BEDS8
BATHS4 full
MLS#1045721
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLContact Agent
Property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Garage: 1
Heating: Natural Gas, Radiant
Lot Size: 0.10 Acres
Taxes: $8,573
Year Built: 1920
Amenities
Granite Counters
Feature Descriptions
Building Area Total: 3292
Days on Site: 1
Exterior: Brick
Flooring: Hardwood
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Included In Taxes: Sewer, Trash
Laundry: Common Area
Lot Features: Near Public Transit, Near School, Near Shops
On Market Date: 2026-09-01
Parcel Number: 02787-0060
Parking Features: Attached, Garage
Parking Total: 1
Rental Term: Monthly
Seller Concession: Yes
Seller Concession Amount:: 27500.00
Separate Electric Meters: 5
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Trash Collection Public
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Locqube New York, Inc.
Agency Phone: 347-657-1114
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 4,175.61 per month $3,060.15 Principal & Interest $714.42 Property Tax $401.04 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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1501 Teller Avenue | MLS# 1045721
This multi-family property located at 1501 Teller Avenue , Bronx, NY 10457 is currently listed for sale with an asking price of $1,374,999. Teller Avenue is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerchoice.com today.