#821705, Listing Office: Expert Homes NY
1037 College Ave Bronx, NY 10456
Property details
About 1037 College Ave
Welcome to this exceptional legal 3-family home, ideally situated for both investors and developers. This property offers a unique opportunity for those seeking a luxurious residence with high rental income potential or for developers looking to maximize their investment. Each of the three spacious units features 3-bedrooms and 1-bathroom, perfect for generating rental income or accommodating multi-generational living arrangements. The interior boasts charming hardwood floors and bright, airy living rooms. The windowed kitchens are equipped with modern amenities, including dishwashers and updated stainless steel appliances. The property also features a spacious backyard, ideal for outdoor entertaining, and a full basement with a walkout and shared laundry room. The City of Yes initiative presents a rare opportunity to potentially increase rent roll with the spacious walk-out basement. Tenants are responsible for electric and gas utilities. Located near vibrant Morris Avenue, the neighborhood offers easy access to trendy restaurants, cafes, local shops, parks, and convenient transportation options. Don't miss this incredible opportunity to own a multi-family home in a sought-after location. Whether you're an investor seeking strong returns or a developer ready to unlock this property's full potential, this property is not to be missed.
Highlights
Summary
- MLS Number: 830738
- MLS Name: ONEKEY2
- Office Name: Pantiga Group Inc.
- Office Phone: (718) 841-0201
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 3/5/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,499,999
1037 College Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 25, 2017 | Home Sold | $650,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $26,487 | $5,319 |
2023 | $56,100 | $5,117 |
2021 | $49,920 | $4,970 |
2020 | $48,780 | $4,999 |
2018 | $14,239 | $2,738 |
2017 | $13,436 | $2,536 |
History based on county public records data.
Nearby schools
3
Grant Avenue Elementary School
Public District PK-6
0.1 mi
•250 E 164th St
2
P.S. 35 Franz Siegel
Public District KG-5
0.2 mi
•261 E 163rd St
7
The Family School
Public District PK-5
0.2 mi
•1116 Sheridan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $17,160. Most Bronx, NY residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1037 College Ave in Bronx, NY and zip code 10456 in the Southwest Bronx neighborhood. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $1,499,999.
Between January and February 2025, Bronx, NY real estate market has seen decrease in the number of listings by 1.6%. In February 2025 median list price was $593,752 and the average listing age was 144 days.