Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 8 BR |
| Bathrooms: | 4 |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Locqube New York, Inc.
Fully renovated, income producing, and delivered with two units vacant at closing 1501 Teller Avenue is a solid brick four family townhome commanding a corner lot in the Claremont section ...
Description
Fully renovated, income-producing, and delivered with two units vacant at closing: 1501 Teller Avenue is a solid brick four-family townhome commanding a corner lot in the Claremont section of the Bronx, offering immediate cash flow, immediate control, and multiple paths to added income. All four units are spacious two-bedrooms finished with quartz countertops, stainless steel appliances, white shaker cabinetry, and oak flooring. Two units are occupied and producing; two are vacant, giving a buyer the rare ability to set market rents on day on or move in and finance as an owner-occupant. This is a free market building. The attached one-car garage can be rented separately, a consistently in-demand amenity in a neighborhood where street parking is scarce. And the full unfinished walk-out basement, with high ceilings and its own grade-level separate entrance, is a genuine value-add canvas: rentable storage today, and a strong candidate for future conversion as NYC's City of Yes reforms expand what's possible below grade. R7-1 zoning leaves approximately 2,898 square feet of unused FAR for longer-term development. Located minutes from BronxCare Hospital, shopping, dining, and schools, with the B, D, and 4 trains providing a fast, easy commute to Manhattan.
Amenities
- Granite Counters
- Near Public Transit
- Near School
- Near Shops
- Trash Collection Public

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.