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Multifamily Building with Basement
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1337 Teller Avenue, Bronx, NY 10456

Vacant 3,300 SF multifamily building with two apartments and a basement in R7-1 zoning.

Property Size8,600 SF
Lot Size0.06 Acres
Price / SF$139.53
Days on Market72

Property Features for 1337 Teller Avenue

General Information

Standard status Active
Size 8,600 SF
Lot size 0.06 Acres
Property subtype Multifamily
Zoning R7-1

Additional Details

Multifamily Units 2

Building Details

Units 2
Listing Agency: IPRG Investment Property Realty Group
Listed By: Brian Davila · License #10401299684
Source: Crexi
Added: Jun 5 Changed: Aug 8 Last Checked: Aug 13 at 3:55PM

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 IPRG Investment Property Realty Group

Investment Insights

Based on property information with market context.

This vacant multifamily property at 1337 Teller Avenue features 2 apartments plus a basement within a 20 ft by 55 ft building footprint. The lot measures 25 ft by 100 ft. The offering is intended for delivery vacant.

The property is located in the Mount Eden section of the Bronx and is within walking distance to the B, D, and 4 subway lines. It sits on R7-1 zoning, which the materials note allows an Alt-CO conversion to 10 apartments.

For buyers and investors, the current configuration provides immediate residential income potential with two units, while the stated R7-1 zoning framework may support redevelopment planning through an Alt-CO path to a larger apartment count. The site’s size and dimensions may be relevant for parties evaluating conversion feasibility and near-term occupancy planning.

Key Highlights

  • 3,300 SF multifamily building with 2 apartments plus a basement, delivered vacant
  • Building size 20 ft x 55 ft; lot size 25 ft x 100 ft
  • R7‑1 zoning allows an Alt‑CO conversion to 10 apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Acupuncture HVAC Service

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,131
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant 3,300 SF multifamily building with two apartments and a basement in R7-1 zoning.
Where is this duplex located?
The property is located at 1337 Teller Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,300 SF multifamily building with 2 apartments plus a basement, delivered vacant; Building size 20 ft x 55 ft; lot size 25 ft x 100 ft; R7‑1 zoning allows an Alt‑CO conversion to 10 apartments
More about this property
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