1392 Commonwealth Avenue,Bronx, NY 10472
Bronx, NY 10472
Description
Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity. The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike. In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use. All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential. With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.
Details
| MLS # | 996477 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 139 |
| Listing Provided By | Z Squared Realty Group | Sayar Uddin |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,920 |
| Basement | Y |
| Units | 2 |
| Acreage | 0.04 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Oil, Other |
| Interior Features | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 44520 |
| Tax Annual Amount | 5137.76 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10472 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10472) | |
Price: $1,099,000 low | high Med: $999,900 sqft: 1,920 low | high Med: 3,685 $ / sqft: $572 low | high Med: $271 On site: 139 low | high Med: 476 | |
Market Activity 10472
Request a showing
Request a showing
Contact
Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10472 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10472) | |
Price: $1,099,000 low | high Med: $999,900 sqft: 1,920 low | high Med: 3,685 $ / sqft: $572 low | high Med: $271 On site: 139 low | high Med: 476 | |