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1162 Edison Avenue, Bronx, NY, 10461

8beds
6baths
4,800sqft
$1,699,000
$354price/sqft
$11,064/moest. monthly cost
$442,560/yrincome needed

About This Home

Welcome to 1162 Edison Avenue, a rare opportunity to own a well-maintained multifamily property in the highly desirable Pelham Bay section of the Bronx. Perfect for owner-occupants, investors, or multigenerational living, this oversized property offers spacious apartments, strong income potential, and exceptional amenities. The top-floor residence features a fully updated 3-bedroom, 2-bath layout with soaring ceilings, hardwood floors throughout, central air conditioning and heating, and both front and rear private balconies. The second-floor apartment offers a generous 3-bedroom, 2-bath floor plan with hardwood floors and front and rear balconies. The first-floor unit consists of a spacious 2-bedroom, 2-bath apartment with hardwood flooring throughout. Additional highlights include four separate gas boilers, four hot water heaters, coin-operated laundry facilities, and excellent building systems. The property also offers ample outdoor space and is conveniently located near shopping, restaurants, schools, parks, major highways, and public transportation, making commuting throughout New York City a breeze. Whether you’re looking for a primary residence with rental income or a solid investment property in one of the Bronx’s most sought-after neighborhoods, 1162 Edison Avenue is an opportunity not to be missed.

Getting Around

87
WalkingVery Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

6/10
6/10
3/10

Construction

Condition

  • Year built: 1998

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Eat-in Kitchen,Entrance Foyer,Open Floorplan,Open Kitchen,Primary Bathroom,Storage
  • Flooring: Ceramic Tile,Hardwood

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Natural Gas
  • Cooling features: Central Air,Wall/Window Unit(s)

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 4,800 sqft

Property

Details

  • Parcel number: 053120044
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 4,938 sqft

Parking

  • Total spaces: 1
  • Parking features: Driveway
  • 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

  • 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 $8,591$103,092
Home Insurance *$576$6,912
Property Taxes $1,104$13,248
Electricity $793$9,518
Total$11,064$132,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$379,337/yr
40% on housing$331,920/yr
45% on housing$295,040/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

$354This 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
2026-06-02Listed for sale$1,699,000
2000-03-07Sold$450,000

For Sale by Agent

AgentJoseph Cosentino
BrokerageMorris Park Realty Group

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