Fully finished basementExpansive and unique layoutCustom built in barElegant china cabinetFull kitchen
Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity.
The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike.
In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use.
All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential.
With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.
65 days
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282
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5
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Zillow last checked:
Listing updated:
Listed by:
Z Squared Realty Group919-637-3842,
Sayar Uddin919-637-3842,
Eshal Alam929-371-8068,
Z Squared Realty Group
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 996477
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3
Heating
Baseboard, Oil, Other
Cooling
Wall/Window Unit(s)
Features
Other
Basement: Finished
Interior area
Total structure area: 1,920
Total interior livable area: 1,920 sqft
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Lot
Size: 1,649 Square Feet
Details
Parcel number: 038750040
Special conditions: None
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex, Multi Family
Attached to another structure: Yes
Materials
Brick
Condition
Year built: 1910
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
Region: Bronx
Financial & listing details
Price per square foot: $572/sqft
Tax assessed value: $44,520
Annual tax amount: $5,137
Date on market: 5/7/2026
Cumulative days on market: 44 days
Listing agreement: Exclusive Right To Sell
Electric utility on property: Yes
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/7/2026
Listed for sale
$1,099,000+12.7%$572/sqft
Source: OneKey® MLS as distributed by MLS GRID #996477Report a problem
3/26/2024
Listing removed
--
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
11/6/2023
Price change
$975,000-0.5%$508/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
8/30/2023
Price change
$980,000-1.9%$510/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
4/7/2023
Listed for sale
$999,000-4.9%$520/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
3/27/2023
Listing removed
--
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
9/27/2022
Price change
$1,050,000-4.5%$547/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
8/26/2022
Listed for sale
$1,099,000+16.3%$572/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6207253Report a problem
11/1/2021
Listing removed
--
Source: OneKey® MLS as distributed by MLS GRID #H6072751Report a problem
6/16/2021
Price change
$945,000-0.5%$492/sqft
Source: OneKey® MLS as distributed by MLS GRID #H6072751Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.