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2-Unit Duplex with Finished Basement
For Sale
$899,999

1529 Gillespie Avenue, Bronx, NY 10461

Residential Income, Bronx, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market11

Property Features for 1529 Gillespie Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 5, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 3, Basement
Parking 1
Parking features Driveway
Interior features Natural Woodwork
Basement Finished, Walk-Out Access
Elementary school Ps 14 Senator John Calandra
Middle school Urban Institute Of Mathematics
High school Herbert H Lehman High School
Elementary school district Bronx 8
Middle school district Bronx 8
High school district Bronx 8
Standard status Active
APN 05395-0014
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6345

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Oil
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

driveway parking
private backyard
laundry room

Building Details

Year built 1930
Number of units 2
Building materials Frame
Buildings 1
Listing Agency: Real Broker NY LLC
Listed By: John Lajara
Added: Oct 27 Changed: Oct 29 Last Checked: Nov 6 at 8:06AM
MLS# 1067426

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.

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex was built in 1930 and has a three-bedroom, two-bathroom residence on the first floor, with a living room, dining area, renovated kitchen, and hardwood floors. The upper residence is described as a one-bedroom unit currently used as two bedrooms. A finished walkout basement adds living space, a full bathroom, and laundry. The property also includes driveway parking and a private backyard. Heating is oil-fired, cooling is provided by wall or window units, and public water and sewer are available.

The property is within walking distance of the 6 train along Westchester Avenue. Shops and restaurants are located along Crosby Avenue, Westchester Avenue, and Middletown Road. I-95, the Bruckner Expressway, and Hutchinson River Parkway provide access to major roadways. Pelham Bay Park, schools, and shopping are also nearby.

Key Highlights

  • Two‑family duplex with separate upper- and lower‑level residences
  • First‑floor residence has 3 bedrooms and 2 bathrooms
  • Upper unit is described as 1 bedroom and currently used as 2 bedrooms

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,644
Businesses Nearby

Demographics for 10461, NY

54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate upper- and lower-level residences, plus a finished walkout basement, driveway parking, and a private backyard.
Where is this duplex located?
The property is located at 1529 Gillespie Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Two‑family duplex with separate upper- and lower‑level residences; First‑floor residence has 3 bedrooms and 2 bathrooms; Upper unit is described as 1 bedroom and currently used as 2 bedrooms
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