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2865 Grace Ave, Bronx, NY, 10469

8beds
5baths
0sqft
$1,150,000
--price/sqft
$7,235/moest. monthly cost
$289,400/yrincome needed

About This Home

Built in 2006, this well-maintained semi-detached two-family property is located in the Baychester neighborhood of the Bronx. The home is a spacious 20 x 52 ft on a 30.5 x 101.62 ft lot, complete with your own backyard and alley in the back. The two upper floor units are both 3 bedrooms and 2 bathrooms, each currently renting for $3,400/month. Utilities are separate, keeping expenses low for the owner. A newly constructed 2-bedroom ADU on the 1st floor will be completed and ready at closing, bringing the total to three income-producing units. Young construction means modern building systems and minimal maintenance concerns. A solid, income-generating property with strong current rents and immediate additional income potential.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
Ps 97Grades PK-50.8 mi
7/10
Jhs 144 MichelangeloGrades 6-80.4 mi
3/10

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Masonry - Brick,Brick Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Finished area above ground: 0

Heating

  • Heating features: Has Heating (Unspecified Type)

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Open

Property

Details

  • Parcel number: 047990107
  • Lease amount: 0

Features

  • Stories: 3
  • Frontage length: 0

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

How This Home’s Risks Compare

Cold Wave
Heat 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 $5,815$69,780
Home Insurance *$427$5,124
Property Taxes $747$8,964
Electricity $246$2,954
Total$7,235$86,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$248,057/yr
40% on housing$217,050/yr
45% on housing$192,933/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 10469$414
Bronx County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 10469$415
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
2026-06-12Listed for sale$1,150,000
2019-04-29Sold$875,000
2018-01-02Listing removed$575,000
2017-05-11Listed for sale$575,000
2017-01-26Listing removed$499,000
2016-08-22Pending sale$499,000
2016-08-19Listed for sale$499,000
2016-06-03Pending sale$499,000
2016-06-03Listed for sale$499,000
2016-04-18Listing removed$499,000
2016-03-22Listed for sale$499,000
2015-03-01Listing removed$599,900
2014-11-01Price change$599,900
2014-09-05Listed for sale$635,000

For Sale by Agent

AgentAvraham Birnbaum
BrokerageTWELVE STONES REALTY

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