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1060 Longfellow Avenue

Bronx, NY 10459
  • $1,150,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 815161
Price Reduced
UPDATED: 40 min ago
$1,150,000
  • 10
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Ratings & Info

Description

Four-Family in good condition with Expansion Potential This brick semi-attached four-family home offers a fantastic investment opportunity. Featuring two spacious two-bedroom, one-bath units and two three-bedroom, one-bath units, this property provides comfortable living spaces for its residents. Property is selling with paying tenants. Key Features: * Renovated: New floors throughout and new boiler all in good condition. * Zoned R7: Ideal for developers and future expansion possibilities. * Building Size: 20 x 81 feet. * Unused Floor Area Ratio: 5,400 - significant potential for expansion. * Four Units: Provides consistent rental income with room for improvement to maximize. Investment Highlights: * Strong Rental Demand: High occupancy potential due to the desirable unit sizes. * Development Potential: The R7 zoning and unused floor area ratio allow for potential expansion and increased revenue. * Prime Location: close to all including transportation and shopping. Contact us today to schedule a viewing!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-03-25T08:17:32.607.
www.nicoleburkehomes.com/homes/159569945
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1060 Longfellow Avenue Bronx, NY 10459

  • Price: $1,150,000
  • Status: Active
  • On Site: 65 Days
  • Updated: 40 min ago
  • MLS #: 815161
10
Beds
4
Baths
0
½ Baths
0.06
Acres
1930
Built
Neighborhood:
New York
County:
Bronx
Area:
New York
Property Description
Four-Family in good condition with Expansion Potential This brick semi-attached four-family home offers a fantastic investment opportunity. Featuring two spacious two-bedroom, one-bath units and two three-bedroom, one-bath units, this property provides comfortable living spaces for its residents. Property is selling with paying tenants. Key Features: * Renovated: New floors throughout and new boiler all in good condition. * Zoned R7: Ideal for developers and future expansion possibilities. * Building Size: 20 x 81 feet. * Unused Floor Area Ratio: 5,400 - significant potential for expansion. * Four Units: Provides consistent rental income with room for improvement to maximize. Investment Highlights: * Strong Rental Demand: High occupancy potential due to the desirable unit sizes. * Development Potential: The R7 zoning and unused floor area ratio allow for potential expansion and increased revenue. * Prime Location: close to all including transportation and shopping. Contact us today to schedule a viewing!
Exterior Features

Carport YN No Construction Materials Brick Garage YN No Property Attached YN No Waterfront YN No

Interior Features

Basement Details FinishedFullStorage SpaceWalk-Out Access Basement YN Yes Cooling None Interior Features Other Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 2 Num Of3 Bed Rooms 2 Num Of4 Bed Rooms 0 Number Of Heat Units 1

Property Features

Building Area Total 3200 Fuel Expense 10000 Gross Income 90497 Heating BaseboardOther Insurance Expense 2800 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Operating Expense 31003 Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 12841.32 Tax Source Municipality Utilities Electricity ConnectedNatural Gas Connected Water Sewer Expense 5324 Water Source Public

Listing courtesy of Jose J. Flores of EXIT Realty Private Client: 914-222-1000
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-03-25T08:17:32.607.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803