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1871 Matthews Avenue, Bronx, NY, 10462

5beds
2baths
3,924sqft
$1,395,000
$356price/sqft
$9,120/moest. monthly cost
$364,800/yrincome needed

About This Home

First time offered in almost 50 years. This beautifully maintained two-family home is the perfect opportunity for both homeowners and investors alike. Featuring spacious layouts, this property offers plenty of room for a growing family while also providing potential for additional rental income. Each unit is thoughtfully designed with comfort and functionality in mind, creating a warm and inviting atmosphere. Situated on a generous lot of 25x100 with an additional lot of 25x100 (#1869)for future expansion or development. Move in ready, this home combines charm,space and versatility all in one exceptional package.

Getting Around

78
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

5/10
P.S. 83 Donald HertzGrades K-80.2 mi

Construction

Condition

  • Year built: 1901

Materials

  • Foundation: Other
  • Construction materials: Other,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • First Floor Bedroom,First Floor Full Bath
  • Flooring: Wood

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,924
  • Total interior livable area: 3,924 sqft

Property

Details

  • Parcel number: 040540052
  • Special condition: None

Lot

  • Lot size: 2,500 sqft

Parking

  • Parking features: Attached

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

How This Home’s Risks Compare

Cold Wave
Heat 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 $7,053$84,636
Home Insurance *$513$6,156
Property Taxes $906$10,872
Electricity $648$7,781
Total$9,120$109,440
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$312,685/yr
40% on housing$273,600/yr
45% on housing$243,200/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

$356This listing

vs Other Active Listings

Avg $/sqft

ZIP 10462$328
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10462$521
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
2026-05-05Listed for sale$1,499,999

For Sale by Agent

AgentTereza Barry
BrokerageColdwell Banker Realty

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