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1040 Clay Avenue Bronx, NY $ 875,000
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1040 Clay Avenue
$ 875,000
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1040 Clay Avenue

Bronx, NY, 10456
$ 875,000
Bedrooms7 Baths6.0 Sq 3,733

Monthly Estimate*

$ 6,112

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Multi-Family Home for sale in Bronx, NY

for $875,000 with 7 bedrooms and 6 full baths. This 3,733 square foot home was built in 1899 on a lot size of 0.05.

Investment opportunity is knocking!! Grab it today. 6 unit brownstone in a Fleetwood neighborhood in Grand concourse historic neighborhood of the Bronx! Own a piece of history today. Each apartment is good condition with one full bathroom. Because Zoning is R7 , there's an opportunity to build up many more stories on top of the existing property. Property taxes is $9954( Annually) , Water is $7000( Annually Approx.), heating is $8000 ( Annually Approx.) , Maintenance is $3000( Annually ) , while insurance is $4000( annually). Total expenses is $24954 ( annually ) while total annual income $94692( Annually) , NOI is $69,738( With an opportunity to increase) , and a cap rate of 7.3%. Check it out!!!

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Multi-Family Active

Price

$ 875,000

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 9,954

Style

Lot Size

0.05

Year Built

1899

Town/City

Bronx

County/Region

Bronx

MLS | Web ID

H6265816
Features
Interior
Basement Finished Full
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General
High School Call Listing Agent
High School District City of New York
Elementary School Call Listing Agent
Middle/Junior High School Call Listing Agent
Middle/Junior School District City of New York
Elementary School District City of New York
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* Excluded Features
List By
Isatou Jabbie

Listing Agent

Charles Rutenberg Realty, Inc.

Broker

i.jabbie02@gmail.com

Email

Affordability Calculator

$6,942
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,112
Monthly Property Taxes
$830
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4100135 Elementary School
4101254 Middle School
Call Listing Agent High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/25/2024$875,000 -2.78% Price Down
2/13/2024$900,000 -5.16% Price Down
8/24/2023$949,000 Listed Price

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1040 Clay Avenue, Bronx, NY, 10456 is a Multi-Family Home for sale at $875,000 with 3,733 sqft and a lot size of 0.05. 1040 Clay Avenue has 7 bedrooms, 6.0 baths, and was built in 1899. The property's zip code is 10456 which is in Bronx, NY

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