Discover a rare double-lot opportunity in one of the Bronx’s fastest-evolving neighborhoods, 1831 Paulding Avenue, Morris Park. This two-family residence includes an adjoining 25x100 lot, offering flexibility for parking, outdoor use, or potential future development (subject to zoning and DOB approval). The property features a 2-bedroom/1-bath unit on the main floor and a 1-bedroom/1-bath unit above, each with separate utilities — 2 electric meters and 2 gas meters — keeping operating costs minimal. The landlord pays only water and property taxes, ensuring strong cash flow potential from day one. Driveway + bonus lot accommodate up to 4+ vehicles, a rare find in the Bronx. Future Growth Potential: Morris Park is poised for major transformation, anchored by the upcoming Morris Park Metro-North Station — part of the $500 million East Bronx Transit Access and Rezoning Initiative projected to deliver 7,000+ new housing units and major infrastructure investment. Located near Jacobi Medical Center, Albert Einstein College of Medicine, and major highways, this property sits at the intersection of stability and future opportunity. Whether you’re an investor seeking cash flow, a contractor eyeing redevelopment, or a long-term holder anticipating area growth, 1831 Paulding Avenue offers a rare blend of income, land, and upside. Sold As-Is | Cash Buyers Only, Can be delivered vacant. All information subject to verification by purchaser, architect, and DOB. Call listing agent for a showing now!
Listed by Jonny Lezi
·
Houlihan Lawrence Inc.
·
914-636-6700
Last updated May 26, 2026
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Source: OneKey #930317
Listing Facts
TypeMulti-family
NeighborhoodMorris Park
Bedrooms3
Bathrooms2
Days on Prevu228
Taxes$6,962.28/year
Amenities
Parking
Fitness Center
Location
Mortgage Calculator
Listing History
05/26/2026
Price Decreased
$945,000
04/13/2026
Status changed to Active
$975,000
04/02/2026
Status changed to Expired
$975,000
03/20/2026
Price Decreased
$975,000
02/04/2026
Status changed to Active
$1,075,000
12/30/2025
Status changed to Temporarily Off Market
$1,075,000
11/26/2025
Price Decreased
$1,075,000
10/30/2025
Listed by Houlihan Lawrence Inc.
$1,100,000
Estimated Closing Costs
Total
$28,306
Attorney Fees
$4,000
Title Insurance
$4,253
Bank Attorney
$1,500
Mortgage Recording Tax
$14,553
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $945,000 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 1831 Paulding Avenue
Association
Amenities
Community Features: Fitness Center, Other, Park, Playground, Sidewalks
Exterior
Construction
Number Of Units Total: 2
Window Features: Insulated Windows
Year Built: 1920
Construction Materials: Other, Stucco, Vinyl Siding
Features
Fencing: Back Yard, Fenced
Measurements
Building Area Total: 1,454
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,500
Financial
Taxes
Parcel Number: 04127-0023
Tax Annual Amount: $6,962.28
Tax Assessed Value: $42,240.00
Tax Year: 2024
Interior
Features
Interior Features: Eat-in Kitchen, Open Floorplan, Storage
Rooms
Basement: Unfinished
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Parking
Parking
Parking Features: Driveway
Parking Total: 3
Schools
Elementary School
Elementary School District: Contact Agent
High School
High School District: Contact Agent
Middle or Junior School
Middle Or Junior School District: Contact Agent
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Separate Meters, Steam
Laundry Features: Common Area
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 3 bedrooms and 2 bathrooms in this multi-family home at 1831 Paulding Avenue.
Does this multi-family home have parking?
Yes, there are 3 parking spaces available for 1831 Paulding Avenue.
What are the annual taxes for 1831 Paulding Avenue?
Annual taxes for this multi-family home are estimated at $6,962.
How does 1831 Paulding Avenue compare to other multi-family homes in Morris Park?
This multi-family home is listed 19% below the average price for multi-family homes in Morris Park and has been on the market for 185 more days than the typical home in this area.
1831 Paulding Avenue is a 3-bedroom, 2-bath multi-family home for sale in Bronx NY 10462. On Prevu for 228 days at $945,000. This includes a recent price decrease of $30,000. This property is located in Morris Park. The median listing price for multi-family homes in this area is $1,050,000. Additional amenities include fitness center and parking. Browse more multi-family home listings in Bronx.
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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.