Opportunity awaits with this four family brick house in a prime location, offering immense potential for the savvy investor or handy homeowner! Although it needs some tender loving care and is being sold as is, this property boasts numerous upgrades, including a brand new gas line and recently replaced main waterline with copper pipes, ensuring efficiency and reliability. The interior has been gutted and primed for customization, with brand new plumbing and electrical systems already in place?just waiting to be hooked up.
The house features four separate units, each with its own unique layout and configuration, providing flexibility for rental income or multi-generational living. Tenants have the option to pay for their own water usage, or the landlord can provide water service. All bedrooms are legal, offering comfortable accommodations for tenants or residents.
With close proximity to multiple subway lines (6, 2, and 5) and schools, convenience is at your doorstep. The neighborhood is undergoing revitalization, making this an ideal investment opportunity. The property boasts a brand new roof, windows, and flooring throughout, ensuring durability and longevity. While the basement is currently unfinished, there's potential to expand or create additional living space.
Unit Layouts:
Second Floor Front Unit: This spacious apartment features four bedrooms and one and a half bathrooms, offering ample space for a larger family or group of tenants. With its prime location at the front of the second floor, it enjoys plenty of natural light and potential for customization.
Second Floor Rear Unit: Ideal for a smaller household or individual, this cozy apartment comprises two bedrooms and one bathroom. Its rear location provides privacy and tranquility, making it an attractive option for tenants seeking a peaceful living environment.
First Floor Front Unit: Boasting three bedrooms and one bathroom, this unit offers comfortable living quarters with easy access to the front of the property. Its layout is conducive to family living or shared accommodation, providing versatility for various tenant preferences.
First Floor Rear Unit: Perfect for a small family or couple, this two-bedroom, one-bathroom apartment combines functionality with comfort. Situated at the rear of the first floor, it offers a retreat-like atmosphere away from the hustle and bustle of the street.
Don't miss out on this chance to add value and make this house your own. Whether you're looking to generate rental income or create a dream home, this property offers endless possibilities. Schedule a viewing today and seize the opportunity to turn this diamond in the rough into a shining gem! Please no realtors/agents, thanks.
Sold for $1,100,000
$1,100,000
1040 Longfellow Ave, Bronx, NY 10459
11beds
3,200sqft
SingleFamily
Built in 1930
2,500 Square Feet Lot
$1,269,500 Zestimate®
$344/sqft
$3,959 Estimated rent
Home value
$1,269,500
$1.13M - $1.43M
$3,959/mo
Zestimate® history
Owner options
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$3,959/mo
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$3,959/mo
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$6,714/mo
Est. payment
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$6,714/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Cooling
- None
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Parking features: None
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 027560070
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1930
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $344/sqft
- Tax assessed value: $756,000
- Annual tax amount: $13,257
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | $1,100,000-4.3%$344/sqft |
Source: Public Record Report a problem | ||
| 6/18/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/18/2024 | Price change | $1,150,000-11.5%$359/sqft |
Source: Owner Report a problem | ||
| 4/9/2024 | Price change | $1,300,000-10.3%$406/sqft |
Source: Owner Report a problem | ||
| 4/3/2024 | Listed for sale | $1,450,000+346.2%$453/sqft |
Source: Owner Report a problem | ||
| 12/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/3/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/29/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/31/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/29/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/5/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/20/2023 | Listed for rent | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/26/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/16/2022 | Listed for rent | $2,300+15%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/20/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/8/2022 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/7/2022 | Listed for rent | $2,000+17.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/21/2013 | Listing removed | $1,700$1/sqft |
Source: Moroti Realty & Properties Inc Report a problem | ||
| 8/15/2013 | Listed for rent | $1,700$1/sqft |
Source: Moroti Realty & Properties Inc Report a problem | ||
| 5/16/2003 | Sold | $325,000+41.3%$102/sqft |
Source: Public Record Report a problem | ||
| 5/6/1997 | Sold | $230,000+112%$72/sqft |
Source: Public Record Report a problem | ||
| 9/19/1996 | Sold | $108,500-22.5%$34/sqft |
Source: Public Record Report a problem | ||
| 11/14/1995 | Sold | $140,000$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,257 +3.2% | $340,200 +4.1% |
| 2024 | $12,841 +10% | $326,700 +20% |
| 2023 | $11,669 | $272,250 +3.4% |
| 2022 | -- | $263,250 +10.1% |
| 2021 | -- | $239,175 +3% |
| 2020 | $9,883 +3.3% | $232,200 +20.1% |
| 2019 | $9,564 +3.6% | $193,320 +164.2% |
| 2018 | $9,228 +7.1% | $73,171 +8% |
| 2017 | $8,619 +27.2% | $67,765 +8% |
| 2016 | $6,774 | $62,747 |
| 2015 | $6,774 +181.4% | $62,747 +3.2% |
| 2014 | $2,408 | $60,778 +8% |
| 2013 | -- | $56,286 +8% |
| 2012 | -- | $52,127 +8% |
| 2011 | -- | $48,267 |
| 2010 | -- | $48,267 +3.2% |
| 2009 | -- | $46,753 +8% |
| 2008 | -- | $43,297 +8% |
| 2007 | -- | $40,098 +8% |
| 2006 | -- | $37,129 |
| 2005 | -- | $37,129 +3.2% |
| 2004 | -- | $35,964 +8% |
| 2003 | -- | $33,306 +8% |
| 2002 | -- | $30,845 +8% |
| 2001 | -- | $28,561 |
| 2000 | -- | $28,561 |
Find assessor info on the county website
Neighborhood: Longwood
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Nearby schools
GreatSchools rating
- 9/10PS 75 School of Research and DiscoveryGrades: PK-5Distance: 0.2 mi
- 8/10Bronx Academy for Multi-MediaGrades: 6-8Distance: 0.6 mi
- 3/10Bronx Studio School For Writers And ArtistsGrades: 6-12Distance: 0.4 mi