1022 Prospect Avenue, Bronx, NY 10459

$850,000 Asking Price

4 beds
3 baths
2,760  sqft
Built in 1920

Discover the epitome of spacious living in the heart of the vibrant South Bronx at 1022 Prospect Ave. This massive two-family home offers a rare opportunity for developers, investors, or those seeking a spacious and versatile living space. This impressive property features a massive 3-bedroom, 2-bathroom duplex with separate entrances, providing privacy and flexibility for residents. With spacious rooms and thoughtful design, this duplex offers an ideal layout for comfortable living. Second Unit: In addition to the duplex, there's a 1-bedroom, 1-bathroom unit, and Unfinished Basement: Need storage space? Look no further. The unfinished basement offers ample room for storing belongings, equipment, or materials, with the potential for further customization or development. Situated in the heart of the South Bronx, this property enjoys proximity to a plethora of amenities, including shops, restaurants, parks, and public transportation, ensuring convenience and accessibility for residents. Developers Dream: With its sizeable layout and strategic location R7 , this property presents an excellent opportunity for developers to capitalize on the potential for expansion or renovation. Investment Potential: For investors seeking rental income, this property offers the perfect setup with two distinct units and the potential for lucrative returns. Spacious Living: Whether you're looking for a spacious home to call your own or considering options for multi-generational living, this property provides the space and versatility you desire. This remarkable two-family home in the South Bronx won't last long. Whether you're a developer, investor, or homebuyer, seize this opportunity to own a piece of prime real estate in one of New York City's most dynamic neighborhoods. Schedule your viewing today before it's gone!

Features & Amenities

Interior

Basement:
Unfinished
A/C:
true, Window Unit(s)
Heating:
Electric, Natural Gas, Baseboard, ENERGY STAR Qualified Equipment, Hot Water

Exterior

Style:
Colonial, Contemporary
Parking:
Attached, 1 Car Attached

Location

Originating MLS:
onekey
School District:
City of New York
County:
Bronx

Lot

Zoning:
026910003

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
onekey
Exclusions:
M2 Agent Exclusions

This listing courtesy of:
eXp Realty

About Bronx, NY

Housing

Number of Units
525,376
Median Home Value
$406,796
Median Rent
$1,107

79.66% of housing units are renter occupied.

4.69% are vacant.

Commute

Car
25.02%
Public Transportation
52.80%
Walk to Work
6.74%
Work from Home
14.45%
Other
0.58%

The median travel time to work is 41 minutes.

People

Population
1,405,186
Median Age
35.50
Median Household Size
2.82

Education

High School
28.62%
Associate’s Degree
7.69%
Bachelor’s Degree
13.10%
Graduate Degree
7.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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