Welcome to this exceptional legal 3-family home, ideally situated for both investors and developers. This property offers a unique opportunity for those seeking a luxurious residence with high rental income potential or for developers looking to maximize their investment. Each of the three spacious units features 4-bedrooms and 1-bathroom, perfect for generating rental income or accommodating multi-generational living arrangements. The interior boasts charming hardwood floors and bright, airy living rooms. The windowed kitchens are equipped with modern amenities, including dishwashers and updated stainless steel appliances. The property also features a spacious backyard, ideal for outdoor entertaining, and a full basement with a walkout and shared laundry room. The City of Yes initiative presents a rare opportunity to potentially increase rent roll with the spacious walk-out basement. Tenants are responsible for electric and gas utilities. Located near vibrant Morris Avenue, the neighborhood offers easy access to trendy restaurants, cafes, local shops, parks, and convenient transportation options. Don't miss this incredible opportunity to own a multi-family home in a sought-after location. Whether you're an investor seeking strong returns or a developer ready to unlock this property's full potential, this property is not to be missed.
For sale
$1,449,999
1037 College Avenue, Bronx, NY 10456
12beds
3,708sqft
Triplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$391/sqft
$-- HOA
What's special
Modern amenitiesSpacious backyardSpacious unitsWindowed kitchensCharming hardwood floors
- 5 days
- on Zillow |
- 135 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 02:03am
Listing by:
Locqube New York, Inc. 347-657-1114,
Jeffrie Pena 917-242-9882
Source: OneKey® MLS,MLS#: 875172

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Cooling
- Wall/Window Unit(s)
Features
- Eat-in Kitchen
- Flooring: Hardwood
- Basement: Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,708
- Total interior livable area: 3,708 sqft
Video & virtual tour
Property
Lot
- Size: 2,031 Square Feet
Details
- Parcel number: 024370030
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1920
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Location
- Region: Bronx
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $50,460
- Annual tax amount: $5,319
- Date on market: 6/9/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
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