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About the Listing LOCQUB - 31362
Fully renovated, income-producing, and delivered with two units vacant at closing: 1501 Teller Avenue is a solid brick four-family townhome commanding a corner lot in the Claremont section of the Bronx, offering immediate cash flow, immediate control, and multiple paths to added income. All four units are spacious two-bedrooms finished with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring. Two units are occupied and producing; two are vacant, giving a buyer the rare ability to set market rents on day on or move in and finance as an owner-occupant. This is a free market building. The attached one-car garage can be rented separately, a consistently in-demand amenity in a neighborhood where street parking is scarce. And the full unfinished walk-out basement, with high ceilings and its own grade-level separate entrance, is a genuine value-add canvas: rentable storage today, and a strong candidate for future conversion as NYC's City of Yes reforms expand what's possible below grade. R7-1 zoning leaves approximately 2,898 square feet of unused FAR for longer-term development. Located minutes from BronxCare Hospital, shopping, dining, and schools, with the B, D, and 4 trains providing a fast, easy commute to Manhattan.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating: Natural Gas,Radiant
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Walk-Out Access
- Other: Granite Counters
- Water: Public
Exterior Details
- Lot Description: Near Public Transit,Near School,Near Shops,No Waterfront
- Garage Capacity: 1 car
- Parking Spaces: 1
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Attached,Garage
Financial Details
- Tax Amount: $8,573
- Taxes w/Assessments: N/A
- Tax/Property ID: 02787-0060
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
1501 Teller Ave Bronx, NY 10457
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