1392 Commonwealth Avenue, Bronx, NY 10472
Bronx County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1910
Living Area
1,920 sq ft
Lot Size
0.04 acres
Days on Market
1
MLS® Listing#
996477
Property Features
Interior
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Contact Agent
- Middle:
- Call Listing Agent
- High:
- Contact Agent
Financial Details
Annual Taxes
$5,138
Assessed Value
$44,520
Parcel Number
03875-0040
Affordability Calculator
$219,800
Estimated monthly payment
$5,849/mo
Principal $879,200 · Est. interest $1,226,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bronx, NY
- $573,585
- Median Listing Price
- 71
- Median Days on Market
- 1,200
- Median Sq Ft
- $376
- Median Price / Sq Ft
- 1,272
- Active Listings
- This home’s price is 92% above the area median.
- Its price per sq ft is 52% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bronx, NY.
Location
- 1392 Commonwealth Avenue, Bronx, NY 10472
Points of Interest in Bronx, NY
Showing the Bronx area map.
Nearby Schools
P. S. 47 John Randolph
Elementary · 0.2 mi away
Bronx Little School
Elementary · 0.3 mi away
PS 536
Elementary · 0.3 mi away
Archer Elementary School
Elementary · 0.3 mi away
Spanish Eastern School of Theology
School · 0.3 mi away
Vertex Partnership Academies
School · 0.4 mi away
The Cinema School
Secondary · 0.5 mi away
James Monroe H S
School · 0.5 mi away
P. S. X721 - Stephen McSweeney School
Secondary · 0.5 mi away
Mott Hall V
Secondary · 0.5 mi away
P 188 at Monroe Campus
School · 0.5 mi away
P. S 196
Elementary · 0.5 mi away
PS 195
Elementary · 0.5 mi away
Bronx Charter School for Excellence
Elementary · 0.5 mi away
The Urban Assembly CH
Secondary · 0.6 mi away
Bronx Little School
Elementary · 0.6 mi away
Monroe Campus High School Alternate Learning Center Alc
Secondary · 0.6 mi away
The Metropolitan Soundview High School
Secondary · 0.6 mi away
Wings Academy
School · 0.6 mi away
Islamic Leadership School
School · 0.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 282 Reservoir Place, Bronx, NY | $772,888 | 7 | 2 | 2,768 |
| 4612 Monticello Avenue, Bronx, NY | $774,000 | 6 | 2 | 2,764 |
| 969 E 179th Street, Bronx, NY | $775,000 | 5 | 3 | 2,205 |
| 2962 Wickham Avenue, Bronx, NY | $795,000 | 7 | 4 | 3,566 |
| 1843 Muliner Avenue, Bronx, NY | $799,000 | 5 | 2 | 1,960 |
| 2355 Tiebout Avenue, Bronx, NY | $799,000 | 5 | 3 | 2,280 |
Moving Cost Estimate
EXIT Agents in Bronx
Listing Courtesy: Z Squared Realty Group - 9196373842
Presented by: Sayar Uddin
Fair Housing Notice