For Sale: Two-Family Home with Garage & Finished Basement – 3043 Bailey Ave, Bronx, NY 10463 3-Bedroom Unit Over 1-Bedroom Unit | Finished Basement |
Detached 2-Car Garage R6 Zoning
Ideal for Future Development Welcome to 3043 Bailey Avenue, a well-maintained two-family brick home in the desirable Kingsbridge section of the Bronx. This spacious and versatile property is perfect for owner-occupants, extended families, or investors looking for strong rental income and long-term potential.
Home Layout: First Floor: 1-bedroom apartment — ideal for in-laws, guests, or rental income Second Floor: 3-bedroom apartment — large living space with natural light and hardwood floors Finished Basement: Provides bonus space with separate entrance — perfect for storage, recreation, or potential conversion Detached 2-car garage with private driveway.
A rare find in the Bronx! Solid Investment with R6 Zoning: This property sits in an R6 zone, offering flexibility for future development. R6 zoning allows for medium-density residential construction — meaning a buyer can build upward or expand the footprint to add more units (subject to city approval). This makes it a great opportunity for developers or those planning for the future.
Prime Location: Steps from shopping, schools, and local eateries Minutes to the 1 train and major highways (I-87, Bronx River Pkwy) Close to Van Cortlandt Park, one of NYC’s largest parks Located in a quiet residential block with excellent rental demand This is a rare opportunity to own a spacious and income-producing two-family home with garage parking, a finished basement, and development potential in a fast-growing Bronx neighborhood.
Please use our platform to submit your offer. See the link below
Call today to schedule your private showing – this one won’t last!
Listed by Jonathan Paredes
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Locqube New York, Inc.
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347-657-1114
Last updated July 18, 2025
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Source: OneKey #890074
Listing Facts
TypeMulti-family
NeighborhoodKingsbridge Heights
Bedrooms3
Bathrooms1
Days on Prevu53
Taxes$6,288.64/year
Location
Mortgage Calculator
Listing History
07/16/2025
Listed by Locqube New York, Inc.
$1,100,000
Estimated Closing Costs
Total
$42,390
Attorney Fees
$4,000
NYC Mansion Tax
$11,000
Title Insurance
$4,950
Bank Attorney
$1,500
Mortgage Recording Tax
$16,940
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,100,000 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 3043 Bailey Avenue
Exterior
Construction
Number Of Units Total: 2
Year Built: 1920
Measurements
Building Area Total: 1,892
Building Area Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3,079
Financial
Taxes
Parcel Number: 03266-0134
Tax Annual Amount: $6,288.64
Tax Assessed Value: $48,600.00
Tax Year: 2024
Interior
Features
Interior Features: Master Downstairs
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 3
Parking
Parking
Garage Spaces: 2
Garage: Yes
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Natural Gas Connected
Water Source: Public
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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.