Nestled in the Wakefield neighborhood of the Bronx, 4121 Grace Avenue is a charming two-family brick home that embodies both historical character and modern potential. Constructed in 1940, this single-story residence spans 1,417 square feet and sits on a 2,375-square-foot lot. The property features two separate units, making it an excellent opportunity for homeowners seeking rental income or multi-generational living arrangements. Transportation is another advantage of this location. The property is approximately half a mile from the Nereid Avenue subway station, providing access to the 2 and 5 trains, facilitating an easy commute to other parts of the Bronx and Manhattan. Additionally, the proximity to major roadways offers convenient options for drivers. In summary, 4121 Grace Avenue offers a blend of historical charm and modern convenience. Its two-family configuration provides flexibility for various living arrangements, while the surrounding community offers a rich cultural experience, educational opportunities, and accessible transportation options. This property stands as a testament to the enduring appeal of the Wakefield neighborhood in the Bronx.
Listed by Thomas J. Santore
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Coldwell Banker Realty
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914-245-3400
Last updated July 30, 2025
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Source: OneKey #846039
Listing Facts
TypeMulti-family
NeighborhoodWakefield
Bedrooms3
Bathrooms2
Days on Prevu151
Taxes$4,911.2/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/30/2025
Price Decreased
$699,000
06/17/2025
Price Decreased
$749,000
05/28/2025
Price Decreased
$779,000
04/25/2025
Price Decreased
$799,000
04/08/2025
Listed by Coldwell Banker Realty
$815,000
Estimated Closing Costs
Total
$23,410
Attorney Fees
$4,000
Title Insurance
$3,146
Bank Attorney
$1,500
Mortgage Recording Tax
$10,764
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $699,000 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 4121 Grace Avenue
Exterior
Construction
Number Of Units Total: 2
Property Condition: Updated/Remodeled
Year Built: 1940
Architectural Style: Ranch
Construction Materials: Brick
Features
Fencing: Back Yard
Measurements
Building Area Total: 1,417
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,375
Financial
Taxes
Parcel Number: 05014-0041
Tax Annual Amount: $4,911.20
Tax Assessed Value: $38,040.00
Tax Year: 2024
Interior
Features
Interior Features: Granite Counters
Rooms
Basement: Finished, Full, See Remarks, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 3
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Total: 2
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Trash Collection Public
Water Source: Public
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