Six-Unit Brownstone Apartment
For Sale
$699,999
1040 Clay Avenue, Bronx, NY 10456
Commercial Sale, Bronx, NY
Property SizeContact for details
Lot Size0.05 Acres
Days on Market355
Property Features for 1040 Clay Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Basement
Finished, Storage Space
Directions
CONCOURSE VILLAGE neighborhood: Webster Ave. make a right on E. 166th St. make a left on Clay Ave. ( between E. 166th St. & E. 165th St.)
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
(718) 697-6800
Listed By:
Isatou Jabbie
(929) 909-8784
Added: Sep 2, 2025
Changed: Aug 20
Last Checked: Aug 22 at 10:06PM
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 brick brownstone at 1040 Clay Avenue is a six-unit multifamily property built in 1899. The apartment mix includes five one-bedroom residences and one two-bedroom residence. Units are described as well maintained, with practical layouts and natural light. Regulated rents are in place across the building.
A fully finished basement adds a full bathroom and flexible space for recreation, storage, or other permitted uses. The property is served by public water and public sewer, with oil heating and electric cooling. Its Bronx location provides access to public transportation, major highways, shopping, schools, and neighborhood amenities.
A fully finished basement adds a full bathroom and flexible space for recreation, storage, or other permitted uses. The property is served by public water and public sewer, with oil heating and electric cooling. Its Bronx location provides access to public transportation, major highways, shopping, schools, and neighborhood amenities.
Key Highlights
- Six‑unit apartment building built in 1899
- Apartment mix includes five 1‑bedroom units and one 2‑bedroom unit
- Rent‑stabilized property with regulated rents
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,347
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Rent-stabilized multifamily property with a finished basement and public utilities.
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 apartment building built in 1899; Apartment mix includes five 1‑bedroom units and one 2‑bedroom unit; Rent‑stabilized property with regulated rents
