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1214 Pelham Parkway SBronx, NY 10461

For Sale

$1,299,000

Smart Buyer Rebate $16,238

Bronx Living at its best. An exceptional investment opportunity in the heart of the Bronx. This Legal 3 family detached mixed-use property sits on a generous 39x100 ft lot and offers strong stable rental income with long-term upside. It offers (3) residential units: Two spacious 2-bedroom Apartment, The garden floor units is currently vacant for potential owner occupancy Plus Studio Apt. Street Level Commercial Space currently leased to a well-stablished medical group, Providing reliable cash flow. Positioned on the high-visibility corridor of Pelham Parkway South, this property is ideal for both investor and end users seeking to live and earn. Close to major transportation, shops, Botanical Garden, Bronx Zoo and essential services. Zoning : R4A- Low density residential zoning: The current mix-use configuration is grandfathered in. Buyers should consult an architect or the NYC DOB for any future development or expansion possibilities.

Listed by Ramon Gonzalez

·

In Motion Realty Group Inc.

·

718-684-1260

Last updated October 21, 2025

·

Source: OneKey #844740

Listing Facts

  • TypeMulti-family
  • NeighborhoodPelham Parkway
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu201
  • Taxes$23,920.48/year

Location

Mortgage Calculator

Listing History

10/21/2025
Price Decreased
$1,299,000
09/10/2025
Price Decreased
$1,325,000
09/10/2025
Status changed to Active
$13,250,000
09/10/2025
Price Increased
$13,250,000
07/08/2025
Status changed to Removed from Feed
$1,500,000
06/11/2025
Status changed to Temporarily Off Market
$1,500,000
04/04/2025
Listed by In Motion Realty Group Inc.
$1,500,000

Estimated Closing Costs

Total
$48,340
Attorney Fees
$4,000
NYC Mansion Tax
$12,990
Title Insurance
$5,846
Bank Attorney
$1,500
Mortgage Recording Tax
$20,004
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,299,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 1214 Pelham Parkway S

Exterior

Construction

  • Number Of Units Total: 4
  • Year Built: 1949
  • Construction Materials: Brick

Measurements

  • Building Area Total: 3,892
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6,250

Financial

Taxes

  • Parcel Number: 04314-0025
  • Tax Annual Amount: $23,920.48
  • Tax Assessed Value: $341,280.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Full Bath

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.