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1311 Balcom Avenue, Bronx, NY, 10461

7beds
2baths
2,880sqft
$1,050,000
$365price/sqft
$6,822/moest. monthly cost
$272,880/yrincome needed

About This Home

Spacious and versatile 2 family property featuring 4 bedrooms over 3 bedrooms over full finished basement. 3 electric meters and 3 gas meters with endless possibilities! Whether you’re looking for a prime investment opportunity or a place to call home while generating rental income, this property delivers flexibility and value. Don't wait to schedule your showing! The second-floor unit is currently tenant-occupied, and photographs of that unit are not included in the listing out of respect for the tenant’s privacy. Some photographs have been virtually staged to help illustrate potential furniture placement and ideas. House can be delivered Vacant.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

7/10
Ps 71 Rose E ScalaGrades K-80.8 mi
3/10
6/10

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Frame

Type & Style

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

Interior

Basement

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

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Eat-in Kitchen

Heating & Cooling

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

Interior Area

  • Total structure area: 2,880
  • Total interior livable area: 2,880 sqft

Property

Details

  • Parcel number: 053470057
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 1,808 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

  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
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 $5,309$63,708
Home Insurance *$356$4,272
Property Taxes $682$8,184
Electricity $475$5,711
Total$6,822$81,864
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,897/yr
40% on housing$204,660/yr
45% on housing$181,920/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

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 10461$449
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
2026-08-14Price change$995,000
2026-05-28Price change$1,050,000
2026-05-10Listed for sale$1,100,000
2022-01-12Sold$770,000
2015-04-23Listing removed$400,000
2015-04-23Listed for sale$400,000
2015-04-22Sold$420,000
2014-12-24Sold$412,000
2014-12-03Pending sale$400,000
2014-12-03Listed for sale$400,000
2014-08-14Sold$400,000
2014-07-25Listed for sale$400,000
2014-06-06Listing removed$1,650
2014-05-21Listed for rent$1,650
2007-12-08Listing removed$1,500
2007-11-16Listed for sale$1,500

For Sale by Agent

AgentKulsoom Akhtar
BrokerageKey Nest Real Estate, Inc.

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