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Bronx, NY, 10456 • Concourse • Bronx County
$362/sqft
-$150,000 since Mar 10, 2026
Down payment assistance available
8Beds
4Baths
4,968Sqft
0.07 acLot
1935Built
Character Home
Built 1935 · 91 years of history
Hardwood Floors
Quality flooring throughout
Demand and pricing signals for this listing
170 views
People checking out this listing
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88 days on market
Established listing
$362/sqft
Price per square foot
Multi Family · Built 1935 · Historic
Welcome to this exceptional legal 4-family home, an ideal opportunity for both investors and developers. This property offers a unique blend of luxury and high rental income potential, making it perfect for those looking to maximize their investment. Each of the four spacious units features two bedrooms and one bathroom, boasting charming hardwood floors, bright and airy living spaces, and windowed kitchens equipped with modern amenities, including stainless steel appliances and dishwashers. Spanning a rare 4,968 square feet and zoned R7-1, this property presents a prime development opportunity for savvy investors looking to capitalize on its full potential. Recent upgrades enhance the building’s value, including a new boiler and hot water tank, updated plumbing and electrical systems, and a sprinkler system for added safety. Additionally, split AC units provide heating and cooling, allowing the option to turn off the landlord’s central heating and have tenants cover their heating costs. A fully renovated basement, currently used as an office, features a separate entrance leading to a shared laundry room and storage area. The spacious backyard, currently utilized for parking, offers additional convenience and potential for further enhancements. With the City of Yes initiative, there is an exciting opportunity to increase the rent roll by optimizing the walk-out basement—be sure to check out the online video for inspiration. Tenants are responsible for electric and gas utilities, making this an efficient and low-maintenance investment. Situated near vibrant Morris Avenue, this home is surrounded by trendy restaurants, cafes, local shops, parks, and excellent transportation options. Don't miss the chance to own this remarkable multi-family property in a sought-after location. Whether you're an investor seeking strong returns or a developer looking to unlock its full potential, this is an opportunity you won’t want to miss!
Standout features identified
Our analysis highlights modern amenities, spacious backyard, and shared laundry room as key attractions of this home.
Based on current rates
Est. 6.88% rate · 30yr fixed · $1,439,999 loan
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Key facts and listing details
9 categories of property features
Market data and value estimates
3 schools rated nearby
Bronx, NY, 10456
19 events
25 years of records
Local context around this listing
Bronx, NY • Bronx County
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Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)
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