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Off market
  • $801,700

    1240 Commonwealth Ave, Bronx, NY 10472

    5beds
    1,704sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $801,700 Zestimate®
    $470/sqft
    $3,157 Estimated rent

    Home value

    $801,700

    $746,000 - $858,000

    $3,157/mo

    Zestimate® history
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    Owner options

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    $3,157/mo

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    $3,157/mo

    Rent Zestimate®

    Refinance and save

    $4,909/mo

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    $4,909/mo

    Est. payment

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    What's special

    Pending accepted offer, pending contract signing. Backup offers will be accepted in the meantime. PARKCHESTER, Prime Location! Renovated 2 family house with full finished basement, and backyard. Right next to 6 Train (St. Lawrence station) and Bx4 bus stops. Very nice area, good neighbors and many shops and groceries within walking distance. Great investment and income opportunity! 3 bedroom apt / 2 bedroom apt / finished Studio basement. Nice private backyard, everything is renovated and new. New kitchens (w/ stove oven and fridge), bathrooms, tiles, walls, doors, windows, wood floors, and more. Boiler and water tank recently serviced, heat and hot water and everything works very well. Exterior siding refinished and front in stucco. 2nd floor is rented with $2400/month income, and B rented for $1550/month. 1st floor is currently vacant, can be rented easily for another ~$1800-2000/month. Can be rented for the buyer, or left vacant for the buyer to use as you please. Total monthly income as of now: $3950, with potential to be $5800-6000 once fully rented.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Oil
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Hardwood, Laminate
    • Basement: Finished
    Interior area
    • Total interior livable area: 1,704 sqft

    Property

    Lot
    • Size: 1,062 sqft
    Details
    • Parcel number: 037620028

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Bronx

    Other

    Other facts
    • Style: Attached

    Price history

    DateEventPrice
    5/27/2021Sold$630,000+0.2%$370/sqft
    Source: Public Record Report a problem
    2/21/2021Listed for sale$629,000$369/sqft
    Source: Owner Report a problem
    11/30/2020Listing removed$629,000$369/sqft
    Source: Image Homes Realty Inc Report a problem
    8/21/2020Price change$629,000-4.6%$369/sqft
    Source: Image Homes Realty Inc #70640 Report a problem
    7/8/2020Price change$659,000-5.7%$387/sqft
    Source: Image Homes Realty Inc #70640 Report a problem
    5/10/2020Listed for sale$699,000+70.3%$410/sqft
    Source: GREEN SEA REALTY #10886934 Report a problem
    9/13/2019Sold$410,500-8.6%$241/sqft
    Source: OneKey® MLS as distributed by MLS GRID #H4970578 Report a problem
    7/30/2019Pending sale$449,000$263/sqft
    Source: RE/MAX Voyage #4970578 Report a problem
    6/29/2019Listed for sale$449,000$263/sqft
    Source: RE/MAX Voyage #4970578 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,132 +6%$34,860 +16.7%
    2024$4,842 +0.4%$29,880 -14%
    2023$4,825 $34,740 +18.6%
    2022-- $29,280 +1.2%
    2021-- $28,920 -8.4%
    2020$4,507 +29.9%$31,560 +15.9%
    2019$3,470 -16.2%$27,240 +37.6%
    2018$4,142 +2.6%$19,800
    2017$4,036 +39.2%$19,800 +5.3%
    2016$2,900 $18,808 +6%
    2015$2,900 +68.5%$17,744 +6%
    2014$1,721 $16,740 +1.5%
    2013-- $16,500 -1.4%
    2012-- $16,726 +4.6%
    2011-- $15,994 +6%
    2010-- $15,091 +0.9%
    2009-- $14,958 +6%
    2008-- $14,112 +1.2%
    2007-- $13,939 +4.6%
    2006-- $13,329 +6%
    2005-- $12,576 +0.9%
    2004-- $12,465 +6%
    2003-- $11,760 +1.2%
    2002-- $11,616 +4.6%
    2001-- $11,108 +6%
    2000-- $10,480

    Find assessor info on the county website

    Neighborhood: Soundview

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Bronx

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.