$1,950,000
Price
5
Beds
3,726 Sq. Ft.
$523 / Sq. Ft.
3,726
Sq. Ft.
$523
per Sq. Ft.

Description

Rare chance to develop four two-family detached homes in the desirable Van Cortlandt Village neighborhood of the Bronx. Prime opportunity for builders or investors looking for a shovel-ready project in a thriving residential area with strong rental and resale potential. Proposed drawings attached.
Development Opportunity:
-Four two-family detached homes, each with two parking spaces
-Lot size: 14,908 sq ft
-Total buildable area: Approx. 3,700 sq ft + cellar per home
-Each residence: 3 stories, approx.
...Rare chance to develop four two-family detached homes in the desirable Van Cortlandt Village neighborhood of the Bronx. Prime opportunity for builders or investors looking for a shovel-ready project in a thriving residential area with strong rental and resale potential. Proposed drawings attached.

Development Opportunity:
-Four two-family detached homes, each with two parking spaces
-Lot size: 14,908 sq ft
-Total buildable area: Approx. 3,700 sq ft + cellar per home
-Each residence: 3 stories, approx. 1,200 sq ft per floor
-Layout: 3-bedroom apartment below a 4-bedroom duplex above

Available for the first time since its construction in the 1920s, 3850 Cannon Place is a two-family house, situated on a massive oversized lot- a rare opportunity in this part of the city. Located in the Kingsbridge Heights neighborhood of the Bronx, the property features three units and retains much of its early 20th-century character.

Built on top of a hill with entrances via the 2 car garage or through a private stairway, this compound includes multiple fruiting trees, including Persimmon trees, a huge cherry tree, apple tree, plum tree, walnut tree, and grape vines, an original carriage house, and plenty of fully enclosed yard space. Surrounded by greenery, you’ll feel as if you are in an oasis outside the city, or in your own private park.

Architecture fans will appreciate the 1920’s charm throughout the home- including a wood-burning fireplace, inlaid hardwood floors, original crown molding, wainscoting and ceiling medallions.

The main level of the home splits the classic mahogany stairway into two separate one bedroom, one bathroom apartments.

The second floor apartment is a three bedroom one bathroom unit with a large eat in kitchen and a massive terrace. The attic level provides an additional office space and plenty of storage.

The basement of the home is very large and features tons of storage space, laundry, and access to the yard and garage. There is also a large cedar closet for coat storage. This is a great opportunity to re-finish the space and make it your own!

Located just a few short blocks from the 238th Street #1 train station, this home offers easy access to local and express buses, the Deegan Expressway, Henry Hudson Parkway, and the George Washington Bridge – a commuter’s dream. Nearby Kingsbridge shopping includes local conveniences, Target, Marshall’s, BJ’s, TJ Maxx, and Stop & Shop. For outdoor enthusiasts, Van Cortlandt Park is just down the street, offering an array of outdoor activities. Reach out today to make this one of a kind property yours.

Amenities

  • Private Terrace
  • Private Yard
  • Patio
  • Porch
  • Working Fireplace
  • Crown Mouldings
  • Decorative Mouldings
  • Attic
LISTING UPDATED: 12/16/2025 12:48 PM

Property Details for 3850 Cannon Place

StatusActive
Days on Market67
Taxes$994 / month
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeMulti Family
MLS TypeDuplex
Year Built1920
Lot Size14,908 SF / 127' x 117'
CountyBronx County
Buyer's Agent Compensation2%

Building

3850 Cannon Pl

2 Units2 StoriesBuilt in 1920

Location

Listing Courtesy of: .

Add your commute

Building Information for 3850 Cannon Place

Stories2Residences2Year Built1920Building Size36' x 50'Building Sq. Ft3,600 SFLot Size14,908 SF / 127' x 117'Building Age-Building Type-

Payment Calculator

$10,630 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,636

Property Taxes

$994

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 3850 Cannon Place

DateEvent & SourcePriceAppreciation
Oct 22, 2025

Listed (Active)

Manual

$1,950,000
DateEvent & SourcePrice
10/22/2025

Listed (Active)

Manual

$1,950,000

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

Public Records for 3850 Cannon Place

Taxable ValueLand$21,360Additions$98,400Total$119,760
Tax Record2025$11,715 ($976 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,726 SqFtLot Size14,908 SqFtYear Built1920ZoningR4AAPN2032630244

Schools near 3850 Cannon Place

This home is within New York City Geographic District #10.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 5
Public - K to 5
Rating
School
Distance
P.S. 95 Sheila Mencher
PublicK to 8

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.

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3850 Cannon Place is a multi-family home for sale in Kingsbridge Heights. This property was listed for sale on October 22, 2025 by Compass, it's currently listed at $1,950,000. This listing's school district is New York City Geographic District #10. Nearby schools include P.S. 95 Sheila Mencher, Providing Urban Learners Success In Education High School and Elementary School For Math Science And Technology. 3850 Cannon Place is a 5-bed, 4-bath, 3,726 sqft multi-family home built in 1920.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 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 2025, 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. ©2025 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.©2025 The Real Estate Board of New York, Inc., All rights reserved.