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Two-Family Residential Income Home
For Sale
$1,395,000

1871 Matthews Avenue, Bronx, NY 10462

Move-in ready two-family home on a combined lot size with an additional 25x100 parcel included for expansion.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market120

Property Features for 1871 Matthews Avenue

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Multi-family

Additional Details

Multifamily Units 2

Building Details

Year Built 1901
Listing Agency: EXP Realty LLC
Listed By: Abbott Martin Group
Source: Cthomeseekers
Added: Apr 7 Changed: Jul 27 Last Checked: Aug 4 at 10:11AM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This well-maintained two-family residence offers a move-in ready configuration with spacious layouts in each unit. The property is presented as a versatile option for both owner-occupants and investors, with comfort and functionality built into the existing unit design.

The home is situated on a 25x100 lot, and an additional 25x100 parcel (#1869) is included, providing room to consider future expansion or development. The offering is described as first time on the market in nearly 50 years.

Overall, the asset combines a classic two-family setup with the added benefit of an included adjacent parcel to support longer-term plans.

Key Highlights

  • Move‑in ready two‑family home built in 1901 with separate, thoughtfully designed units
  • Combined lot size of 25x100 plus an additional 25x100 parcel (#1869) included for future expansion or development
  • Spacious two‑family layout offering room for both homeowners and potential rental income

Property Analytics

Current Use

Amazing Galaxy Co. Service Establishment Jerry Apparel Clothing Store

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Hotel & Motel (Bike/Boat/Book/etc) Store

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

3,168
Businesses Nearby

Demographics for 10462, NY

84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Move-in ready two-family home on a combined lot size with an additional 25x100 parcel included for expansion.
Where is this duplex located?
The property is located at 1871 Matthews Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Move‑in ready two‑family home built in 1901 with separate, thoughtfully designed units; Combined lot size of 25x100 plus an additional 25x100 parcel (#1869) included for future expansion or development; Spacious two‑family layout offering room for both homeowners and potential rental income
More about this property
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