Description
Rare opportunity to add this vacant four-family property at 1171 Colgate Ave to your real estate portfolio. The home is located in rapidly developing Soundview Section of the Bronx and Conveniently located near the MTA 6 train at Elder Ave station. This property offers an excellent multifamily investment opportunity. The building features four residential units: 1 × 3-bedroom apartment3 × 2-bedroom apartmentsEach apartment has its own separate gas-fired boiler providing both heat and hot water, allowing for individual control of heating and hot water expenses.The property also includes a high-ceiling, walk-out basement that is currently unfinished, offering potential for additional storage or future use, subject to applicable zoning and permits.Delivered vacant, the property provides investors with flexibility to renovate, reposition, and maximize its rental income potential. Call today to schedule your viewing before it gone.
Details
| MLS # | 1044613 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 53 |
| Listing Provided By | Han Tang Realty Inc. | Alex S. Huang |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,360 |
| Car Port | Yes |
| Basement | Y |
| Units | 4 |
| Acreage | 0.06 |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard, Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath |
Exterior
| Construction Materials | Stucco |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Carport, Driveway, Off Street |
Utilities
| Utilities | Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 252000 |
| Tax Annual Amount | 13190 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10472 |
| School District | Contact Agent |
| Elementary School | Ps 152 Evergreen |
| High School | Contact Agent |
| Listing VS Median (in 10472) | |
Price: $1,299,900 low | high Med: $1,050,000 sqft: 3,360 low | high Med: 3,310 $ / sqft: $387 low | high Med: $318 On site: 53 low | high Med: 182.5 | |
Market Activity 10472
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10472 |
| School District | Contact Agent |
| Elementary School | Ps 152 Evergreen |
| High School | Contact Agent |
| Listing VS Median (in 10472) | |
Price: $1,299,900 low | high Med: $1,050,000 sqft: 3,360 low | high Med: 3,310 $ / sqft: $387 low | high Med: $318 On site: 53 low | high Med: 182.5 | |
 | $1,270,0001255 Elder AvenueBronx, NY 10472 |