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1305 Balcom AvenueBronx, NY 10461

For Sale

$1,345,000

Smart Buyer Rebate $16,813

Prime block construction with brick veneer, multi-family investment opportunity in the highly desirable Pelham Bay section of the Bronx!

This turnkey, income-producing property is ideal for investors seeking strong cash flow or owner-occupants looking to live in one unit while generating rental income.

The property features three well-maintained units:

Top Floor: Spacious 3-bedroom, 2-bathroom unit with an open floor plan, hardwood floors, large living area, and private balcony, cathedral ceilings.

Second Floor: Bright 3-bedroom, 2-bathroom unit with open layout and private balcony and rear deck to access the back yard

First Floor: Studio layout, perfect for additional rental income

Additional highlights include:

Solid all-block construction with brick veneer front

Three separate gas boilers

Four hot water heaters

Tenants pay all utilities

Strong income potential

Conveniently located near shopping, dining, and retail along East Tremont Avenue, with easy access to major highways and public transportation.

This is a rare opportunity to own a low-maintenance, high-performing asset in one of the Bronx’s most sought-after neighborhoods. can be sold as a package deal

Listed by Joseph Cosentino

·

Morris Park Realty Group

·

718-881-1923

Last updated May 07, 2026

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Source: OneKey #980075

Listing Facts

  • TypeMulti-family
  • NeighborhoodSchuylerville
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu70
  • Taxes$9,774.66/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/20/2026
Price Decreased
$1,345,000
04/07/2026
Status changed to Active
$1,395,000
04/07/2026
Listed by Morris Park Realty Group
$1,395,000

Estimated Closing Costs

Total
$49,716
Attorney Fees
$4,000
NYC Mansion Tax
$13,450
Title Insurance
$6,053
Bank Attorney
$1,500
Mortgage Recording Tax
$20,713
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,345,000 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 1305 Balcom Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Year Built: 1999
  • Architectural Style: Colonial
  • Construction Materials: Block, Brick, Vinyl Siding

Measurements

  • Building Area Total: 3,412
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Square Feet: 2,495

Financial

Residential Income

  • Cap Rate: 6.0
  • Gross Income: $93,252.00
  • Operating Expense: $16,398.62

Taxes

  • Parcel Number: 05347-0158
  • Tax Annual Amount: $9,774.66
  • Tax Assessed Value: $60,840.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Hardwood
  • Interior Features: Entrance Foyer

Rooms

  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • 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 6 bedrooms and 5 bathrooms in this multi-family home at 1305 Balcom Avenue.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 1305 Balcom Avenue.

What are the annual taxes for 1305 Balcom Avenue?

Annual taxes for this multi-family home are estimated at $9,774.

How does 1305 Balcom Avenue compare to other multi-family homes in Schuylerville?

This multi-family home is listed 8% above the average price for multi-family homes in Schuylerville and has been on the market for 9 more days than the typical home in this area.

1305 Balcom Avenue is a 6-bedroom, 5-bath multi-family home for sale in Bronx NY 10461. Available on Prevu for 70 days at $1,345,000. This includes a recent price decrease of $50,000. This property is located in Schuylerville. The median listing price for multi-family homes in this area is $1,129,999. Additional amenities include parking. View other 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 2026, 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.