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Colonial Duplex with Expansion Lot
For Sale
$1,395,000

1871 Matthews Avenue, Bronx, NY 10462

MULTI_FAMILY - Colonial - Bronx, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market99

Property Features for 1871 Matthews Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Basement, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 5
Interior features First Floor Bedroom, First Floor Full Bath
Basement Full
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
Directions Morris Park Avenue to Matthews
Standard status Active
APN 04054-0052
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7481

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1901
Number of units 2
Flooring type Wood
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Tereza Barry
Added: May 5 Changed: Aug 3 Last Checked: Aug 11 at 5:06PM
MLS# 994900

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.

Colonial duplex arranged as a two-family home with interior features including a first-floor bedroom and a first-floor full bath. The property includes wood flooring, vinyl siding, a basement, and rooms laid out for five bedrooms and two bathrooms. Heating is provided by natural gas, with window and wall/window unit(s) for cooling.

Set on a generous lot sized 25x100, with an additional lot of 25x100 labeled (#1869) that supports future expansion or development. Public water and public sewer are available. Built in 1901, the home is presented as a maintained, move-in ready option.

This configuration offers an owner-occupant layout with a second unit for rental income potential, supported by the two-family duplex structure and flexible lot arrangement for growth.

Key Highlights

  • Two‑family Colonial duplex with first‑floor bedroom and first‑floor full bath
  • Lot sized 25x100 plus an additional lot 25x100 (#1869) for future expansion
  • Built in 1901 with vinyl siding and wood flooring

Property Analytics

Current Use

Amazing Galaxy Co. Women'S Clothing Store 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

Multi-tenant
Tenancy

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 - Colonial two-family duplex with natural gas heating, window A/C, and a first-floor bedroom plus full bath.
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: Two‑family Colonial duplex with first‑floor bedroom and first‑floor full bath; Lot sized 25x100 plus an additional lot 25x100 (#1869) for future expansion; Built in 1901 with vinyl siding and wood flooring
More about this property
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