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1858 Phelan Place, Bronx, NY, 10453

10beds
6baths
3,852sqft
$1,349,000
$350price/sqft
$9,079/moest. monthly cost
$363,160/yrincome needed

About This Home

Welcome to 1858 Phelan Place in the Morris Heights section of The Bronx. One Great Investment Opportunity to own this Legal 2 Family Home, Solid brick fully detached with a above ground full finished walkout basement with tons of potential, 2 car garage with common driveway. 4 electric meters, 4 gas meters, rear fire escape already setup for an easier process for a conversion to 3 to 5 units. The first floor unit features 3 Bedrooms 1.5 Bath of gorgeous spacious living with high ceilings, beautiful natural hardwood floors, great natural sunlight, spacious renovated kitchen with custom cabinets, granite counter tops, renovated bathrooms, large bedrooms, tons of closet space, private access, The 2nd Floor unit offers 4 Bedrooms 1.5 Baths apartment of very spacious living, The walkout basement offers a above ground 2 Bedroom , 1 full bath, in addition a studio with a 1 full bath, also a finished attic space setup loft/studio with 1 full bath. Tons of great potential this property is offering. Conveniently located steps away from MTA subway lines #4, B, D, Metro north, multiple bus lines, shopping hubs, Fordham University, Bronx Community College, Monroe College, Lehman College, Minutes from Manhattan and major highways.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

7/10
Ps 226Grades PK-50.1 mi
6/10
Ms 390Grades 6-80.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Eat-in Kitchen,Entrance Foyer,Formal Dining,Granite Counters,High Ceilings,Natural Woodwork,Storage
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,852
  • Total interior livable area: 3,852 sqft

Property

Details

  • Parcel number: 028790187
  • Special condition: None

Lot

  • Lot size: 4,200 sqft

Parking

  • Total spaces: 3
  • Parking features: Garage,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

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

How This Home’s Risks Compare

Cold Wave
Heat Wave
Winter Weather
Strong Wind
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 $6,821$81,852
Home Insurance *$746$8,952
Property Taxes $876$10,512
Electricity $636$7,638
Total$9,079$108,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,280/yr
40% on housing$272,370/yr
45% on housing$242,106/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

$350This listing

vs Other Active Listings

Avg $/sqft

ZIP 10453$386
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10453$379
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
2026-07-31Price change$1,349,000
2026-06-29Pending sale$1,399,000
2026-06-29Price change$1,399,000
2026-06-17Listed for sale$1,349,000
2024-05-03Sold$244,055
2019-04-25Listing removed$1,700
2019-04-16Listed for rent$1,700
2017-10-03Listing removed$1,800
2017-09-27Listed for rent$1,800
2012-07-11Sold$344,000
2007-03-01Sold$583,000

For Sale by Agent

AgentHermi Aquino
BrokerageRE/MAX Distinguished Hms.&Prop

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