Welcome to your next great investment  a newly built, four-story multifamily property at 1256 Shakespeare Avenue, just finished in 2025 and delivered 100% vacant. This sleek, turnkey building features 13 modern units (11 studios - 450 Sqft/ea + 2 one-bedrooms- 675 sqft/ea) and comes with an incredible 30-year tax abatement, giving investors serious long-term upside. With contracts signed at Certificate of Occupancy, you can close fast and start collecting rents immediately  no rent-stabilized units, no tenant issues, no delays. Located in a high-demand Bronx corridor, this asset is ideal for investors, developers, and 1031 buyers looking for a clean, cash-flow-ready building in one of NYC’s fastest-rising markets.
Sold for $650,000
$650,000
1256 Shakespeare Ave, Bronx, NY 10452
13beds
675sqft
Other
Built in 2025
2,622 Square Feet Lot
$1,068,300 Zestimate®
$963/sqft
$2,899 Estimated rent
Home value
$1,068,300
$919,000 - $1.27M
$2,899/mo
Zestimate® history
Owner options
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$2,899/mo
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$2,899/mo
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$3,980/mo
Est. payment
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$3,980/mo
Est. payment
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Zillow last checked:
Source: EXIT Realty broker feed,MLS#: 901371
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 13
- Full bathrooms: 13
Heating
- Electric
Features
- Basement: Storage Space
- Has fireplace: No
Interior area
- Total structure area: 675
- Total interior livable area: 675 sqft
Property
Lot
- Size: 2,622 Square Feet
Details
- Parcel number: 025060081
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Condition
- Year built: 2025
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $963/sqft
- Tax assessed value: $204,000
- Annual tax amount: $3,141
- Date on market: 8/16/2025
- Lease term: Contact For Details
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Listed for sale | $4,680,000+620%$6,933/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #901371 Report a problem | ||
| 9/27/2023 | Sold | $650,000-38.1%$963/sqft |
Source: Public Record Report a problem | ||
| 4/4/2023 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #H6223197 Report a problem | ||
| 12/5/2022 | Listed for sale | $1,050,000$1,556/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6223197 Report a problem | ||
| 12/3/2022 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #H6203102 Report a problem | ||
| 11/11/2022 | Price change | $1,050,000-8.7%$1,556/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6203102 Report a problem | ||
| 8/4/2022 | Listed for sale | $1,150,000+190.8%$1,704/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6203102 Report a problem | ||
| 2/12/2019 | Sold | $395,460+13%$586/sqft |
Source: Public Record Report a problem | ||
| 3/15/2017 | Listing removed | $350,000$519/sqft |
Source: Bah Realty Group LLC #2920732 Report a problem | ||
| 3/13/2017 | Listed for sale | $350,000+141.4%$519/sqft |
Source: Bah Realty Group LLC #2920732 Report a problem | ||
| 12/9/1999 | Sold | $145,000$215/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,141 +84.9% | $91,800 +784.4% |
| 2024 | $1,699 -32.2% | $10,380 +30.1% |
| 2023 | $2,507 | $7,980 -71.6% |
| 2022 | -- | $28,140 +8.6% |
| 2021 | -- | $25,920 +2.4% |
| 2020 | $2,433 +5.8% | $25,320 +9.6% |
| 2019 | $2,300 +7.1% | $23,100 +125% |
| 2018 | $2,148 +8.6% | $10,268 +5.8% |
| 2017 | $1,978 +2% | $9,703 |
| 2016 | $1,940 | $9,703 +1.3% |
| 2015 | $1,940 +75.7% | $9,578 +5.8% |
| 2014 | $1,104 | $9,055 +5.8% |
| 2013 | -- | $8,557 +5.8% |
| 2012 | -- | $8,086 |
| 2011 | -- | $8,086 +1.3% |
| 2010 | -- | $7,982 +5.8% |
| 2009 | -- | $7,546 +5.8% |
| 2008 | -- | $7,131 +5.8% |
| 2007 | -- | $6,739 |
| 2006 | -- | $6,739 +1.3% |
| 2005 | -- | $6,652 +5.8% |
| 2004 | -- | $6,289 +5.8% |
| 2003 | -- | $5,943 +5.8% |
| 2002 | -- | $5,616 |
| 2001 | -- | $5,616 +1.3% |
| 2000 | -- | $5,544 |
Find assessor info on the county website
Neighborhood: Highbridge
Nearby homes
- $--1 bd1 ba-- sqft1256 Shakespeare Ave APT 1, Bronx, NY 10452Off Market
- $--1 bd1 ba-- sqft1256 Shakespeare Ave APT 2, Bronx, NY 10452Off Market
- $---- bd1 ba-- sqft1256 Shakespeare Ave #4, Bronx, NY 10452Off Market
- $---- bd1 ba-- sqft1256 Shakespeare Ave #2A, Bronx, NY 10452Off Market
- $--2 bd1 ba-- sqft1258 Shakespeare Ave APT 103, Bronx, NY 10452Off Market
- $209,000-- bd-- ba-- sqft1260 Shakespeare Ave, Bronx, NY 10452Off Market
- $9,523,000-- bd-- ba52k sqft1258 Shakespeare Ave, Bronx, NY 10452Off Market
- $1,240,9003 bd1 ba3k sqft1281 Edward L Grant Hwy, Bronx, NY 10452Off Market
Nearby schools
GreatSchools rating
- 5/10Ps 126 Dr Marjorie H DunbarGrades: PK-5Distance: 0.3 mi
- 4/10New Millennium Business Academy Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Comprehensive Model School Project Ms 327Grades: 6-12Distance: 0.5 mi
- New York
- Bronx County
- New York
- 10452
- Bronx
- Highbridge
- 1256 Shakespeare Ave
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