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1241 College AvenueBronx, NY 10456

For Sale

$795,000

Smart Buyer Rebate $7,375

Welcome to 1241 College Ave, Bronx, NY 10456 — an exceptional investment opportunity offering strong income potential. This solid brick property currently features 2-family with a full, unfinished basement and can be converted to 3 residential units and a ground-floor storefront. The building includes two spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, all with comfortable layouts and great rental appeal. This property offers impressive returns and reliable cash flow. Whether you’re an investor looking for a high-yield opportunity or a buyer interested in living in one unit while your tenants cover most of the mortgage, 1241 College Ave offers flexibility and long-term value. Conveniently located near major transportation, schools, shopping, and local amenities, this property provides both convenience and potential in one of the Bronx’s most active neighborhoods. Don’t miss your chance to own this income-generating property in a prime Bronx location. Reach out to Emran Bhuiyan at Emran Estates Realty for more details or to schedule a private showing.

Listed by Emran H. Bhuiyan

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Emran Estates Realty

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347-261-7671

Last updated December 30, 2025

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Source: OneKey #945225

Listing Facts

  • TypeMulti-family
  • NeighborhoodConcourse
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu39
  • Taxes$3,374.28/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/22/2025
Status changed to Active
$795,000
12/22/2025
Listed by Emran Estates Realty
$795,000

Estimated Closing Costs

Total
$25,321
Attorney Fees
$4,000
Title Insurance
$3,578
Bank Attorney
$1,500
Mortgage Recording Tax
$12,243
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $795,000 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 1241 College Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1905
  • Construction Materials: Brick

Measurements

  • Building Area Total: 2,492
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,700

Financial

Taxes

  • Parcel Number: 02439-0068
  • Tax Annual Amount: $3,374.28
  • Tax Assessed Value: $52,980.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: First Floor Bedroom, First Floor Full Bath

Rooms

  • Basement: Full, Partially Finished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5

Parking

Parking

  • Parking Features: Off Street

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 4 bathrooms in this multi-family home at 1241 College Avenue.

What are the annual taxes for 1241 College Avenue?

Annual taxes for this multi-family home are estimated at $3,374.

How does 1241 College Avenue compare to other multi-family homes in Concourse?

This multi-family home is listed 29% below the average price for multi-family homes in Concourse and has been on the market for 126 less days than the typical home in this area.

1241 College Avenue is a 5-bedroom, 4-bath multi-family home for sale in Bronx NY 10456. Listed on Prevu for 39 days at $795,000. This residence is located in Concourse. The median listing price for multi-family homes in this area is $849,000. The home offers parking. Explore more multi-family home listings in Bronx.

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.