Description
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.
Details
| MLS # | 1045721 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 42 |
| Listing Provided By | Locqube New York, Inc. | Jeffrie Pena |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,292 |
| Garage | 1 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.10 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Natural Gas, Radiant |
| Interior Features | Granite Counters |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | Near Public Transit, Near School, Near Shops |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Garage |
Utilities
| Utilities | Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 770000 |
| Tax Annual Amount | 8573 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10457 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10457) | |
Price: $1,374,999 low | high Med: $679,000 sqft: 3,292 low | high Med: 1,364 $ / sqft: $418 low | high Med: $498 On site: 42 low | high Med: 3 | |
Market Activity 10457
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10457 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10457) | |
Price: $1,374,999 low | high Med: $679,000 sqft: 3,292 low | high Med: 1,364 $ / sqft: $418 low | high Med: $498 On site: 42 low | high Med: 3 | |
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