HOUSE
Address: ‎1501 Teller Avenue
Zip Code: 10457
4 fam, 8 bed, 4 bath
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$1,499,999
ID # 972721
English
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Locqube New York, Inc. Office: ‍347-657-1114

$1,499,999 - 1501 Teller Avenue, Bronx, NY 10457|ID # 972721

ID #‎ 972721
Details4 fam, 8 bed, 4 bath, garage, AC, Lot Size: 0.1 acres, 4 Units in the building
(DOM): 1 days
Construction Year1920
Taxes
(per year)
$7,938
Fuel TypeGas
Heat typeRadiant (Floor/Wall)
Air
Conditioning
Wall Unit AC
BasementPartial
Garage TypeAttached
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房屋英文概況 English Description

Welcome to 1501 Teller Avenue, a fully renovated and income-producing 4-family townhome situated on a prominent corner lot in the Claremont section of the Bronx. This turnkey asset features four spacious two-bedroom units, each thoughtfully updated with quartz countertops, stainless steel appliances, white shaker cabinetry, and elegant oak flooring, offering strong tenant appeal and consistent cash flow. The building is fully occupied and generates approximately $93,000 in net operating income, equating to a 6.2% cap rate at the $1,500,000 asking price, with an estimated ~7.7% cash-on-cash return based on 20% down and current 6% financing. Additional features include a brick façade, attached one-car garage, and a full unfinished basement with high ceilings and a separate entrance—presenting a prime opportunity for future expansion or additional income potential in line with NYC’s City of Yes initiatives. The property also benefits from R7-1 zoning with approximately 2,898 square feet of unused FAR, offering long-term development upside. Conveniently located near BronxCare Hospital, shopping, dining, schools, and major transit lines (B, D, and 4 trains), providing an easy commute to Manhattan.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Locqube New York, Inc. © 2026

Courtesy of Locqube New York, Inc.

公司: ‍347-657-1114




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$1,499,999
HOUSE
ID # 972721
‎1501 Teller Avenue
Bronx, NY 10457
4 fam, 8 bed, 4 bath


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