1040 Clay Avenue, Bronx, NY 10456
FOR SALE

1040 Clay Avenue
Bronx, NY 10456

Concourse
  • 7 Beds
  • 6 Baths
  • 3,733 sqft
  • 7 Beds
  • 6 Baths
  • 3,733 sqft

$875,000

Original price: $900,000
Est. Mortgage $5,402/mo*
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Local Information

map showing home location
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-- mins to
Commute Destination

Description

Investment opportunity is knocking!! Grab it today. 6 unit brownstone in a Fleetwood neighborhood in Grand concourse historic neighborhood of the Bronx! Own a piece of history today. Each apartment is good condition with one full bathroom. Because Zoning is R7 , there's an opportunity to build up many more stories on top of the existing property. Property taxes is $9954( Annually) , Water is $7000( Annually Approx.), heating is $8000 ( Annually Approx.) , Maintenance is $3000( Annually ) , while insurance is $4000( annually). Total expenses is $24954 ( annually ) while total annual income $94692( Annually) , NOI is $69,738( With an opportunity to increase) , and a cap rate of 7.3%. Check it out!!!

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$234
Listed
180+ days ago
Last check for updates: about 11 hours ago
Listing by: Charles Rutenberg Realty, Inc., (718) 994-4002
Isatou Jabbie, (914) 817-5163
Charles Rutenberg Realty, Inc., (718) 994-4002
Danny B Agboh, (917) 292-2047
Source: OneKey® MLS, MLS#H6265816

Home Details for 1040 Clay Avenue

Interior Features

Interior Details
Basement: Finished,Full
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 3733 Square Feet
Appliances & Utilities
Appliances: Hot Water: Fuel Oil Stand Alone
Heating & Cooling
Heating: Oil,BaseboardNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil
Gas & Electric
Gas: Separate Gas Meters: 6
Windows, Doors, Floors & Walls
Common Walls: No Common Walls

Exterior Features

Exterior Home Features
Fencing: Back Yard, Fenced
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Driveway,Off Street
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1899Year Renovated: 2023
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Blown-In Insulation, BrickNot Attached Property
Property Information
Parcel Number: 024250002

Price & Status

Price
List Price: $875,000Price Per Sqft: $234

Active Status

MLS Status: A

Location

Direction & Address
City: Bronx
School Information
Elementary School: Call Listing AgentElementary School District: City of New YorkJr High / Middle School: Call Listing AgentJr High / Middle School District: City of New YorkHigh School: Call Listing AgentHigh School District: City of New York

Agent Information

Listing Agent
Listing ID: H6265816

Building

Building Area
Building Area: 3733 Square Feet

Community

Community Features: ParkIs a Senior Community

Lot Information

Lot Area: 2174 sqft

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cooking Gas, Electricity

Rental

Owner Pays: Insurance

Miscellaneous

BasementMls Number: H6265816Attribution Contact: (718) 994-4002

Additional Information

ParkMlg Can ViewMlg Can Use: IDX

Price History for 1040 Clay Avenue

DatePriceEventSource
03/25/2024$875,000PriceChange
OneKey® MLS #H6265816
02/13/2024$900,000PriceChange
OneKey® MLS #H6265816
08/23/2023$949,000Listed For SaleOneKey® MLS #H6265816
01/01/2023ListingRemovedOneKey® MLS #H6179557
04/21/2022$899,000Listed For SaleOneKey® MLS #H6179557

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1075 Grant Avenue, Bronx, NY
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4,268
578 E 166th Street, Bronx, NY
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307 E 162nd Street, Bronx, NY
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3,318
366 E 160th Street, Bronx, NY
0.38
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$1,438,000
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$940,000
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Neighborhood Overview

