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    1506 Jarvis Ave Bronx, NY 10461

    Sponsored
    For Sale
    $1,090,000

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.07 Acres
    Days on Market:
    47
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 1506 Jarvis Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Basement
    Bedrooms
    6
    Bathrooms
    4
    APN
    05404-0204
    Parking
    4
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Open Kitchen, Washer/Dryer Hookup
    Basement
    Full, Walk-Out Access, Finished
    Lot size
    0.07 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    2006
    Number of units
    2
    Building materials
    Brick

    Charles Rutenberg Realty, Inc. (516) 575-7500 [email protected]

    Listing agent Yuh Chyi Lee CBR (917) 517-7632

    Listing date Nov 20, 2025

    MLS# 909676 Listing URL

    Copyright © 2025 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.

    Overview

    Pelham Bay Two-Family Home

    This fully detached, two-family brick home, constructed in 2007, is located in the Pelham Bay section of the Bronx. The property features two separate units, each with three bedrooms and two bathrooms, and high ceilings on the top floor. A finished, walk-out basement with a full bathroom is also included. The building is equipped with two sets of gas boilers and gas hot water heaters, each with separate utility meters. Hardwood floors are installed throughout the property. A private driveway and detached garage provide parking. The property is conveniently located near the 6 train, the Q50 bus station for commuting to Flushing, and an express bus to Manhattan. Restaurants, shops, schools, a library, banks, Pelham Bay Park, and major roadways are all nearby. The lot size is 0.072 acres. The building is being sold as-is with two leases in place.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aircon heating & air ... Hvac Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.826732
    Latitude
    40.843554

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    FAQs

    What type of property is this?
    Duplex - Two-unit home in Pelham Bay, Bronx, built in 2007.
    Where is this duplex located?
    The property is located at 1506 Jarvis Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,090,000.
    What are key features of this property?
    This property features: - Desirable Pelham Bay location with convenient access to transportation, restaurants, shops, schools, and Pelham Bay Park; - Newly built in 2007 fully detached brick 2-family home; - Two separate units, each with 3 bedrooms and 2 bathrooms
    (917) 517-7632
    Request Owner's contact information
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    Bronx, NY 10461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1506 Jarvis Ave Bronx, NY 10461
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