#885337, Listing office: Andrew J. Freerks
Property details
About 2121 Grand Ave
2121 Grand Ave, Bronx, NY 10453 – Renovated 3-Family with Development Upside Exceptional investment opportunity in the University Heights section of the Bronx. This fully renovated 3-family property features a 5-bedroom apartment, a 4- bedroom apartment and one 3-bedroom apartment, each approximately 1,300 sq ft, with potential gross rental income of up to $11,000/month. All units can be delivered vacant or occupied—ideal for end users or investors. The property sits on a 30’ x 100’ lot zoned R7-1, offering generous development potential. The current building utilizes just a portion of the lot’s max FAR of 3.44, allowing for up to 10,320 buildable square feet. Unused air rights and BSF (buildable square footage) offer the potential to redevelop or expand the site into 15–22 residential units, subject to DOB and zoning approvals. Whether you’re looking for strong cash flow now or planning a future development play, this is a rare opportunity in a growing submarket. Key Highlights: Three full-floor apartments Fully renovated interiors with updated kitchens Income potential: $11,000/month Delivered vacant or rented Lot: 30’ x 100’ | Zoning: R7-1 | Max FAR: 3.44 Buildable SF: Up to 10,320 BSF (unused air rights remain) Potential to build 15–22 units
Highlights
Home typeTriplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Lot size0.0689 Acres
Year built1920
MLS #889988
Summary
- Full Bathrooms: 4
- Basement: No
- Interior: First Floor Bedroom
- Total Bedroom Count: 12
- Heating: Electric
- Cooling: Wall/Window Unit(s)
- List Price: $1,250,000
- Annual Tax Amount: $3,886
- Tax Year: 2024
- Year Built: 1920
- Lot Size: 0.0689 Acres
- MLS Number: 889988
- MLS Name: ONEKEY2
- Office Name: Kole Group LLC
- Office Phone: (917) 485-5519
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 7/24/2025, 8:41:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 18, 2005 | Home Sold | $315,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $19,348 | $3,886 |
| 2023 | $49,800 | $3,669 |
| 2021 | $41,040 | $3,430 |
| 2020 | $41,700 | $3,450 |
| 2018 | $15,225 | $2,933 |
| 2017 | $14,389 | $2,715 |
History based on county public records data.
Nearby schools
5
P.S. 91 Bronx
Public District KG-5
0.2 mi
•2220 Aqueduct Ave
5
P.S. 291 Bronx
Public District KG-5
0.2 mi
•2195 Andrews Ave
5
School for Environmental Citizenship
Public District PK-5
0.3 mi
•125 E 181st St
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 $19,744. The most common annual income of people living in Bronx, NY is less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
62%
<35k
31%
35k-100k
1%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
30%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Popeyes
Jack In The Box
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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#860687, Listing office: NY Champions Realty Group
Frequently asked questions
About 2121 Grand Ave
The listing price of 2121 Grand Ave property is $1,250,000.
The property 2121 Grand Ave is a multi located in Bronx, New York, 10453.
Active Listing: 2121 Grand Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2121 Grand Ave are: P.S. 91 Bronx (GreatSchools Rating 5/10), P.S. 291 Bronx (GreatSchools Rating 5/10), School for Environmental Citizenship (GreatSchools Rating 5/10), P.S. 279 Captain Manuel Rivera Jr. (GreatSchools Rating 5/10), PS 15 Institute for Environmental Learning (GreatSchools Rating 5/10), Creston Academy (GreatSchools Rating 5/10), Young Women's Leadership School of the Bronx (GreatSchools Rating 7/10), Theatre Arts Production Company School (GreatSchools Rating 4/10), Academy for Language and Technology (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,886 (source: MLS/based on county public records data).
The last sale was on February 18, 2005 for $315,000 (source: MLS/tax record).
The year of construction for 2121 Grand Ave is 1920.
This home is located at 2121 Grand Ave in Bronx, NY and zip code 10453 in the University Heights neighborhood. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $1,250,000.
While more than 33 listings in Bronx, NY in June 2025 were sold above asking price, there were more than 40 listings sold at asking price, and more than 71 were sold below. The number of homes for sale in Bronx, NY decreased by 2.3% between May and June 2025. The median list price of listings available in June 2025 was $610,000, while the average time on the real estate market was 87 days.
From Rocket Homes Real Estate and based on county public records data.