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Renovated Two-Family Duplex
For Sale
$820,000
Pending

3231 Grace Avenue, Bronx, NY 10469

Residential Income, Bronx, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market493

Property Features for 3231 Grace Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Dining Room, Bedroom 2, Basement
Parking 2
Interior features Eat-in Kitchen, Formal Dining, Quartz/Quartzite Counters, Recessed Lighting, Soaking Tub
Basement Finished, Full
Standard status Pending
APN 04757-0021
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6402

Utilities

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

Building Details

Year built 1965
Number of units 2
Building materials Brick
Listing Agency: YourHomeSold Guaranteed Realty · ERA Real Estate
Listed By: Garfield A. Bull
Added: May 1, 2025 Changed: Aug 20 Last Checked: Sep 5 at 6:06PM
MLS# 856065

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.

This renovated brick duplex contains two residential units arranged as a three-bedroom, one-bath residence above a two-bedroom, one-bath residence. The property also includes a finished basement with an additional bedroom, providing expanded interior capacity. Interior details include an eat-in kitchen, formal dining area, quartz or quartzite counters, recessed lighting, and a soaking tub.

Built in 1965, the property occupies 0.0436 acres and is served by public water and public sewer. Heating is provided by natural gas, baseboard, and hot water systems, while cooling is handled through window or wall/window units with separate meters. The property is near major highways, shopping centers, and public transportation in a residential section of the Bronx.

Key Highlights

  • Two residential units: 3‑bedroom/1‑bath over 2‑bedroom/1‑bath
  • Finished basement with an additional bedroom
  • Fully renovated brick construction

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Cafe & Coffee Shop

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,872
Businesses Nearby

Demographics for 10469, NY

71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Brick residential income property with two duplex units, a finished basement, and separate cooling systems.
Where is this duplex located?
The property is located at 3231 Grace Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Two residential units: 3‑bedroom/1‑bath over 2‑bedroom/1‑bath; Finished basement with an additional bedroom; Fully renovated brick construction
More about this property
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