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323 Concord Ave, Bronx, NY, 10454

6beds
3baths
2,148sqft
$874,888
$407price/sqft
$5,716/moest. monthly cost
$228,640/yrincome needed

About This Home

Introducing a distinguished three-family residence offering both refined living and strong financial performance in the rapidly evolving enclave of Mott Haven. Set on a quiet, residential street, this impeccably maintained property delivers an uncommon blend of architectural charm, modern updates, and turnkey investment appeal. The building features three generously scaled, beautifully enhanced units, each boasting upgraded kitchens, contemporary baths and abundant natural light. With all units fully leased to reliable tenants, the property delivers a consistent, market-aligned income stream and an attractive 5% cap rate, making it an exceptional opportunity for investors seeking stability and long-term growth in a high-demand neighborhood. Situated moments from the Bronx waterfront, acclaimed dining and cultural venues, and multiple transit options—including the 2, 5, and 6 trains—this property offers effortless connectivity to Manhattan while preserving the quiet sophistication of a residential block. A rare offering that balances immediate cash flow with future appreciation potential, this Mott Haven three-family stands as a premier asset for the discerning investor. "Fully occupied. Strong returns. A turnkey opportunity not to be missed." Note: some pictures are virtually staged.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
78
BikeVery Bikeable

Schools

5/10
Ps 65 Mother Hale AcademyGrades PK-50.1 mi
4/10
Ps Is 224Grades 6-80.4 mi
1/10
Hero High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,148
  • Total interior livable area: 2,148 sqft

Property

Details

  • Parcel number: 025730037
  • Special condition: Resale

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
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Bronx County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $4,423$53,076
Home Insurance *$371$4,452
Property Taxes $568$6,816
Electricity $354$4,259
Total$5,716$68,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,977/yr
40% on housing$171,480/yr
45% on housing$152,426/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 3.3%
3.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$407This listing

vs Other Active Listings

Avg $/sqft

ZIP 10454$421
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10454$283
Bronx County$409

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

DateEventPrice
2026-04-13Price change$874,888
2026-01-20Price change$874,999
2025-11-24Listed for sale$910,000
2017-08-14Sold$530,000
2011-07-27Sold$232,316
2011-04-19Sold$373,776
2010-11-06Listed for sale$250,000
2008-10-16Sold$432,202
2004-07-02Sold$385,000

For Sale by Agent

AgentYat Chi Ng
BrokerageRemax Top Nest Real Estate

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