Four-Family Residential
For Sale
$1,050,000
1928 Prospect Ave The, Bronx, NY 10457
Approved four-family property with four electric and gas meters, corner location, and units across multiple floors.
Days on Market96
Property Features for 1928 Prospect Ave The
General Information
Standard status
Active
Property subtype
Investment
Zoning
R7-1
Additional Details
Road Access
Yes
Multifamily Units
4
Building Details
Year Built
1905
Stories
4
Tenancy
Multi
Listing Agency:
(917) 607-0472
Listed By:
Benjamin J. Shen CBR
(917) 607-0472
Source:
Elliman
Added: Apr 28
Changed: Jul 22
Last Checked: Aug 1 at 6:29AM
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 Benjamin J. Shen CBR
Investment Insights
Based on property information with market context.
This approved four-family residential building is configured with four electric meters, four gas meters, and four boilers with hot-water tanks. The street level includes a one-bedroom apartment, the 1st floor features a three-bedroom unit with two full bathrooms, and the 2nd floor offers a four-bedroom layout with two full bathrooms. The 3rd floor includes an additional one-bedroom apartment.
Located on a corner along E. Tremont Ave, the main street with lots of shops, the property is within walking distance to the 2 and 5 subway lines. The lot measures 25 by 95, and the building size is 20 by 55.
Zoned R7-1, the seller is seeking a cash buyer only. Low stated property tax is $4,070 per year, and the price is negotiable.
Located on a corner along E. Tremont Ave, the main street with lots of shops, the property is within walking distance to the 2 and 5 subway lines. The lot measures 25 by 95, and the building size is 20 by 55.
Zoned R7-1, the seller is seeking a cash buyer only. Low stated property tax is $4,070 per year, and the price is negotiable.
Key Highlights
- Approved as a four‑family residence (Zoning R7‑1) with 4 electric meters and 4 gas meters
- Utilities and heating setup includes 4 boilers and 4 hot‑water tanks for the four‑family configuration
- Corner location on E. Tremont Ave with lots of nearby shops and within walking distance to 2 and 5 subway lines
Property Analytics
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,732
Businesses Nearby
Explore this area
Business Placement
Demographics for 10457, NY
77,488
Population
27,795
Households
2.8
Avg Household Size
33
Median Age
15%
College-Educated
70%
High-School Grad
1.3 sq mi
ZIP Area
59,606
Density / Sq Mi
$44,911
Median Household Income
$30,564
Median Earnings
$1,400
Median Rent
$336,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Approved four-family property with four electric and gas meters, corner location, and units across multiple floors.
Where is this quadplex located?
The property is located at 1928 Prospect Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Approved as a four‑family residence (Zoning R7‑1) with 4 electric meters and 4 gas meters; Utilities and heating setup includes 4 boilers and 4 hot‑water tanks for the four‑family configuration; Corner location on E. Tremont Ave with lots of nearby shops and within walking distance to 2 and 5 subway lines
