1511B Commonwealth Ave Bronx, NY 10460

Listing Agency ESG REALTY INC Show Phone

777 KENT AVE STE 239, BROOKLYN, NY

Listed by Shia Greenfeld Show Phone

Added: Jun 4 Updated: Jul 16 at 10:24 pm Checked: Jul 21 at 3:06 am

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MLS# 11801260 Listing URL

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Investment Insights

Based on property information with market context.

This fully occupied two-family residence is configured as a 3-bedroom apartment over a 2-bedroom apartment. The property includes separate utility meters for all tenants, supporting independent billing across units. Current rents are reported as significantly below market value. The home is being sold as-is.

Located at 1511B Commonwealth Ave in the Bronx, NY 10460, the property is described as having a consistent rental history.

For buyers seeking a live-in or income-focused setup within a two-unit structure, the current tenant occupancy provides rental income immediately.

Key Highlights

• Fully occupied 2‑family home configured as a 3BR unit over a 2BR unit
• Immediate rental income with tenants already in place
• Rents currently below market value per seller, offering value‑add potential as leases renew

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FAQs

What type of property is this?

Multifamily property - Fully occupied 3BR-over-2BR configuration with separate utility meters and current rents below market value.

Where is this multifamily property located?

The property is located at 1511B Commonwealth Ave Bronx, NY.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Fully occupied 2‑family home configured as a 3BR unit over a 2BR unit; Immediate rental income with tenants already in place; Rents currently below market value per seller, offering value‑add potential as leases renew