1241 College Ave

Bronx, NY 10456
  • $835,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing EMRANE - 52204

Welcome to 1241 College Ave, Bronx, NY 10456 — an exceptional investment opportunity offering strong income potential. This solid brick property features three residential units and a ground-floor storefront, along with a full unfinished basement that provides excellent storage space or potential for future customization. The building includes two spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, all with comfortable layouts and great rental appeal. The storefront adds an additional income source or can be used for your own business. With a projected total rental income of approximately $10,000 per month and an estimated 10–11% CAP rate, this property offers impressive returns and reliable cash flow. Whether you’re an investor looking for a high-yield opportunity or a buyer interested in living in one unit while your tenants cover most of the mortgage, 1241 College Ave offers flexibility and long-term value. Conveniently located near major transportation, schools, shopping, and local amenities, this property provides both convenience and potential in one of the Bronx’s most active neighborhoods. Don’t miss your chance to own this income-generating property in a prime Bronx location. Contact Emran Bhuiyan at Emran Estates Realty for more details or to schedule a private showing.

Listing Highlights for 1241 College Ave

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® 933219
Year Built 1905
Total Square Footage 0
Lot/Acreage 0.04
County Bronx County
School District Bronx 9
Elementary School Ps 53 Basheer Quisim
Middle School Jhs 22 Jordan L Mott

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full,Partially Finished
  • Other: First Floor Bedroom,First Floor Full Bath
  • Water: Public

Exterior Details

  • Lot Description: No Waterfront
  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street

Financial Details

  • Tax Amount: $3,374
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 02439-0068
  • Tax Year: N/A

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1241 College Ave Bronx, NY 10456

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Originating MLS: onekey2

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