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1180 Grant Avenue

Bronx, NY 10456
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Bed 8

Bed

Bath 4

Bath

Acres0.07

Acre(Lot)

Welcome to this exceptional legal 4-family home, an ideal opportunity for both investors and developers. This property offers a unique blend of luxury and high rental income potential, making it perfect for those looking to maximize their investment. Each of the four spacious units features two bedrooms and one bathroom, boasting charming hardwood floors, bright and airy living spaces, and windowed kitchens equipped with modern amenities, including stainless steel appliances and dishwashers. Spanning a rare 4,968 square feet and zoned R7-1, this property presents a prime development opportunity for savvy investors looking to capitalize on its full potential. Recent upgrades enhance the building’s value, including a new boiler and hot water tank, updated plumbing and electrical systems, an d a sprinkler system for added safety. Additionally, split AC units provide heating and cooling, allowing the option to turn off the landlord’s central heating and have tenants cover their heating costs. A fully renovated basement, currently used as an office, features a separate entrance leading to a shared laundry room and storage area. The spacious backyard, currently utilized for parking, offers additional convenience and potential for further enhancements. With the City of Yes initiative, there is an exciting opportunity to increase the rent roll by optimizing the walk-out basement—be sure to check out the online video for inspiration. Tenants are responsible for electric and gas utilities, making this an efficient and low-maintenance investment. Situated near vibrant Morris Avenue, this home is surrounded by trendy restaurants, cafes, local shops, parks, and excellent transportation options. Don't miss the chance to own this remarkable multi-family property in a sought-after location. Whether you're an investor seeking strong returns or a developer looking to unlock its full potential, this is an opportunity you won’t want to miss!

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,799,999

AD Id : 74043532

MLS Id : 950747

Beds : 8

Lot Size : 0.07 Acre

Year Built : 1935

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Basement: Finished, Full, Walk-Out Access
  • Flooring Information

    Hardwood
  • Interior Features

    Open Floorplan Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1935 Building Area Total: 4968 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0735 Lot Size Square Feet: 3200

  • Listing Price Information

    Listing Price: $1799999 Original Price: $1949999

  • Tax Information

    Parcel Number: 02449-0047 Annual Tax: $6409

  • Parking Information

    Parking Total: 2 Driveway

  • Utility Information

    Natural Gas Available, Electricity Available
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/06/2026 @ 08:28

MLS: 950747 LISTED BY: Jeffrie Pena, Locqube New York, Inc. 347-657-1114 SOURCE: OneKey MLS

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