Rare opportunity to add this vacant four-family property at 1171 Colgate Ave to your real estate portfolio. The home is located in rapidly developing Soundview Section of the Bronx and Conveniently located near the MTA 6 train at Elder Ave station. This property offers an excellent multifamily investment opportunity.
The building features four residential units:
1 × 3-bedroom apartment
3 × 2-bedroom apartments
Each apartment has its own separate gas-fired boiler providing both heat and hot water, allowing for individual control of heating and hot water expenses.
The property also includes a high-ceiling, walk-out basement that is currently unfinished, offering potential for additional storage or future use, subject to applicable zoning and permits.
Delivered vacant, the property provides investors with flexibility to renovate, reposition, and maximize its rental income potential.
Call today to schedule your viewing before it gone.
For sale
$1,299,900
1171 Colgate Avenue, Bronx, NY 10472
9beds
3,360sqft
Triplex, Multi Family
Built in 1927
-- sqft lot
$-- Zestimate®
$387/sqft
$-- HOA
What's special
High-ceiling walk-out basement
- 12 hours
- 94
- 8
Zillow last checked:
Listing updated:
Listed by:
Han Tang Realty Inc. 718-513-1111,
Alex S. Huang 347-989-5882
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1044613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas
Cooling
- None
Features
- First Floor Bedroom, First Floor Full Bath
- Basement: Common,Unfinished,Walk-Out Access
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Driveway, Off Street
- Carport spaces: 3
- Has uncovered spaces: Yes
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 037360050
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Stucco
Condition
- Year built: 1927
Utilities & green energy
- Gas: Separate Gas Meters: 4
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $252,000
- Annual tax amount: $13,190
- Date on market: 9/1/2026
- Cumulative days on market: 1 day
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $1,299,900+80.5%$387/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #1044613 Report a problem | ||
| 12/6/2017 | Sold | $720,000+2.9%$214/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H4738396 Report a problem | ||
| 9/15/2017 | Pending sale | $700,000$208/sqft |
Source: White Plains #4738396 Report a problem | ||
| 8/24/2017 | Listed for sale | $700,000+30.8%$208/sqft |
Source: Keller Williams NY Realty #4738396 Report a problem | ||
| 9/17/2015 | Listing removed | $535,000$159/sqft |
Source: NY FUTURE HOMES REALTY CO #10193731 Report a problem | ||
| 9/19/2014 | Listed for sale | $535,000-0.9%$159/sqft |
Source: Future Homes Realty Co #4435361 Report a problem | ||
| 4/11/2013 | Listing removed | $540,000$161/sqft |
Source: The Real Estate Book Report a problem | ||
| 3/6/2013 | Listed for sale | $540,000$161/sqft |
Source: The Real Estate Book Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,257 +3.2% | $210,150 -10.9% |
| 2024 | $12,841 +10% | $235,800 -17.9% |
| 2023 | $11,669 | $287,100 -6.6% |
| 2022 | -- | $307,350 +13.8% |
| 2021 | -- | $270,000 -8.8% |
| 2020 | $9,883 +3.3% | $296,100 +5.9% |
| 2019 | $9,564 +3.6% | $279,720 +282.3% |
| 2018 | $9,228 +7.1% | $73,171 +8% |
| 2017 | $8,619 +10.7% | $67,765 +8% |
| 2016 | $7,785 | $62,747 |
| 2015 | $7,785 +54.7% | $62,747 +3.2% |
| 2014 | $5,033 | $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
Monthly payment
Climate risks
Neighborhood: Soundview
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 152 Evergreen
- Middle: Jhs 123 James M Kiernan
- High: Contact Agent
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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