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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
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    $3,959/mo

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    $3,959/mo

    Rent Zestimate®

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    $6,714/mo

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    $6,714/mo

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    What's special

    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.

    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

    DateEventPrice
    12/20/2024Sold$1,100,000-4.3%$344/sqft
    Source: Public Record Report a problem
    6/18/2024Listing removed--
    Source: Owner Report a problem
    4/18/2024Price change$1,150,000-11.5%$359/sqft
    Source: Owner Report a problem
    4/9/2024Price change$1,300,000-10.3%$406/sqft
    Source: Owner Report a problem
    4/3/2024Listed for sale$1,450,000+346.2%$453/sqft
    Source: Owner Report a problem
    12/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/3/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    11/10/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/29/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    10/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    8/31/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    5/11/2023Listing removed--
    Source: Zillow Rentals Report a problem
    4/29/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    3/26/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/5/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    2/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/20/2023Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    7/26/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/16/2022Listed for rent$2,300+15%$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/20/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/8/2022Listed for rent$2,000$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    2/7/2022Listed for rent$2,000+17.6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/21/2013Listing removed$1,700$1/sqft
    Source: Moroti Realty & Properties Inc Report a problem
    8/15/2013Listed for rent$1,700$1/sqft
    Source: Moroti Realty & Properties Inc Report a problem
    5/16/2003Sold$325,000+41.3%$102/sqft
    Source: Public Record Report a problem
    5/6/1997Sold$230,000+112%$72/sqft
    Source: Public Record Report a problem
    9/19/1996Sold$108,500-22.5%$34/sqft
    Source: Public Record Report a problem
    11/14/1995Sold$140,000$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Nearby schools

    GreatSchools rating