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1316 Clay AvenueBronx, NY 10456

For Sale

$700,000

Smart Buyer Rebate $5,000

Presenting a unique opportunity, this property, currently offered as a short sale, beckons you to envision its untapped potential. Although there is no direct interior access at the moment, this two-family residence provides a canvas for your creativity. Seize the chance to reimagine and unlock the hidden value within.

The property comprises two distinct units. The second floor features 3 bedrooms, a living room, an eat-in kitchen, and a bathroom. On the first floor, you'll find 4 bedrooms, a living room, a kitchen, and a bathroom. The full finished basement, equipped with front and back doors, adds an extra dimension to the living space.

While the current rents fall below market rates, the listed rents are projections aligned with the current market conditions. This short sale is being offered "AS IS" and is subject to third-party approval. Don't miss the opportunity to transform this property into your ideal investment or living space.

Listed by Janet Bingham

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Keller Williams Realty Group

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914-713-3270

Last updated October 21, 2025

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Source: OneKey #H6285171

Listing Facts

  • TypeMulti-family
  • NeighborhoodConcourse
  • Days on Prevu638
  • Taxes$3,187/year

Location

Mortgage Calculator

Listing History

10/21/2025
Status changed to Active
$700,000
10/21/2025
Price Increased
$700,000
09/05/2024
Status changed to Removed from Feed
$600,000
08/04/2024
Status changed to Temporarily Off Market
$600,000
01/23/2024
Listed by Keller Williams Realty Group
$600,000

Estimated Closing Costs

Total
$23,430
Attorney Fees
$4,000
Title Insurance
$3,150
Bank Attorney
$1,500
Mortgage Recording Tax
$10,780
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $700,000 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 1316 Clay Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1910

Measurements

  • Building Area Total: 2,382
  • Lot Size Acres: 0.03
  • Lot Size Area: 0
  • Lot Size Square Feet: 1,520

Financial

Taxes

  • Parcel Number: 02887-0007
  • Tax Annual Amount: $3,187.00
  • Tax Assessed Value: $736,000.00
  • Tax Year: 2023

Schools

Elementary School

  • Elementary School District: Bronx

High School

  • High School District: Bronx

Middle or Junior School

  • Middle Or Junior School District: Bronx

Utilities

Equipment

  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • 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.