1501 Teller Avenue, Bronx, NY 10457
- $1,374,999
- 8
- BD
- 4
- BA
- List Price
- $1,374,999
- Days on Market
- 1
- MLS#
- 1045721
- Status
- ACTIVE
- Property Type
- Quadruplex
- Year Built
- 1920
- Property Tax
- $8,573
- Neighborhood
- Bronx
- School District
- Contact Agent
- High School
- Contact Agent
- Jr. High
- Call Listing Agent
- Elementary School
- Contact Agent
Property Description
Fully renovated, income-producing, and delivered with two units vacant at closing: 1501 Teller Avenue is a solid brick four-family townhome commanding a corner lot in the Claremont section of the Bronx, offering immediate cash flow, immediate control, and multiple paths to added income. All four units are spacious two-bedrooms finished with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring. Two units are occupied and producing; two are vacant, giving a buyer the rare ability to set market rents on day on or move in and finance as an owner-occupant. This is a free market building. The attached one-car garage can be rented separately, a consistently in-demand amenity in a neighborhood where street parking is scarce. And the full unfinished walk-out basement, with high ceilings and its own grade-level separate entrance, is a genuine value-add canvas: rentable storage today, and a strong candidate for future conversion as NYC's City of Yes reforms expand what's possible below grade. R7-1 zoning leaves approximately 2,898 square feet of unused FAR for longer-term development. Located minutes from BronxCare Hospital, shopping, dining, and schools, with the B, D, and 4 trains providing a fast, easy commute to Manhattan.
/u.realgeeks.media/johnedwardsrealestate/JERElogo3.png)
Additional Information
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Acres
- 0.10
- Parking
- Attached, Garage
- Basement
- Partially Finished, Walk-Out Access
- Laundry
- Common Area
- Heating
- Natural Gas, Radiant
- Cooling
- Wall/Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Jeffrie Pena (jeff.pena@locqube.com) from Listing Office: Locqube New York, Inc..
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.