




288 Cypress Ave, Bronx, NY, 10454
About This Home
HIGHEST AND BEST DUE END OF DAY 8/10. DELIVERED FULLY VACANT! Welcome to 288 Cypress Avenue, a legal two-family home built in 2000 offering approximately 2,280 square feet of move-in-ready living space in the desirable Mott Haven section of the Bronx. Whether you're looking to house hack, generate rental income, accommodate extended family, or expand your investment portfolio, this versatile property offers exceptional flexibility from day one. The first-floor residence features 2 bedrooms and 1 full bath, while the upper residence offers a spacious 3-bedroom, 1.5-bath duplex with hardwood floors and carpet, a formal living room, a formal dining room, and a recently updated kitchen; perfect for everyday living and entertaining. Additional highlights include private parking, backyard access, separate gas and electric meters for each unit's cooking gas and electricity, annual property taxes under $6,000, a furnace replaced approximately 3 years ago, a hot water heater replaced approximately 4 years ago, and the majority of windows replaced approximately 15 years ago. Eligible for conventional financing and, if financing guidelines permit, FHA and other loan programs, including homebuyer grants. Conveniently located near the Cypress Avenue 6 train station, St. Mary's Park, shopping, restaurants, schools, and the Bruckner Expressway, offering easy access throughout the Bronx and into Manhattan. A rare opportunity to own a fully vacant, newer-construction multifamily home ready for immediate occupancy or leasing at current market rents. All information is deemed reliable but not guaranteed. Buyers are encouraged to independently verify all information, including financing eligibility, with their lender and representatives during the due diligence period.
Getting Around
Schools
Construction
Condition
- Year built: 2000
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Washer/Dryer
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 2,812
- Total interior livable area: 2,812 sqft
Property
Details
- Parcel number: 025680006
- Special condition: Resale
Features
- Patio & porch: Other,Terrace
- Exterior features: Courtyard,Terrace
- Has view: Yes
- View description: City
Parking
- Parking features: Garage
- Has garage: 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
- Heat Wave
- Strong Wind
- Winter Weather
- 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 | $4,545 | $54,540 |
| Home Insurance * | $381 | $4,572 |
| Property Taxes | $584 | $7,008 |
| Electricity | $464 | $5,576 |
| Total | $5,974 | $71,688 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $899,000 |
