Loading...

Bronx, NY, 10457 • Concourse • Bronx County
$456/sqft
Down payment assistance available
8Beds
4Baths
3,292Sqft
0.1 acLot
1920Built
Character Home
Built 1920 · 106 years of history
1-Car Garage
Attached · Garage
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 28 days ago · 383 views · 16 saves
Demand and pricing signals for this listing
383 views
People checking out this listing
16 saves
Buyers have saved this home
28 days on market
Recently listed
$456/sqft
Price per square foot
This home ranks in the top 28% of listings most likely to go under contract soon, based on market activity and demand signals.
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
Multi Family · Built 1920 · Historic
Welcome to 1501 Teller Avenue, a fully renovated and income-producing 4-family townhome situated on a prominent corner lot in the Claremont section of the Bronx. This turnkey asset features four spacious two-bedroom units, each thoughtfully updated with quartz countertops, stainless steel appliances, white shaker cabinetry, and elegant oak flooring, offering strong tenant appeal and consistent cash flow. The building is fully occupied and generates approximately $93,000 in net operating income, equating to a 6.2% cap rate at the $1,500,000 asking price, with an estimated ~7.7% cash-on-cash return based on 20% down and current 6% financing. Additional features include a brick façade, attached one-car garage, and a full unfinished basement with high ceilings and a separate entrance—presenting a prime opportunity for future expansion or additional income potential in line with NYC’s City of Yes initiatives. The property also benefits from R7-1 zoning with approximately 2,898 square feet of unused FAR, offering long-term development upside. Conveniently located near BronxCare Hospital, shopping, dining, schools, and major transit lines (B, D, and 4 trains), providing an easy commute to Manhattan.
Standout features identified
Our analysis highlights attached one-car garage, stainless steel appliances, and elegant oak flooring as key attractions of this home.
Based on current rates
Est. 6.09% rate · 30yr fixed · $1,199,999 loan
Full calculator →Key facts and listing details
10 categories of property features
Market data and value estimates
3 schools rated nearby
Bronx, NY, 10457
11 events
25 years of records
Local context around this listing
Bronx, NY • Bronx County
Nearby neighborhoods
Nearby cities
Nearby zip codes
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)
No obligation · Same-day response