$1,050,000
Active

1169 Leland Avenue

New York, NY 10472
3717 sqft | 7 beds | 4 baths | #856485
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Description

Great Investment Opportunity in Prime Parkchester!
This solid brick 4-family home offers strong upside potential with below-market rents and spacious layouts. The first floor features a 1-bedroom and a 2-bedroom apartment, while the second floor offers two 2-bedroom units—ideal for maximizing rental income. All tenants are currently paying under-market rent, presenting a fantastic opportunity for a new owner to bring rents to market rate and significantly increase cash flow. The high-ceiling basement includes two separate entrances—one from the interior hallway and another from the rear—offering additional possibilities. Conveniently located near shopping, public transportation, major highways, houses of worship, and more. Don’t miss out on this prime Parkchester gem with endless potential!

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • InteriorFirst Floor Bedroom, First Floor Full Bath
      • Sewer InformationPublic Sewer
      • CountyBronx County
      • CoolingMulti Units
      • Original List Price$1,050,000
      • Property SubtypeQuadruplex
      • HeatingHot Water
      • Taxes Annual$19,284
      • Cost1050000
      • Utility SourcePublic
      • MLS #856485
      • MLS #856485
      • Square Feet3717
      • Year Built1924
      • Bedrooms7
      • Bathrooms4
      • Full Baths4
      • Basement1
      • Days on Market (Cumulative)1

Location

Teddy RealtyTEST GROUP FOR TEDDY
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