1180 Grant Avenue
Bronx, NY 10456
- 8 beds
- 4 baths
- 4,968 sqft
- 3,200 sqft lot
- $402 per sqft
- 1935 build
- – on site
Welcome to this exceptional legal 4-family home, an ideal opportunity for both investors and developers. This property offers a unique blend of luxury and high rental income potential, making it perfect for those looking to maximize their investment. Each of the four spacious units features two bedrooms and one bathroom, boasting charming hardwood floors, bright and airy living spaces, and windowed kitchens equipped with modern amenities, including stainless steel appliances and dishwashers. Spanning a rare 4,968 square feet and zoned R7-1, this property presents a prime development opportunity for savvy investors looking to capitalize on its full potential. Recent upgrades enhance the building’s value, including a new boiler and hot water tank, updated plumbing and electrical systems, and a sprinkler system for added safety. Additionally, split AC units provide heating and cooling, allowing the option to turn off the landlord’s central heating and have tenants cover their heating costs. A fully renovated basement, currently used as an office, features a separate entrance leading to a shared laundry room and storage area. The spacious backyard, currently utilized for parking, offers additional convenience and potential for further enhancements. With the City of Yes initiative, there is an exciting opportunity to increase the rent roll by optimizing the walk-out basement—be sure to check out the online video for inspiration. Tenants are responsible for electric and gas utilities, making this an efficient and low-maintenance investment. Situated near vibrant Morris Avenue, this home is surrounded by trendy restaurants, cafes, local shops, parks, and excellent transportation options. Don't miss the chance to own this remarkable multi-family property in a sought-after location. Whether you're an investor seeking strong returns or a developer looking to unlock its full potential, this is an opportunity you won’t want to miss!
Last checked:
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Last updated Mar 23, 2025
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MLS# 833592 —
The Building
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Year Built:1935
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Basement:true
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Construction Materials:Brick
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# of Total Units:4
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Building Area Units:Square Feet
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Building Area Total:4968
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Building Area Source:Public Records
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Window Features:New Windows
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Laundry Features:Common Area
Interior
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Interior Features:Open Floorplan
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Flooring:Hardwood
Financial & Terms
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Tenant Pays:Electricity, Gas
The Property
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Lot Size Acres:0.0735
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Parcel Number:02449-0047
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Lot Size SqFt:3,200 Sqft
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Property Attached:true
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (917) 242-9882
- Office phone:
- (718) 841-0201
Taxes
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Tax Year:2024
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Tax Source:Municipality
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Tax Annual Amount:5964.6
Beds
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Total Bedrooms:8
Baths
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Full Baths:4
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Total Baths:4
The Listing
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Special Listing Conditions:None
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Virtual Tour URL Unbranded:
Heating & Cooling
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Heating:Natural Gas
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Cooling:Wall/Window Unit(s)
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# of Heat Units:1
Utilities
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Sewer:Public Sewer
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Utilities:Electricity Available, Natural Gas Available
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Water Source:Public
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Electric Company:Con Edison
The Community
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Senior Community:false
Parking
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Parking Features:Driveway
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Parking Total:2
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Garage:false
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/21/25
Mar 21, 2025
|
Listed / Active | ONEKEY | $1,999,999 | 308.2% (33.9% / YR) |
|
2/16/16
Feb 16, 2016
|
ONEKEY | $490,000 |
