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467 E 159th StreetBronx, NY 10451

For Sale

$1,000,000

Smart Buyer Rebate $12,500

INVESTORS & DEVELOPERS — OPPORTUNITY KNOCKS IN THE BRONX! Located in the Melrose neighborhood, this spacious two-family property presents an exciting opportunity for those looking to add value to their real estate portfolio. Featuring a 3-bedroom, 2-bathroom first-floor unit and a 2-bedroom, 1-bathroom second-floor unit, this property offers a versatile layout with multiple income-producing possibilities. Additional features include a full finished basement with walk-out access, a spacious backyard, gas boiler heating, and street parking. Situated in an R7-2 zoning district, offering potential redevelopment opportunities subject to zoning regulations and necessary approvals. Both units will be delivered vacant at closing! Take advantage of the flexibility to renovate, occupy, or lease the property according to your investment goals. Bring your creativity, explore the possibilities, and make this Melrose property your next investment!

Listed by Tyrone L. Byrdsong

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YourHomeSold Guaranteed Realty

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718-710-3584

Last updated October 16, 2026

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Source: OneKey #1062397

Listing Facts

  • TypeMulti-family
  • NeighborhoodMelrose
  • Bedrooms5
  • Bathrooms3
  • Days on Prevu15
  • Taxes$920.72/year

Location

Mortgage Calculator

Listing History

10/16/2026
Status changed to Active
$1,000,000
10/16/2026
Listed by YourHomeSold Guaranteed Realty
$1,000,000
  1. 10/16/2026$1,000,000
    Status changed to Active
  2. 10/16/2026$1,000,000
    Listed by YourHomeSold Guaranteed Realty

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$10,000
Title Insurance
$4,500
Bank Attorney
$1,500
Mortgage Recording Tax
$15,400
Other Closing Costs
$4,000
Total
$39,400

Estimated closing costs are based on the list price of $1,000,000 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 467 E 159th Street

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1899
  • Construction Materials: Frame

Measurements

  • Building Area Total: 2,112
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,684

Financial

Taxes

  • Parcel Number: 02381-0062
  • Tax Annual Amount: $920.72
  • Tax Assessed Value: $45,720.00
  • Tax Year: 2025

Interior

Features

  • Interior Features: High Ceilings, Soaking Tub

Rooms

  • Basement: Finished, Full, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 5

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Ps 1 Courtlandt School
  • Elementary School District: Bronx 7

High School

  • High School: Alfred E Smith Career-Tech High Sch
  • High School District: Bronx 7

Middle or Junior School

  • Middle Or Junior School: Academy Of Applied Math And Tech
  • Middle Or Junior School District: Bronx 7

Utilities

Equipment

  • Cooling: Separate Meters, Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas, Separate Meters
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 5 bedrooms and 3 bathrooms in this multi-family home at 467 E 159th Street.

What schools are nearby to 467 E 159th Street?

Nearby schools include the Ps 1 Courtlandt School Elementary School, Academy Of Applied Math And Tech Middle School, and Alfred E Smith Career-Tech High Sch.

What are the annual taxes for 467 E 159th Street?

Annual taxes for this multi-family home are estimated at $920.

How does 467 E 159th Street compare to other multi-family homes in Melrose?

This multi-family home is listed 9% below the average price for multi-family homes in Melrose and has been on the market for 93 less days than the typical home in this area.

467 E 159th Street is a 5-bedroom, 3-bath multi-family home for sale in Bronx NY 10451. On Prevu for 15 days at $1,000,000. This property is located in Melrose. The median listing price for multi-family homes in this area is $299,999. Nearby schools include Ps 1 Courtlandt School Elementary School, Academy Of Applied Math And Tech Middle School, and Alfred E Smith Career-Tech High Sch. Explore more multi-family home listings in Bronx.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

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.