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
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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
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