946 Gerard Ave #1, Bronx, NY, 10452
About This Home
Discover a rare single-family home in NYC—an exceptional alternative to cooperative living and an incredible opportunity for both end users and developers. Enjoy unmatched privacy with no upstairs or downstairs neighbors, plus the freedom of true homeownership without monthly co-op maintenance fees. A private backyard offers a sought-after city luxury, perfect for pets, gardening, or outdoor relaxation. For savvy investors and builders, this property delivers tremendous upside. Positioned on an R8-zoned lot and delivered completely vacant, the site presents a prime canvas for redevelopment, expansion, or a ground-up project, allowing you to capitalize on the neighborhood’s continued growth and strong demand. Whether you're looking to create additional units, a modern multi-family building, or a long-term hold with increased density, this zoning unlocks significant value. For everyday buyers, this home offers affordability that often beats the cost of renting a comparable apartment—bringing attainable ownership within reach. Located steps from transportation, highways, shopping, parks, and local amenities, convenience is second to none. Roll out of bed and directly into the 161 St–Grand Concourse subway station, served by the B, D, and 4 trains, providing seamless access to Manhattan and beyond.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1945
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 960
- Total interior livable area: 960 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Other
- Exterior features: Garden
- Has view: Yes
- View description: City,Garden
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
- Heat Wave
- Cold Wave
- Winter Weather
- Inland Flooding
- Strong Wind
- 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 | $3,033 | $36,396 |
| Home Insurance * | $352 | $4,224 |
| Property Taxes | $389 | $4,668 |
| Electricity | $246 | $2,954 |
| Total | $4,020 | $48,240 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-03 | Price change | $649,999 |
| 2025-12-01 | Price change | $665,000 |
| 2025-04-29 | Price change | $679,999 |
| 2025-03-18 | Listed for sale | $699,999 |
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