Renovated Bronx Multifamily Townhome

1501 Teller Ave The, Bronx, NY 10457

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For Sale

$1,499,999

Income-producing 4-family townhome in the Claremont section of the Bronx.

Type:Investment

Listing Contact

Jeffrie Pena

Real Estate License ID: 10401261474

HighLights

Income‑producing 4‑family townhome generating approximately $93,000 net operating income (6.2% cap rate).
Fully renovated units with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring.
Prime corner lot location in the Claremont section of the Bronx, near BronxCare Hospital, shopping, dining, and schools.
High transit score (100) with convenient access to B, D, and 4 trains for easy commute to Manhattan.
Unfinished basement with high ceilings and separate entrance offers expansion potential.
R7‑1 zoning with approximately 2,898 square feet of unused FAR provides long‑term development upside.

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For Sale

$1,499,999

Income-producing 4-family townhome in the Claremont section of the Bronx.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 3:48 pm

Property Features for 1501 Teller Ave The

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1920

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Listing Contact

Jeffrie Pena

Listing agent Jeffrie Pena License #10401261474

Listing office Pantiga Group Inc.

Listing date Apr 24, 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 Pantiga Group Inc.

HighLights

Income‑producing 4‑family townhome generating approximately $93,000 net operating income (6.2% cap rate).
Fully renovated units with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring.
Prime corner lot location in the Claremont section of the Bronx, near BronxCare Hospital, shopping, dining, and schools.
High transit score (100) with convenient access to B, D, and 4 trains for easy commute to Manhattan.
Unfinished basement with high ceilings and separate entrance offers expansion potential.
R7‑1 zoning with approximately 2,898 square feet of unused FAR provides long‑term development upside.

Overview

This fully renovated, income-producing 4-family townhome is located on a corner lot in the Claremont section of the Bronx. The property features four spacious two-bedroom units, each updated with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring. The building is fully occupied and generates approximately $93,000 in net operating income. Additional features include a brick façade, an attached one-car garage, and a full unfinished basement with high ceilings and a separate entrance, presenting an opportunity for future expansion. The property benefits from R7-1 zoning with approximately 2,898 square feet of unused FAR, offering long-term development upside. Conveniently located near BronxCare Hospital, shopping, dining, schools, and major transit lines (B, D, and 4 trains), providing an easy commute to Manhattan. The location has a bike score of 79, walk score of 97, and transit score of 100.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Bronx
County: Bronx
State: New York
Longitude: -73.909445
Latitude: 40.840349

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For sale
Quadplexes
NY
Bronx
10457
1501 Teller Ave The

What type of property is this?

Quadplex - Income-producing 4-family townhome in the Claremont section of the Bronx.

Where is this quadplex located?

The property is located at 1501 Teller Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $1,499,999.

What are key features of this property?

This property features: Income‑producing 4‑family townhome generating approximately $93,000 net operating income (6.2% cap rate).; **Fully renovated units** with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring.; Prime corner lot location in the Claremont section of the Bronx, near BronxCare Hospital, shopping, dining, and schools.