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1237 Leland Avenue MultiBronx, NY 10472

For Sale

$999,000

Smart Buyer Rebate $12,475

Investment Opportunity: 3-Family Home with Adjoining Lot in the Bronx. All Cash Only.

1327 Leland Ave presents a rare investment opportunity in the Bronx. This vacant home sits on a generous lot with an adjoining empty parcel, offering exceptional potential for redevelopment or expansion. The property is in need of a full gut renovation, making it ideal for investors, developers, or buyers looking to create a custom multi-family residence.

Home is currently set up as a 2 family and an equally sized empty lot, the possibilities are endless—whether building modern rental units, a single-family estate, or a combination of both. Conveniently located near local transportation, shopping, and dining options, this property offers both accessibility and upside potential in a vibrant Bronx neighborhood. Total frontage of 50 feet or 25 feet per lot.

Don't miss your chance to turn this diamond in the rough into a premier investment property.

Listed by Thomas Rainey

·

Bizzarro Agency LLC

·

(917) 856-6015

Last updated October 16, 2025

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Source: REBNY #RLS20055048

Listing Facts

  • TypeMulti-family
  • NeighborhoodSoundview-Bruckner
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu6
  • Taxes$6,552/year

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/16/2025
Listed by Bizzarro Agency LLC
$999,000

Estimated Closing Costs

Total
$29,380
Attorney Fees
$4,000
Title Insurance
$4,496
Bank Attorney
$1,500
Mortgage Recording Tax
$15,384
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $999,000 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 1237 Leland Avenue Multi

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Exterior

Construction

  • Number Of Units Total: 2
  • Stories Total: 1
  • Structure Type: Multi Family
  • Year Built: 1955

Measurements

  • Building Area Total: 2,500
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,800
  • Lot Size Dimensions: 25,100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 03766-0063
  • Tax Annual Amount: $6,552.00

Interior

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 10

Other

Location

  • City Region: Bronx
  • Subdivision Name: Soundview
  • Tax Block: 03766
  • Tax Lot: 0063

Parking

Parking

  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Total: 3

Utilities

Equipment

  • Laundry Features: In Basement

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., 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.