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1116 Grant Ave APT 1, Bronx, NY, 10456

13beds
5baths
5,832sqft
$2,500,000
$429price/sqft
$16,359/moest. monthly cost
$654,360/yrincome needed

About This Home

Ideally located near the Grand Concourse, 1116 Grant Avenue is a 5 family home that offers convenient access to the 4, B, and D subway lines, providing a seamless commute to Manhattan and driving strong rental demand. Surrounded by everyday conveniences, neighborhood parks, and cultural anchors such as The Bronx Museum of Arts and Yankee Stadium, the area continues to benefit from ongoing investment—making it an attractive opportunity for both end-users and long-term investors. This 27ft x 72 ft building with five residential units sits on a 3500 sf lot, offers 3 three-bedroom and 2 two bedroom units on three stories - all occupied with an income of $8000 per month with NO LEASES. 1116 Grant Ave presents a compelling opportunity to own a well-located, income-producing asset in a Bronx neighborhood experiencing continued growth and reinvestment. With strong transit access, and enduring brick construction, this five family property offers both immediate income potential and long-term upside for discerning investors or owner-occupants alike.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
80
BikeVery Bikeable

Schools

6/10
The Family SchoolGrades PK-50.1 mi
5/10

Construction

Condition

  • Year built: 1929

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 13
  • Bathrooms: 5
  • Full bathrooms: 5

Interior Area

  • Total structure area: 5,832
  • Total interior livable area: 5,832 sqft

Property

Details

  • Special condition: Resale

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

How This Home’s Risks Compare

Heat Wave
Cold 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 $12,641$151,692
Home Insurance *$1,130$13,560
Property Taxes $1,625$19,500
Electricity $963$11,565
Total$16,359$196,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$560,880/yr
40% on housing$490,770/yr
45% on housing$436,240/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

$429This listing

vs Other Active Listings

Avg $/sqft

ZIP 10456$380
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10456$429
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
2026-04-24Listed for sale$2,500,000

For Sale by Agent

AgentShawn Alexander
BrokerageLifestyle Realty

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