New York, NY 10452

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$1,599,999
Annual Taxes:$3,540
505 Park Ave, New York, NY 10022
Listing Courtesy of Locqube New York, Inc.

Welcome to 1068 Walton Avenue, a meticulously restored 1899 brick townhouse offering 3, 150 square feet of light filled living space on a 2, 000 square foot lot, perfectly positioned ...

Description

Welcome to 1068 Walton Avenue, a meticulously restored 1899 brick townhouse offering 3,150 square feet of light-filled living space on a 2,000-square-foot lot, perfectly positioned one block from the historic Grand Concourse. This rare three-story residence seamlessly blends 19th-century architectural character with turnkey contemporary design, featuring refinished hardwood floors, high ceilings, generous windows, and a curated neutral palette throughout. A striking red entrance framed by black iron railings and stone steps welcomes you into a home where every finish has been thoughtfully considered. Configured as a legal three-unit property featuring a three-bedroom, one-bath unit over a three-bedroom, one-bath unit over a two-bedroom, one-bath unit, plus a full basement for additional storage, utility, or flex space, the layout unlocks exceptional possibilities — owner-occupy and offset your mortgage with rental income, accommodate multi-generational living with full privacy between floors, create a live/work setup, or hold as a pure three-unit investment in a high-demand South Bronx submarket. The bright kitchen features white cabinetry, a full stainless steel appliance package including gas range, dishwasher, and refrigerator, and a generous wood island with seating — built for both everyday living and entertaining. Bathrooms throughout carry a clean, timeless design language with white subway tile and modern fixtures. The standout feature is the private landscaped garden — a true rarity in New York City. Mature trees, natural stone pathways, paved entertaining areas, and decorative garden walls create a tranquil outdoor sanctuary perfect for dining al fresco, gardening, or simply unwinding. Located one block from the Grand Concourse Historic District — recently revitalized through a $450 million city-led streetscape reconstruction — residents enjoy walking access to the Bronx Museum of the Arts, Yankee Stadium, Joyce Kilmer Park, and Franz Sigel Park. Transit options are exceptional: the 4, B, and D trains at 161st Street–Yankee Stadium deliver you to Midtown in roughly 20 minutes, Metro-North's Hudson Line at Yankees–E. 153rd Street reaches Grand Central in about 15 minutes, and the Bx1, Bx2, Bx6, Bx13, and BxM4 buses serve the neighborhood. For drivers, the Major Deegan Expressway provides quick connections throughout the metro area. For the investor-minded buyer, the fundamentals are compelling: a substantial lot by NYC standards, zoning that permits flexibility for future improvement or expansion, and a surrounding neighborhood in the middle of a documented, sustained renaissance. Whether the strategy is long-term hold, multi-unit rental, owner-occupancy with income, or eventual redevelopment, 1068 Walton Avenue offers a foundation that rewards every play. Turnkey 1899 townhouse, three units totaling eight bedrooms and three baths, plus a full basement, private garden, and prime location — properties like this come to market once a season. Schedule your private showing today.

Amenities

  • Electricity Available
  • High ceiling
  • Natural Gas Available
  • Other

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.