Exceptional Investment Opportunity – Three-Family Brick Home in Grand Concourse Village Introducing a rare find in the heart of Grand Concourse Village: a solidly built, three-family brick residence featuring three spacious 3-bedroom, 1-bathroom apartments, one on each floor (total of 9 bedrooms, 3 bathrooms) plus a semi-finished basement with high ceilings. Constructed in 2006, this newer construction property offers modern layouts, generous living spaces, and excellent natural light throughout, fully renovated and in mint condition. Each unit boasts a full bathroom, well-proportioned bedrooms, and open-concept living and dining areas—ideal for end users or investors seeking strong rental income potential. Located in a desirable R7-1 zoning district, the property includes existing air rights, offering future development or expansion possibilities (verify with an architect or DOB). Whether you're a savvy investor or an owner-occupant looking for income-producing space, this property offers tremendous value and long-term upside in a rapidly developing neighborhood. Key Features: • Three-family brick construction (built in 2006) • In mint condition, move-in ready • 3BR/1BA units on each floor (total of 9 bedrooms, 3 bathrooms) • Semi-finished basement with high ceilings • Separate utilities • Great income potential • R7-1 zoning with available air rights • Convenient Grand Concourse Village location—close to transportation, shops, parks, and schools Don't miss this opportunity to own a high-yield asset in one of the Bronx’s most vibrant communities!
Listed by Danny B. Agboh
·
Charles Rutenberg Realty, Inc.
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718-994-4002
Last updated July 23, 2025
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Source: OneKey #889289
Listing Facts
TypeMulti-family
NeighborhoodConcourse
Bedrooms9
Bathrooms3
Days on Prevu53
Taxes$7,951/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/16/2025
Listed by Charles Rutenberg Realty, Inc.
$1,249,000
Estimated Closing Costs
Total
$46,845
Attorney Fees
$4,000
NYC Mansion Tax
$12,490
Title Insurance
$5,621
Bank Attorney
$1,500
Mortgage Recording Tax
$19,234
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,249,000 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 364 E 167th Street
Association
Amenities
Association Amenities: Other, Snow Removal, Trash
Exterior
Construction
Number Of Units Total: 3
Window Features: Double Pane Windows
Year Built: 2006
Construction Materials: Brick, Stucco
Features
Direction Faces: East
Fencing: Fenced
Measurements
Building Area Total: 4,737
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,210
Financial
Residential Income
Gross Income: $44,400.00
Taxes
Parcel Number: 02429-0017
Tax Annual Amount: $7,951.00
Tax Assessed Value: $74,520.00
Tax Year: 2024
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Granite Counters, High Ceilings, Open Kitchen, Walk-In Closet(s)
Rooms
Basement: Full, Partially Finished
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 9
Other
Location
Tax Block: 2429
Tax Lot: 17
Parking
Parking
Parking Features: Off Street
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard, Natural Gas
Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Available, Water Connected
Water Source: Public
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