BEDS8
BATHS3 full
MLS#1060708
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLBronx 10
Property Description
Investor opportunity at 1618 Taylor Avenue, Bronx, NY 10460! This fully occupied four-unit multifamily property offers approximately 3,080 square feet of gross building area on a 2,375-square-foot lot. Featuring a mix of 2-bedroom and 3-bedroom apartments, this income-producing asset provides multiple rental income streams.The property generates approximately $172,546 in annual gross rental income, with a reported pro forma net operating income of $133,248. All four units are occupied, with rental income supported in whole or in part by government subsidy programs or agency/organizational lease arrangements, subject to verification.With reported operating expenses of approximately $34,122 annually, this property presents an opportunity for investors seeking a fully occupied multifamily asset with substantial existing income. The property is noted as having fewer than six units and outside rent stabilization, subject to confirmation and applicable laws.Offered exclusively at $1,500,000. Financials, leases, expenses, and rental regulations to be independently verified by the purchaser
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: Central Air
Heating: Natural Gas
Lot Size: 0.05 Acres
Taxes: $15,192
Year Built: 1927
Amenities
ENERGY STAR Qualified Door(s)
High Ceilings
Feature Descriptions
Building Area Total: 3080
Days on Site: 2
Exterior: Brick
On Market Date: 2026-10-09
Parcel Number: 04024-0049
Parking Features: None
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 5
Separate Gas Meters: 4
Sewer: Public Sewer
Units: 4
Utilities: Electricity Connected
Water: Public
Local Schools
High School: Belmont Preparatory High School
Middle School: Acad-Personal Ldshp And Excellence
Elementary School: Bedford Park Elementary School
School District: Bronx 10
Listed By / Shown By
Listing By
Agency Name: HomeSmart Homes & Estates
Agency Contact: 914-236-5500
Shown By
Agent Name: Brittany DeVarso
Agent Phone: Cell: (516) 967-4787
Agency Title: Howard Hanna | Coach Realtors
Estimate Your Payment
Estimated Payment
$ 8,145.36 per month $6,441.86 Principal & Interest $1,266.00 Property Tax $437.50 Homeowner's InsuranceChange Payment Information
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1618 Taylor Avenue | MLS# 1060708
This multi-family property located at 1618 Taylor Avenue , Bronx, NY 10460 is currently listed for sale with an asking price of $1,500,000. Taylor Avenue is located within the Bronx 10 school district. Search Bronx real estate on bdevarso.coachrealtors.com today.