Welcome to 517 Underhill Avenue, a spacious and well-maintained three-family brick home in the vibrant Clason Point neighborhood of the Bronx. Boasting over 2,100 square feet of versatile living space, this income-generating property is ideal for investors or owner-occupants looking to benefit from low taxes and rental income to help offset mortgage costs. The property features two large three-bedroom apartments with flexible layouts and a newly renovated one-bedroom unit with modern updates. Enjoy bright, sunlit rooms with large windows, a private driveway, ample street parking (no alternate side parking), a patio, and a fenced backyard. Additional peace of mind comes from major updates, including new plumbing and sewer systems installed in 2024, ensuring comfort and efficiency. Conveniently located near the Soundview Ferry Terminal—get to Manhattan in just 25 minutes! It is close to schools, parks, shopping, and the Bruckner Blvd retail corridor, with easy access to public transportation, I-95, and the Bruckner Expressway. Whether you're expanding your real estate portfolio or searching for a home with bonus income, 517 Underhill Avenue is a smart investment in one of the Bronx’s fastest-growing neighborhoods. Schedule your private showing today—properties like this won’t last!
Listed by Theresa Boatswain
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Boatswain Realty LLC
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347-326-4412
Last updated October 13, 2025
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Source: OneKey #920935
Listing Facts
TypeMulti-family
NeighborhoodSoundview
Bedrooms7
Bathrooms3
Days on Prevu14
Taxes$6,383/year
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/13/2025
Status changed to Active
$1,100,000
10/09/2025
Listed by Boatswain Realty LLC
$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 517 Underhill Avenue
Exterior
Construction
Number Of Units Total: 3
Property Attached: Yes
Year Built: 1960
Construction Materials: Brick
Exterior Features: Balcony, Garden
Features
Fencing: Back Yard, Front Yard
Measurements
Building Area Total: 2,140
Building Area Units: Square Feet
Lot Features: Back Yard, Garden, Near Public Transit, Near School, Near Shops, Paved
Lot Size Acres: 0.04
Lot Size Square Feet: 2,000
Financial
Taxes
Parcel Number: 03525-0074
Tax Annual Amount: $6,383.00
Tax Year: 2024
Interior
Features
Interior Features: Other
Rooms
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 7
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Features: Driveway, Garage
Parking Total: 2
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Heating: Natural Gas, Other
Sewer: Public Sewer
Utilities: Electricity Connected, Trash Collection Public, Water Connected
Water Source: Public
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