Concourse
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Concourse

  • Misty Ramirez
    "This area is quiet in the winter loud in the summer. This building is, let’s just say for like a bit of words not that great, and not great at doing their job at all the neighborhood is OK."
    0
    Flag
  • Elias Ramirez
    "There is only one event that ever happens and that’s by the train other than that this neighborhood does not have any special events"
    5
    Flag
  • Trulia User
    "Don’t live here. There is no sense of community and it is such a strain on your mental and physical health/wellbeing."
    3
    Flag
  • Trulia User
    "I’ve lived in the same neighborhood my whole life moved a couple times but came back and the convenience to literally everything. Nothing else like it and the people here are balanced some good some bad but I guess that’s everywhere. "
    4
    Flag
  • Trulia User
    "Good schools and very easy access to public transportation to any and all tri-state destinations. There are a number of school options and great community centers."
    0
    Flag
  • Trulia User
    "it's beautiful place to live They are stores and public transportation everything ... You get everything in this area"
    1
    Flag
  • Trulia User
    "The park is kept clean by the parks department people pick up after their dogs most of the time I am myself pick up after the dogs that I have"
    0
    Flag
  • Trulia User
    "Bad area. This place is not ideal for raising kids. High crime area schools are bad and overall quality of life is not good "
    8
    Flag
  • Trulia User
    "Myself, I don’t like that people don’t pick up after the dogs and if you don’t watch where you’re walking, you will step in it owner is walking the dogs without a leash, too dangerous for people and children and small dogs"
    2
    Flag
  • Trulia User
    "this neighborhood has really good transportation. It was a pretty fast ride from the Bronx. I like that their are lots of stores. "
    0
    Flag
  • Trulia User
    "Transportation is good, actually it’s very good. There are trains, buses and all kinds of taxis. I am lucky, I have parking at home and at work. Parking in New York is really bad."
    0
    Flag
  • Trulia User
    "Dog owners would not like dirty sidewalks or stepping on poop at the park while walking your own dog. "
    0
    Flag
  • Trulia User
    "there are no community events, people mind their business here, and everything is boring. Good for people how are introverts and hate talking to people. Don't move here it sucks."
    1
    Flag
  • Trulia User
    "The parks get really crowded in the summer they don’t leave the park till very late at night they make a lot of noise and there is no parking whatsoever and the noise factor is terrible"
    2
    Flag
  • Trulia User
    "Dog owners don’t pick up after themselves here. There is poop on every sidewalk, a huge bomb every few feet. It’s insane. Don’t live here."
    0
    Flag
  • Trulia User
    "If you have small children in this area you will have problems with them getting a full nights sleep with all the loud sirens from the ambulances and police. Overall neighborhood is good but a few unruly people make a nice place seem bad a few times a year. "
    0
    Flag
  • Trulia User
    "Don’t know, I’m not a dog owner. Probably there is not dog common area. They will like that we have two parks close by. "
    0
    Flag
  • Trulia User
    "The commute is no bad. But the train stations in 161st need to be clean up. Very dirty and mostly not well maintain. "
    0
    Flag
  • Trulia User
    "Washington Heights is the perfect area to live if you want peace and quiet or a little bit of nightlife because it has both there's lots of culture great food plenty of stores and access to major public transportation"
    0
    Flag
  • Trulia User
    "Too congested, moving out from the Bronx is a must. This area wouldn’t be bad if there was more police present "
    0
    Flag
  • Trulia User
    "I live in the middle of everything in the commute to Manhattan and Uptown’s Bronx is greatIt’s safe to walk through"
    0
    Flag
  • Trulia User
    "There are great parks in this neighborhood. Some of them are well-maintained, some require help, but overall they contribute to a great quality of life."
    0
    Flag
  • Trulia User
    "There are neighborhood get togethers in the park and at the Andrew Freedman home on the Grand Concourse."
    0
    Flag
  • Trulia User
    "There is always dog poop on the side walk loud noise from neighbors there is always trash from the garbage scattered in the streets and side walk and rats running wild literally."
    0
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  • Trulia User
    "Either my husband or myself will drive where we want to go. Also, I take the bus. I haven’t taken the train since January 2020. The homelessness is out of control in New York City. There are those who are mentally not stable and they roam the subway system. Lately, there have been a rise of violence in the subway stations all over the city."
    0
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  • Trulia User
    "I live in this neighborhood since I was 5 yrs old now I’m 29yrs old I’m use to this area so it’s very noisy not silent very crowded and transportation is close by bx1 & bx2 D,B & 4 train is nearby "
    0
    Flag
  • Trulia User
    "Not safe, noisy, unclean, parking is very hard to come by and they frequently break into cars, packages normally go missing "
    0
    Flag
  • Marilyndavis20
    "The Yankees games. A variety of restaurants and very culturally diverse. There is a track, museum, and parks in the area."
    5
    Flag
  • Boukare W. O.
    "It’s been 5 years now that I’m living in the area ,Amazing place 15 mn away from the city with the major public transportation buses and train!!many shops and restaurants ,the area is pretty quiet,no violence and good neighborhood ,I’m feeling very safe here,"
    27
    Flag
  • NH
    "Area has changed quite a bit over the 5-7 years, poor quality of life with the park over run by homelessness and trash from weekend parties"
    30
    Flag
  • Melinda M.
    "This neighborhood is has older people which are very nice. There is a lot of dog poop but my super keeps the building very clean "
    9
    Flag
  • Gomariee
    "Maybe the events at the Bronx county courthouse. The marathons that run down the concourse are awesome too. "
    1
    Flag
  • Lissenny A.
    "Everything is closed to me restaurant store’s supermarket transportation services trains an more.... "
    0
    Flag
  • Mcleod.kiana
    "Commute is about 1.5 hours to the foot of Manhattan. Near the 2, 4 and 5 via 149th Grand Concourse, and the 4, B and D via 161st street."
    1
    Flag
  • Jinm112021
    "I live here for 23 years a lot business, all Transportation near by but a lot violence and drugs.its getting worse everyday day"
    22
    Flag
  • Maleja B.
    "I live in this neighborhood for three months is cool from the start of it Friendly neighbors nice stores close by"
    4
    Flag
  • Ramiro M.
    "We the neighbors made special place life is the people around here we made a nice place Schools near Pharmacy close it Corner store everywhere Church around all the blocks Bus station around The b32 B35"
    2
    Flag
  • Affinitycolumn
    "Close to parks many options of commuting good size apartments history district unique architecture lots of greens"
    1
    Flag
  • Pedro T.
    "Christmas is the favorite event in the area most of the houses has Christmas light and Christmas adorns at the doors."
    0
    Flag
  • Venus M.
    "none, I am not aware of any community events. no community events, not aware. not a very unified community. "
    1
    Flag

LGBTQ Local Legal Protections

Isatou Jabbie, Charles Rutenberg Realty, Inc.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey® MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1040 Clay Avenue, Bronx, NY 10456 is a 7 bedroom, 6 bathroom, 3,733 sqft multi-family built in 1899. 1040 Clay Avenue is located in Concourse, Bronx. This property is currently available for sale and was listed by OneKey® MLS on Aug 23, 2023. The MLS # for this home is MLS# H6265816.