. This property was listed for sale on November 30, 2023 by Coldwell Banker American Homes, it's currently listed at $1,099,000. It has been on the market for a total of 151 days and was last sold on April 6, 2018. This listing's school district is Nyc Geog District #12 - Bronx. Nearby schools include P.S. 195, P.S. 214 and Fannie Lou Hamer Freedom High School. 1215 Bronx River Avenue is a 7-bed, 6-bath, 3,400 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker American Homes

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.