7 months on rocket

1022 Prospect Ave, Bronx, NY, 10459

$850,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,760 SqFt
$308/SqFt
Multi

Location

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1022 Prospect Ave, Bronx$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAttached, 1 Car Attached
Attached Garage1 space
Year Built1920
HeatingElectric, Natural Gas, Baseboard, ENERGY STAR Qualified Equipment, Hot Water
CoolingWindow Unit(s)
BasementYes
MLS #H6298048
StatusActive
(A)

About 1022 Prospect Ave

Discover the epitome of spacious living in the heart of the vibrant South Bronx at 1022 Prospect Ave. This massive two-family home offers a rare opportunity for developers, investors, or those seeking a spacious and versatile living space. This impressive property features a massive 3-bedroom, 2-bathroom duplex with separate entrances, providing privacy and flexibility for residents. With spacious rooms and thoughtful design, this duplex offers an ideal layout for comfortable living. Second Unit: In addition to the duplex, there's a 1-bedroom, 1-bathroom unit, and Unfinished Basement: Need storage space? Look no further. The unfinished basement offers ample room for storing belongings, equipment, or materials, with the potential for further customization or development. Situated in the heart of the South Bronx, this property enjoys proximity to a plethora of amenities, including shops, restaurants, parks, and public transportation, ensuring convenience and accessibility for residents. Developers Dream: With its sizeable layout and strategic location R7 , this property presents an excellent opportunity for developers to capitalize on the potential for expansion or renovation. Investment Potential: For investors seeking rental income, this property offers the perfect setup with two distinct units and the potential for lucrative returns. Spacious Living: Whether you're looking for a spacious home to call your own or considering options for multi-generational living, this property provides the space and versatility you desire. This remarkable two-family home in the South Bronx won't last long. Whether you're a developer, investor, or homebuyer, seize this opportunity to own a piece of prime real estate in one of New York City's most dynamic neighborhoods. Schedule your viewing today before it's gone!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Contemporary
  • Year Built: 1920
  • Living Area: 2,760 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (203) 832-5598

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, 1 Car Attached

Lot Features

Lot Information:

  • Lot: Near Public Transit

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Baseboard, ENERGY STAR Qualified Equipment, Hot Water
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $308/SqFt

Tax Information:

  • Annual Amount: $2,168
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bronx, NY.

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Bronx, NY

City

Med. Sold Price

$589.8K

Med. Price/SqFt

$348

Avg. Days On Market

64

# of Sold Homes

145

1022 Prospect Ave vs Bronx

226 DAYS ON ROCKET

+162 Days

$850,000

+$260.1K More

$308/SqFt

-$40 Less

KEY TAKEAWAY

This property is $260.1K more than the Median Sold Price and $40/SqFt less than other homes in Bronx, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY
  • MLS Number: #H6298048

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (203) 832-5598

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

Information Copyright 2024, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/14/2024, 10:56:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,168$39,540
2018$1,953$9,672
2017$1,808$9,583

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-346301
2
/10

  • The Longwood Academy For Discovery

  • 888 Rev James A Polite Ave

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-346302
5
/10

  • P.S. 150 Charles James Fox

  • 920 E 167th St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-346303
6
/10

  • Urban Scholars Community School

  • 1180 Tinton Ave

  • 0.31 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,660. The most common annual income of people living in Bronx, NY is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Bronx County›Bronx›10459›1022 Prospect Ave

This home is located at 1022 Prospect Ave in Bronx, NY and zip code 10459 in the Southwest Bronx neighborhood. This 2,760 square foot home was built in 1920. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $850,000.

Over 38 listings were sold over their listed price in October 2024 in Bronx, NY. In the same period over 61 listings were sold below the listed price and 46 listings were sold for the listed price. The number of listings in Bronx, NY increased by 2.8% between September 2024 and October 2024. In October 2024 median list price was $589,852 and the average listing age was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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