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1616 Pilgrim Avenue, Bronx, NY, 10461

7beds
3baths
3,450sqft
$1,428,666
$414price/sqft
$9,207/moest. monthly cost
$368,280/yrincome needed

About This Home

Located in the convenient, desirable community of Pelham Bay is 1616 Pilgrim Avenue! This legal 3-family is a large, fully detached brick home being sold with tenants. One 2-bedroom turnkey unit is ready for you! This property has a total of 3450 square feet of livable space perfect for new owners or for investors to generate some extra income, with 4 separate electric and gas meters allowing for an easy split of utilities. The top floor features a 3-bedroom, 1-bathroom layouts, currently occupied by an excellent tenant paying $2565/month. The lower two unit each contain 2 bedrooms and 1 bathroom, designed with the buyer's comfort in mind. One of these units is also occupied by reliable tenant paying $2565/month. The ground floor unit is prepared for move-in. Featuring high ceilings, marble counters, and stainless-steel appliances, this property is a rare opportunity. Each floor has a 23 by 50 feet layout, located on a large lot. The exterior consists of a spacious private driveway and 2 garage spaces, offering a hassle-free daily routine and giving buyers an extra outdoor space to enjoy the neighborhood. The property is located in a prime location for commuters, being only a short walk away from the 6 train and an easy drive over to major highways. Don't miss out on this chance for a new start at 1616 Pilgrim Avenue; book your private viewing today!

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
82
BikeVery Bikeable

Schools

7/10
Ps 71 Rose E ScalaGrades K-80.2 mi
3/10
6/10

Construction

Condition

  • Year built: 1940

Materials

  • Construction materials: Brick

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • First Floor Bedroom,First Floor Full Bath,High Ceilings,Marble Counters

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,450
  • Total interior livable area: 3,450 sqft

Property

Details

  • Parcel number: 041580010
  • Special condition: None

Lot

  • Lot size: 3,555 sqft

Parking

  • Total spaces: 4
  • Parking features: Detached,Driveway,Garage,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

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
  • 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 $7,224$86,688
Home Insurance *$485$5,820
Property Taxes $928$11,136
Electricity $570$6,841
Total$9,207$110,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$315,668/yr
40% on housing$276,210/yr
45% on housing$245,520/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

$414This listing

vs Other Active Listings

Avg $/sqft

ZIP 10461$448
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10461$473
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
2026-07-29Listed for sale$1,428,666
2023-02-13Sold$1,270,000
2022-12-22Pending sale$1,325,000
2022-09-11Listed for sale$1,325,000
2004-09-27Sold$550,000

For Sale by Agent

AgentAlex S. Huang
BrokerageHan Tang Realty Inc.

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