Nestled in the vibrant Belmont neighborhood, this expansive two-family house presents a fantastic opportunity for homeowners, investors, and developers alike. Boasting generous living spaces and separate utilities, this property offers both immediate rental income potential and exciting future possibilities. First Floor: Discover a spacious three-bedroom, one-bathroom apartment. Enjoy seamless indoor-outdoor living with direct access to the backyard – perfect for relaxing or entertaining. Second Floor: The upper level features a large four-bedroom apartment with one bathroom, providing ample space for a growing family or tenants. Basement: A substantial, unfinished walk-out basement offers endless potential for customization, whether you envision additional living space, a recreational area, or extra storage. Separate Utilities: Each unit is equipped with its own independent gas boiler and gas hot water tank, ensuring tenant comfort and simplified management. Development Opportunity: Situated on land zoned M1-1 and located within a Qualified Opportunity Zone, this property presents a compelling prospect for developers and investors seeking to capitalize on potential tax benefits and the area's growth. Don't miss this chance to own a substantial property in a sought-after location with significant upside potential!
Listed by Jose J. Flores
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EXIT Realty Private Client
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914-222-1000
Last updated May 14, 2025
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Source: OneKey #852183
Listing Facts
TypeSingle-family
NeighborhoodEast Tremont
Bedrooms7
Bathrooms2
Days on Prevu137
Taxes$2,834.6/year
Size2,120 sqft
Price per sqft$425
Location
Mortgage Calculator
Listing History
04/22/2025
Listed by EXIT Realty Private Client
$899,999
Estimated Closing Costs
Total
$27,409
Attorney Fees
$4,000
Title Insurance
$4,050
Bank Attorney
$1,500
Mortgage Recording Tax
$13,859
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $899,999 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 4392 Park Avenue
Exterior
Construction
Year Built: 1899
Architectural Style: A-Frame
Construction Materials: Aluminum Siding, Stucco
Measurements
Building Area Total: 3,240
Building Area Units: Square Feet
Lot Size Acres: 0.05
Lot Size Square Feet: 2,275
Financial
Taxes
Parcel Number: 03037-0006
Tax Annual Amount: $2,834.60
Tax Assessed Value: $56,160.00
Tax Year: 2024
Interior
Features
Appliances: Refrigerator
Measurements
Living Area: 2,120
Living Area Source: Other
Rooms
Basement: Unfinished, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 7
Rooms Total: 11
Schools
Elementary School
Elementary School: Contact Agent
High School
High School: Contact Agent
High School District: Bronx
Middle or Junior School
Middle Or Junior School: Contact Agent
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected
Water Source: Public
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