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1831 Paulding Avenue, Bronx, NY, 10462

3beds
2baths
1,454sqft
$899,000
$618price/sqft
$5,706/moest. monthly cost
$228,240/yrincome needed

About This Home

Discover a rare double-lot opportunity in one of the Bronx’s fastest-evolving neighborhoods, 1831 Paulding Avenue, Morris Park. This two-family residence includes an adjoining 25x100 lot, offering flexibility for parking, outdoor use, or potential future development (subject to zoning and DOB approval). The property features a 2-bedroom/1-bath unit on the main floor and a 1-bedroom/1-bath unit above, each with separate utilities — 2 electric meters and 2 gas meters — keeping operating costs minimal. The landlord pays only water and property taxes, ensuring strong cash flow potential from day one. Driveway + bonus lot accommodate up to 4+ vehicles, a rare find in the Bronx. Future Growth Potential: Morris Park is poised for major transformation, anchored by the upcoming Morris Park Metro-North Station — part of the $500 million East Bronx Transit Access and Rezoning Initiative projected to deliver 7,000+ new housing units and major infrastructure investment. Located near Jacobi Medical Center, Albert Einstein College of Medicine, and major highways, this property sits at the intersection of stability and future opportunity. Whether you’re an investor seeking cash flow, a contractor eyeing redevelopment, or a long-term holder anticipating area growth, 1831 Paulding Avenue offers a rare blend of income, land, and upside. Sold As-Is | Cash Buyers Only, Can be delivered vacant. All information subject to verification by purchaser, architect, and DOB. Call listing agent for a showing now!

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

5/10
P.S. 83 Donald HertzGrades K-80.1 mi

Construction

Condition

  • Year built: 1920

Materials

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

Type & Style

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

Interior

Appliances

  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen,Open Floorplan,Storage
  • Window features: Insulated Windows

Heating & Cooling

  • Heating features: Steam
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,454
  • Total interior livable area: 1,454 sqft

Property

Details

  • Parcel number: 041270023
  • Special condition: None

Features

  • Fencing: Back Yard,Fenced

Lot

  • Lot size: 2,500 sqft

Parking

  • Total spaces: 3
  • 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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $4,545$54,540
Home Insurance *$331$3,972
Property Taxes $584$7,008
Electricity $246$2,954
Total$5,706$68,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$195,634/yr
40% on housing$171,180/yr
45% on housing$152,160/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

$618This listing

vs Other Active Listings

Avg $/sqft

ZIP 10462$325
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
2026-04-13Listed for sale$975,000
2026-04-02Listing removed$975,000
2026-03-20Price change$975,000
2026-02-04Listed for sale$1,075,000
2025-12-30Listing removed$1,075,000
2025-11-26Price change$1,075,000
2025-10-30Listed for sale$1,100,000
2018-07-20Listing removed$1,800
2018-06-18Listed for rent$1,800

For Sale by Agent

AgentJonny Lezi
BrokerageHoulihan Lawrence Inc.

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