1180 Grant Avenue, Bronx, NY, 10456
About This Home
Welcome to this exceptional legal 4-family home, an ideal opportunity for both investors and developers. This property offers a unique blend of luxury and high rental income potential, making it perfect for those looking to maximize their investment. Each of the four spacious units features two bedrooms and one bathroom, boasting charming hardwood floors, bright and airy living spaces, and windowed kitchens equipped with modern amenities, including stainless steel appliances and dishwashers. Spanning a rare 4,968 square feet and zoned R7-1, this property presents a prime development opportunity for savvy investors looking to capitalize on its full potential. Recent upgrades enhance the building’s value, including a new boiler and hot water tank, updated plumbing and electrical systems, and a sprinkler system for added safety. Additionally, split AC units provide heating and cooling, allowing the option to turn off the landlord’s central heating and have tenants cover their heating costs. A fully renovated basement, currently used as an office, features a separate entrance leading to a shared laundry room and storage area. The spacious backyard, currently utilized for parking, offers additional convenience and potential for further enhancements. With the City of Yes initiative, there is an exciting opportunity to increase the rent roll by optimizing the walk-out basement—be sure to check out the online video for inspiration. Tenants are responsible for electric and gas utilities, making this an efficient and low-maintenance investment. Situated near vibrant Morris Avenue, this home is surrounded by trendy restaurants, cafes, local shops, parks, and excellent transportation options. Don't miss the chance to own this remarkable multi-family property in a sought-after location. Whether you're an investor seeking strong returns or a developer looking to unlock its full potential, this is an opportunity you won’t want to miss!
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1935
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Appliances
- Laundry features: Common Area
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Features
- Open Floorplan
- Window features: New Windows
- Flooring: Hardwood
Heating & Cooling
- Heating features: Has Heating (Unspecified Type)
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 4,968
- Total interior livable area: 4,968 sqft
Property
Details
- Parcel number: 024490047
- Attached to another structure: Yes
- Special condition: None
Lot
- Lot size: 3,200 sqft
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bronx County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,101 | $109,212 |
| Home Insurance * | $814 | $9,768 |
| Property Taxes | $1,873 | $22,476 |
| Electricity | $821 | $9,852 |
| Total | $12,609 | $151,308 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-10 | Price change | $1,799,999 |
| 2026-01-12 | Listed for sale | $1,949,999 |
| 2025-08-04 | Listing removed | $1,949,999 |
| 2025-06-09 | Listed for sale | $1,949,999 |
| 2025-06-09 | Listing removed | $1,949,999 |
| 2025-05-02 | Price change | $1,949,999 |
| 2025-03-21 | Listed for sale | $1,999,999 |
| 2022-03-28 | Listing removed | -- |
| 2022-01-19 | Listed for rent | $2,295 |
| 2020-02-08 | Listing removed | $2,600 |
| 2020-01-08 | Listed for rent | $2,600 |
| 2019-05-11 | Listing removed | $2,100 |
| 2019-01-22 | Listed for rent | $2,100 |
| 2016-02-16 | Sold | $490,000 |
| 2015-11-04 | Listing removed | $479,000 |
| 2015-09-24 | Listed for sale | $479,000 |
| 2009-09-21 | Listing removed | $445,000 |
| 2009-08-08 | Price change | $445,000 |
| 2009-06-26 | Listed for sale | $465,000 |
View on Zillow