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1371 Prospect AvenueBronx, NY 10459

For Sale

$1,150,000

Smart Buyer Rebate $14,375

Fully renovated and income-producing, this three-unit mixed-use property generates over $8,300 per month and features two spacious 3-bedroom apartments above a commercial space leased as a nail salon. With ultra-low annual taxes (˜$77) and solar panels for energy efficiency, operating costs stay minimal. Prime BX17 location near Crotona Park with great transit access. Additionally, an investor’s delight—one of the three units is leased below market, so call now to learn which one and unlock built-in rent-growth potential!

Listed by Tano Holmes

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Century 21 Milestone Team Rlty

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718-291-7000

Listed by Victor Banks SFR

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Century 21 Milestone Team Rlty

Last updated October 21, 2025

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Source: OneKey #924365

Listing Facts

  • TypeMulti-family
  • NeighborhoodMorrisania
  • Bedrooms7
  • Bathrooms3
  • Days on Prevu9
  • Taxes$6,000/year

Location

Mortgage Calculator

Listing History

10/14/2025
Listed by Century 21 Milestone Team Rlty
$1,150,000

Estimated Closing Costs

Total
$43,885
Attorney Fees
$4,000
NYC Mansion Tax
$11,500
Title Insurance
$5,175
Bank Attorney
$1,500
Mortgage Recording Tax
$17,710
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $1,150,000 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 1371 Prospect Avenue

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Property Condition: Fixer
  • Year Built: 1901
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,458
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,380

Financial

Taxes

  • Parcel Number: 02968-0048
  • Tax Annual Amount: $6,000.00
  • Tax Assessed Value: $40,260.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Other
  • Interior Features: Other

Rooms

  • Basement: See Remarks
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7

Schools

Elementary School

  • Elementary School: Ps 25 Bilingual School
  • Elementary School District: Bronx 7

High School

  • High School: Mott Haven Community High School
  • High School District: Bronx 7

Middle or Junior School

  • Middle Or Junior School: Academy Of Applied Math And Tech
  • Middle Or Junior School District: Bronx 7

Utilities

Equipment

  • Cooling: Multi Units
  • Heating: Natural Gas, Other
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • 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.