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Rent-Stabilized Brownstone Apartment Building
For Sale
$699,999

1040 Clay Avenue, Bronx, NY 10456

Regulated apartments, a finished basement, and full bathroom support varied residential space needs.

Property Size3,733 SF
Days on Market356

Property Features for 1040 Clay Avenue

General Information

Standard status Active
Size 3,733 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 5 x 1BR, 1 x 2BR
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $13,000

Amenities

finished basement with full bathroom

Building Details

Building Size 3,733 SF
Year Built 1899
Buildings 1
Units 6
Construction brownstone
Listing Agency: Keller Williams Realty NYC Grp
Listed By: Isatou Jabbie
Source: Professionalchoicerealty
Added: Sep 8, 2025 Changed: Aug 27 Last Checked: Aug 28 at 11:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty NYC Grp

Investment Insights

Based on property information with market context.

Built in 1899, this brownstone apartment building contains six residential units with a mix of five 1-bedroom apartments and one 2-bedroom apartment. The units feature well-proportioned layouts and natural light. A fully finished basement with a full bathroom provides additional interior space for storage, recreation, or other permitted uses.

The property is rent-stabilized, with regulated rents in place. Located at 1040 Clay Avenue in the Bronx, the building is near public transportation, major highways, shopping, schools, and neighborhood amenities.

Key Highlights

  • Six‑unit brownstone apartment building built in 1899
  • Unit mix includes five 1‑bedroom apartments and one 2‑bedroom apartment
  • Rent‑stabilized property with regulated rents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom HVAC Service Gym & Fitness Center Building Supply Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,347
Businesses Nearby

Demographics for 10456, NY

93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Regulated apartments, a finished basement, and full bathroom support varied residential space needs.
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 brownstone apartment building built in 1899; Unit mix includes five 1‑bedroom apartments and one 2‑bedroom apartment; Rent‑stabilized property with regulated rents
More about this property
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