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Six-Unit Brownstone Multifamily

1040 Clay Avenue Bronx, NY 10456

1040 Clay Avenue, Bronx, NY, 10456
$699,999
For Sale
$699,999

MULTI_FAMILY - Bronx, NY

Lot Size0.05 Acres
Days on Market324

Property Features for 1040 Clay Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Basement
Finished, Storage Space
Standard status
Active
APN
02425-0002
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
13000

Utilities

Sewer type
Public Sewer
Heating system
Oil
Cooling system
Electric
Water source
Public

Building Details

Year built
1899
Number of units
6
Building materials
Brick
Listing agency Keller Williams Realty NYC Grp
Listed by Isatou Jabbie
Added: Sep 2, 2025 Updated: Jul 13 at 7:36AM Checked: Jul 22 at 7:06AM
MLS# 909602

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained brownstone multifamily building offers six total apartments configured as five 1-bedroom units and one 2-bedroom unit. The units are described as featuring well-proportioned layouts and strong natural light, designed to appeal to today’s renters. In addition to the apartment levels, the property includes a fully finished basement with a full bathroom, providing flexible bonus space for recreation, storage, or other permitted uses.

Located at 1040 Clay Avenue in the Bronx, the property is positioned for convenient day-to-day access. Public transportation and major highways are referenced in the listing remarks, along with nearby shopping, schools, and neighborhood amenities.

For buyers seeking an owner-occupant or investment property, the listing highlights that the building is rent-stabilized. That regulatory framework is presented as a source of stability through regulated rents, while still maintaining the core value of a long-term residential asset. The mix of unit sizes, along with the added basement amenity, supports a practical fit for households and operators looking for a straightforward six-unit residential setup.

Key Highlights

  • Six‑unit multi‑family brownstone building in a high‑demand Bronx rental market.
  • Rent‑stabilized property providing reliable, long‑term income and consistent cash flow.
  • Features five 1‑bedroom and one 2‑bedroom apartments with well‑proportioned layouts and excellent natural light.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Kitchen & Bath Showroom HVAC Service Gym & Fitness Center Building Supply Carpet & Flooring Store Acupuncture Veterinary Clinic Pet Grooming Service Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained six-unit building with five 1-bedroom and one 2-bedroom apartment, plus a fully finished basement with a full bath.
Where is this apartment building located?
The property is located at 1040 Clay Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Six‑unit multi‑family brownstone building in a high‑demand Bronx rental market.; Rent‑stabilized property providing reliable, long‑term income and consistent cash flow.; Features five 1‑bedroom and one 2‑bedroom apartments with well‑proportioned layouts and excellent natural light.
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