Legal two-family fully detached at 3640 Palmer Ave in the Edenwald section of the Bronx, New York, R4 Zoning set on a 5,017-square-foot lot — generous by Bronx standards. This is a strong option for an investor collecting two rents, or a buyer looking to live in one unit and rent out the other.
The second floor offers 3 bedrooms and 1 full & 1 half bathroom; the first floor offers 4 bedrooms and 1 Full & 1 half bathroom, for 7 bedrooms total across the two units. Each floor is separately metered for utilities, and there is no basement.
The lot is what sets this one apart: it leaves room for a private backyard and parking for multiple vehicles, both hard to come by this close to the city.
Location adds to the value. Everyday groceries are covered along the nearby Laconia Avenue corridor, including Key Food, C-Town, and Food Bazaar Supermarket. Montefiore Einstein Hospital's Wakefield Campus on East 233rd Street is close by, and the 2 and 5 trains run through the area on the White Plains Road line, with the Bx16, Bx31, and several other bus routes connecting the rest of the Bronx.
A rare combination for this part of the Bronx: two full-sized units, a private backyard, and parking for multiple cars, all on one oversized lot. Delivering fully vacant
For sale
Price cut: $25K (8/25)
$899,999
3640 Palmer Avenue, Bronx, NY 10466
7beds
2,440sqft
Duplex, Multi Family
Built in 1938
-- sqft lot
$-- Zestimate®
$369/sqft
$-- HOA
What's special
Private backyardParking for multiple vehiclesOversized lot
- 42 days
- 1,939
- 121
Zillow last checked:
Listing updated:
Listed by:
Exit Realty DKC 718-676-1371,
Imam Hasan 929-349-8965
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1029469
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant
Cooling
- Wall/Window Unit(s)
Features
- First Floor Bedroom, First Floor Full Bath, Primary Bathroom
- Flooring: Vinyl
Interior area
- Total structure area: 2,440
- Total interior livable area: 2,440 sqft
Property
Parking
- Parking features: Driveway, Parking Lot
- Has uncovered spaces: Yes
Lot
- Size: 5,017 Square Feet
- Features: Back Yard, Front Yard
Details
- Parcel number: 049210065
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Other
- Foundation: Other
Condition
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $54,420
- Annual tax amount: $7,705
- Date on market: 7/27/2026
- Cumulative days on market: 43 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 |
|---|---|---|
| 8/25/2026 | Price change | $899,999-2.7%$369/sqft |
Source: | ||
| 7/27/2026 | Listed for sale | $925,000+87.8%$379/sqft |
Source: | ||
| 2/2/2023 | Sold | $492,500-10.5%$202/sqft |
Source: | ||
| 12/27/2022 | Pending sale | $550,000$225/sqft |
Source: | ||
| 11/29/2022 | Listing removed | -- |
Source: | ||
| 11/14/2022 | Price change | $550,000-18.5%$225/sqft |
Source: | ||
| 9/19/2022 | Price change | $675,000-6.9%$277/sqft |
Source: | ||
| 9/8/2022 | Price change | $725,000-3.3%$297/sqft |
Source: | ||
| 7/23/2022 | Listed for sale | $750,000+284.6%$307/sqft |
Source: | ||
| 8/25/1998 | Sold | $195,000$80/sqft |
Source: Public Record Report a problem | ||
| 8/13/1997 | Sold | $195,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,705 +1.1% | $48,360 +1.3% |
| 2024 | $7,618 +4.8% | $47,760 +6.4% |
| 2023 | $7,267 | $44,880 +6.4% |
| 2022 | -- | $42,180 +11.1% |
| 2021 | -- | $37,980 +4.3% |
| 2020 | $6,471 +1.2% | $36,420 -3% |
| 2019 | $6,394 +2.5% | $37,560 +26% |
| 2018 | $6,238 +8.1% | $29,820 +5.3% |
| 2017 | $5,773 +8.2% | $28,320 +0.3% |
| 2016 | $5,335 | $28,238 +6% |
| 2015 | $5,335 +66.9% | $26,640 |
| 2014 | $3,197 | $26,640 +0.5% |
| 2013 | -- | $26,520 +6% |
| 2012 | -- | $25,021 |
| 2011 | -- | $25,021 +0.8% |
| 2010 | -- | $24,830 +6% |
| 2009 | -- | $23,425 +6% |
| 2008 | -- | $22,100 +6% |
| 2007 | -- | $20,851 |
| 2006 | -- | $20,851 +0.8% |
| 2005 | -- | $20,692 +6% |
| 2004 | -- | $19,521 +6% |
| 2003 | -- | $18,417 +6% |
| 2002 | -- | $17,376 |
| 2001 | -- | $17,376 +0.8% |
| 2000 | -- | $17,244 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Edenwald
Nearby schools
Schools provided by the listing agent
- Elementary: Contact Agent
- High: Contact Agent
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.







