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    Kingsbridge Heights Multifamily Property Title is generated by Realmo AI

    2890 Bailey Ave The, Bronx, NY 10463

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    For Sale
    $1,100,000

    Multifamily property in Kingsbridge Heights with investment potential.

    Type:Investment
    Lot size:
    0.06 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 6:38 am

    Property Features for 2890 Bailey Ave The

    General Information

    Standard status
    Active
    Lot size
    0.06 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1901

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    Non Member-MLS

    Listing office

    Listing date Mar 10, 2026

    Source Elliman

    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 Malik A. Ketcham

    HighLights

    • Three out of four apartments will be vacant upon purchase, offering immediate rental income potential or owner‑occupancy options.
    • Oversized studio apartment with private backyard access, convertible to a one‑bedroom unit, adding value and flexibility.
    • Finished walk‑out basement with family room and half bath, providing additional living space and access to both front and back yards.
    • Excellent accessibility with nearby public transportation and the Major Deegan Expy (I‑87), simplifying commuting.
    • Zoned R6, offering versatile usage options and potential for future development or modifications.
    • Three‑bedroom apartments on the second and third floors, each with a full bathroom, providing comfortable living spaces.

    Overview

    Located in Kingsbridge Heights, this property offers accessibility with nearby public transportation and the Major Deegan Expy (I-87). The first floor features a one-bedroom apartment (front) and an oversized studio (rear) that can be converted to a one-bedroom apartment with private access to a backyard. The second and third floors each contain three-bedroom apartments with full bathrooms. The finished walk-out basement includes a family room and half bath, with two entrances leading to the front and backyard. Zoned as R6, this property presents opportunities for various uses. Three out of four apartments will be vacant upon purchase and are free-market. It is suited for owner-occupiers seeking a living space and rental income, or for investors looking to maximize monthly returns by renting out all four apartments. The property also features storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Real Estate Agency Building Supply Hotel & Motel HVAC Service Kitchen & Bath Showroom Bar & Pub Big Box & Wholesale Store Acupuncture Coworking & Hybrid Office

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.9039
    Latitude
    40.8757

    FAQs

    What type of property is this?
    Quadplex - Multifamily property in Kingsbridge Heights with investment potential.
    Where is this quadplex located?
    The property is located at 2890 Bailey Ave The Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Three out of four apartments will be vacant upon purchase, offering immediate rental income potential or owner‑occupancy options.; **Oversized studio apartment with private backyard access, convertible to a one‑bedroom unit, adding value and flexibility.**; Finished walk‑out basement with family room and half bath, providing additional living space and access to both front and back yards.
    More about this property
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