Development opportunity on Clay Avenue. This three-story brick three-family sits on a 24.75 x 90 lot in an R7-1 zone, and the existing building has potential to be converted to 10 apartments. The conversion would be interior work, with no addition and no ground-up construction, so the buyer gets a faster, lower-cost route to a 10-unit rental building. The block has seen strong investor and developer activity. Close to the B/D trains at 170th Street, the Bx41 on Webster Avenue, the Grand Concourse and Claremont Park, with steady rental demand in the area. Bring your architect and your vision. Buyer to verify zoning, unit count and all development figures.
For sale
$1,299,000
1348 Clay Avenue, Bronx, NY 10456
--beds
--baths
2,954sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$440/sqft
$-- HOA
What's special
- 6 days
- 118
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Century 21 Realty Specialists 631-418-8222,
Melissa K. Ng 631-396-1705
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1069889
Facts & features
Interior
Heating
- Oil
Cooling
- None
Features
- First Floor Bedroom, First Floor Full Bath, Open Floorplan
Interior area
- Total structure area: 2,954
- Total interior livable area: 2,954 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 2,225 Square Feet
Details
- Parcel number: 028870019
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $440/sqft
- Tax assessed value: $52,260
- Annual tax amount: $4,025
- Date on market: 11/3/2026
- Cumulative days on market: 6 days
- 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 |
|---|---|---|
| 11/3/2026 | Listed for sale | $1,299,000+149.8%$440/sqft |
Source: | ||
| 8/26/2026 | Sold | $520,000+497.7%$176/sqft |
Source: Public Record Report a problem | ||
| 1/23/1996 | Sold | $87,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,026 +6% | $54,540 -1.1% |
| 2024 | $3,798 -1.1% | $55,140 +3% |
| 2023 | $3,840 | $53,520 +8.9% |
| 2022 | -- | $49,140 +20.3% |
| 2021 | -- | $40,860 +11.5% |
| 2020 | $3,536 +6% | $36,660 +18.6% |
| 2019 | $3,336 +1.2% | $30,900 +96.1% |
| 2018 | $3,296 +3.4% | $15,758 +0.8% |
| 2017 | $3,188 +20.8% | $15,638 +6% |
| 2016 | $2,640 | $14,754 +6% |
| 2015 | $2,640 +48.3% | $13,919 +6% |
| 2014 | $1,779 | $13,132 |
| 2013 | -- | $13,132 +0.8% |
| 2012 | -- | $13,032 +6% |
| 2011 | -- | $12,295 +6% |
| 2010 | -- | $11,600 +6% |
| 2009 | -- | $10,944 |
| 2008 | -- | $10,944 +0.8% |
| 2007 | -- | $10,860 +6% |
| 2006 | -- | $10,246 +6% |
| 2005 | -- | $9,667 +6% |
| 2004 | -- | $9,120 |
| 2003 | -- | $9,120 +0.8% |
| 2002 | -- | $9,051 +6% |
| 2001 | -- | $8,539 +6% |
| 2000 | -- | $8,056 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Concourse
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 42 Claremont
- Middle: Is 232
- High: Mott Hall Bronx High School
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.







