1392 Commonwealth Avenue, Bronx, NY, 10472
About This Home
Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity. The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike. In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use. All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential. With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.
Getting Around
Walker's Paradise
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Other
Heating & Cooling
- Heating features: Baseboard,Oil,Other
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Details
- Parcel number: 038750040
- Attached to another structure: Yes
- Special condition: None
Lot
- Lot size: 1,649 sqft
Parking
- Parking features: On Street
- 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
- Heat 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 | $5,557 | $66,684 |
| Home Insurance * | $406 | $4,872 |
| Property Taxes | $714 | $8,568 |
| Electricity | $317 | $3,807 |
| Total | $6,994 | $83,928 |
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 |
|---|---|---|
| 2026-05-07 | Listed for sale | $1,099,000 |
| 2024-03-26 | Listing removed | -- |
| 2023-11-06 | Price change | $975,000 |
| 2023-08-30 | Price change | $980,000 |
| 2023-04-07 | Listed for sale | $999,000 |
| 2023-03-27 | Listing removed | -- |
| 2022-09-27 | Price change | $1,050,000 |
| 2022-08-26 | Listed for sale | $1,099,000 |
| 2021-11-01 | Listing removed | -- |
| 2021-06-16 | Price change | $945,000 |
| 2019-10-25 | Listed for sale | $950,000 |
| 2017-08-24 | Listing removed | $899,999 |
| 2017-04-20 | Price change | $899,999 |
| 2017-02-17 | Listed for sale | $900,000 |
| 2016-12-16 | Listing removed | $900,000 |
| 2016-10-20 | Listed for sale | $900,000 |
| 2016-08-30 | Listing removed | $900,000 |
| 2016-08-24 | Listed for sale | $900,000 |
| 2016-05-30 | Listing removed | $750,000 |
| 2015-05-28 | Listed for sale | $750,000 |
| 2014-06-17 | Listing removed | $695,000 |
| 2013-05-18 | Listed for sale | $695,000 |
| 2005-01-14 | Sold | $500,000 |
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