Bronx Living at its best. An exceptional investment opportunity in the heart of the Bronx. This Legal 3 family detached mixed-use property sits on a generous 39x100 ft lot and offers strong stable rental income with long-term upside. It offers (3) residential units: Two spacious 2-bedroom Apartment, The garden floor units is currently vacant for potential owner occupancy Plus Studio Apt. Street Level Commercial Space currently leased to a well-stablished medical group, Providing reliable cash flow. Positioned on the high-visibility corridor of Pelham Parkway South, this property is ideal for both investor and end users seeking to live and earn. Close to major transportation, shops, Botanical Garden, Bronx Zoo and essential services. Zoning : R4A- Low density residential zoning: The current mix-use configuration is grandfathered in. Buyers should consult an architect or the NYC DOB for any future development or expansion possibilities.
Sold for $1,200,000
$1,200,000
1214 Pelham Parkway S, Bronx, NY 10461
5beds
3,892sqft
Duplex, Multi Family
Built in 1949
-- sqft lot
$1,219,100 Zestimate®
$308/sqft
$2,623 Estimated rent
Home value
$1,219,100
$1.07M - $1.39M
$2,623/mo
Zestimate® history
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$2,623/mo
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$2,623/mo
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$7,301/mo
Est. payment
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$7,301/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ramon Gonzalez 718-684-1260,
In Motion Realty Group Inc. 718-684-1260
Bought with:
Kevin Lang, 10401327483
Compass Greater NY, LLC
Geno M. George, 10301212641
Compass Greater NY, LLC
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 844740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Wall/Window Unit(s)
Features
- First Floor Full Bath
- Basement: Finished
Interior area
- Total structure area: 3,892
- Total interior livable area: 3,892 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Lot
- Size: 6,250 Square Feet
Details
- Parcel number: 043140025
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
Condition
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $341,280
- Annual tax amount: $23,920
- Date on market: 4/4/2025
- Cumulative days on market: 202 days
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $1,200,000-7.6%$308/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #844740 Report a problem | ||
| 1/22/2026 | Pending sale | $1,299,000$334/sqft |
Source: OneKey® MLS as distributed by MLS GRID #844740 Report a problem | ||
| 10/21/2025 | Price change | $1,299,000-2%$334/sqft |
Source: OneKey® MLS as distributed by MLS GRID #844740 Report a problem | ||
| 9/10/2025 | Listed for sale | $1,325,000-11.7%$340/sqft |
Source: OneKey® MLS as distributed by MLS GRID #844740 Report a problem | ||
| 6/11/2025 | Listing removed | $1,500,000$385/sqft |
Source: OneKey® MLS as distributed by MLS GRID #844740 Report a problem | ||
| 4/4/2025 | Listed for sale | $1,500,000$385/sqft |
Source: OneKey® MLS as distributed by MLS GRID #844740 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,834 +8% | $342,000 +0.2% |
| 2024 | $23,920 +10.1% | $341,280 +20% |
| 2023 | $21,732 | $284,400 +6.8% |
| 2022 | -- | $266,400 +1.2% |
| 2021 | -- | $263,250 -8.9% |
| 2020 | $19,826 +8% | $288,900 +7% |
| 2019 | $18,358 +6.8% | $270,000 +98.1% |
| 2018 | $17,187 +7.1% | $136,278 +8% |
| 2017 | $16,049 -1.3% | $126,184 |
| 2016 | $16,268 | $126,184 +3.2% |
| 2015 | $16,268 +66.4% | $122,272 +8% |
| 2014 | $9,779 | $113,215 |
Find assessor info on the county website
Neighborhood: Morris Park
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Nearby schools
GreatSchools rating
- 8/10Ps 108 Philip J AbinantiGrades: PK-6Distance: 0.2 mi
- 7/10Jhs 144 MichelangeloGrades: 6-8Distance: 1 mi
- 5/10Pelham Preparatory AcademyGrades: 9-12Distance: 0.5 mi
- New York
- Bronx County
- New York
- 10461
- Bronx
- Morris Park
- 1214 Pelham Parkway S
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