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Multi Family 2-4 in Bronx County
MLS Number1045721
Address1501 Teller Avenue, Bronx, NY 10457 show map
Price$1,374,999 show mortgage calculator
Acres0.10009182736455
Year Built1920
Est. Sq. Footage0
Elementary SchoolContact Agent
Jr High-Middle SchoolCall Listing Agent
High SchoolContact Agent
Estimated Taxes$8,573
Total Apt Units4
Total Bedrooms8
# 2 Brs4
Remarks

Fully renovated, income-producing, and delivered with two units vacant at closing: 1501 Teller Avenue is a solid brick four-family townhome commanding a corner lot in the Claremont section of the Bronx, offering immediate cash flow, immediate control, and multiple paths to added income. All four units are spacious two-bedrooms finished with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring. Two units are occupied and producing; two are vacant, giving a buyer the rare ability to set market rents on day on or move in and finance as an owner-occupant. This is a free market building. The attached one-car garage can be rented separately, a consistently in-demand amenity in a neighborhood where street parking is scarce. And the full unfinished walk-out basement, with high ceilings and its own grade-level separate entrance, is a genuine value-add canvas: rentable storage today, and a strong candidate for future conversion as NYC's City of Yes reforms expand what's possible below grade. R7-1 zoning leaves approximately 2,898 square feet of unused FAR for longer-term development. Located minutes from BronxCare Hospital, shopping, dining, and schools, with the B, D, and 4 trains providing a fast, easy commute to Manhattan.

Amenities

Garage, Walk Metro-North RR

This listing is Courtesy of Locqube New York, Inc. ().

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