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Legal Two-Family Brick Duplex with Walkout Basement
New
For Sale
$1,349,000

1858 Phelan Place, Bronx, NY 10453

MULTI_FAMILY - Bronx, NY

Lot Size0.10 Acres
Days on Market3

Property Features for 1858 Phelan Place

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 10
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 9, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 5, Bathroom 3, Basement, Bedroom 1, Dining Room, Bedroom 4, Bathroom 2, Bathroom 6, Bedroom 8, Bedroom 10, Bedroom 5, Bedroom 6
Parking 3
Parking features Garage, Driveway
Interior features Eat-in Kitchen, Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, Natural Woodwork, Storage
Basement Finished, Walk-Out Access
Elementary school Contact Agent
Middle school Call Listing Agent
High school Contact Agent
Elementary school district Contact Agent
Middle school district Contact Agent
High school district Contact Agent
Standard status Active
APN 02879-0187
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5613

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1920
Number of units 2
Flooring type Hardwood
Building materials Brick
Additional Structures Storage
Listing Agency: RE/MAX Distinguished Hms.&Prop · RE/MAX International
Listed By: Hermi Aquino · License #30AQ1103641
Added: Jul 31 Changed: Aug 1 Last Checked: Aug 2 at 3:06AM
MLS# 1033327

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.

Investment Insights

Based on property information with market context.

1858 Phelan Place is a legal two-family, fully detached brick duplex built in 1920, offering spacious, light-filled interiors with high ceilings and hardwood flooring. The main levels include a first-floor unit with three bedrooms and 1.5 baths, featuring a renovated eat-in kitchen with custom cabinets and granite counters, renovated bathrooms, and natural woodwork with abundant closet space. The second-floor unit provides four bedrooms and 1.5 baths.

A standout feature is the above-ground, full finished walkout basement, which includes a two-bedroom, one-full-bath layout plus a studio with one full bath, along with a finished attic space set up as a loft/studio with one full bath. There is also a rear fire escape already set up for an easier conversion to 3 to 5 units. Utilities include four electric meters and four gas meters.

Parking is provided by a 2-car garage with a common driveway. Public water and public sewer are in place, and natural gas heat is available. The property is located in Morris Heights in The Bronx, with MTA subway access steps away (lines #4, B, D, plus Metro-North) and multiple bus lines, shopping, and nearby colleges.

Key Highlights

  • Legal two‑family brick duplex built in 1920 with hardwood floors and high ceilings
  • Above‑ground finished walkout basement with two‑bedroom plus studio plus finished attic loft/studio
  • Rear fire escape set up for an easier conversion to 3 to 5 units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Electrical Service 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,241
Businesses Nearby

Demographics for 10453, NY

81,951
Population
28,801
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
0.9 sq mi
ZIP Area
91,057
Density / Sq Mi
$35,482
Median Household Income
$30,097
Median Earnings
$1,393
Median Rent
$580,100
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 - Legal two-family brick home with an above-ground finished walkout basement, high ceilings, and hardwood floors plus a 2-car garage.
Where is this duplex located?
The property is located at 1858 Phelan Place Bronx, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Legal two‑family brick duplex built in 1920 with hardwood floors and high ceilings; Above‑ground finished walkout basement with two‑bedroom plus studio plus finished attic loft/studio; Rear fire escape set up for an easier conversion to 3 to 5 units
More about this property
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