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$1,299,900
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Property Description
Rare opportunity to add this vacant four-family property at 1171 Colgate Ave to your real estate portfolio. The home is located in rapidly developing Soundview Section of the Bronx and Conveniently located near the MTA 6 train at Elder Ave station. This property offers an excellent multifamily investment opportunity. The building features four residential units: 1 × 3-bedroom apartment 3 × 2-bedroom apartments Each apartment has its own separate gas-fired boiler providing both heat and hot water, allowing for individual control of heating and hot water expenses. The property also includes a high-ceiling, walk-out basement that is currently unfinished, offering potential for additional storage or future use, subject to applicable zoning and permits. Delivered vacant, the property provides investors with flexibility to renovate, reposition, and maximize its rental income potential. Call today to schedule your viewing before it gone.
Full Property Details
Full Property Details for 1171 Colgate Ave
General
- Price: $1,299,900
- Taxes: $13,190
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1044613
- Updated: 9/1/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Parking
- Parking Features: Carport, Driveway, Off Street
Location
- County: Bronx County
School Information
- High School District: Contact Agent
- Elementary School: Ps 152 Evergreen
- Middle School: Jhs 123 James M Kiernan
- High School: Contact Agent
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Co
Structural Information
- Detached/Attached: Attached
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Common, Unfinished, Walk-Out Access
- Building Size: 3360
- Square Feet: 3,360
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
Financial Considerations
- Tax Amount: $13,190
Disclosures and Reports
- Special Conditions: None
- Property ID: 03736-0050
Listed by Han Tang Realty Inc.
Get Pre-Approved Today
Schools
Schools serving 1171 Colgate Ave
School District:New York City Geographic School District 08
| Name | Grades | Distance |
|---|---|---|
Ps 152 Evergreen 1007 Evergreen Ave, The Bronx, NY 10472 | PK-K | 0.3 mi |
Jhs 123 James M Kieran 1025 Morrison Ave, The Bronx, NY 10472 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1171 Colgate Ave
Date
Details
Price
Change
Source
9/01/2026
Listed
$1,299,900
80.54%
MLS
12/04/2017
Sold
$720,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1171 Colgate Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,969
3%
$106,042
3%
2024
$12,551
8%
$102,714
8%
2023
$11,602
100%
$95,122
-69%
2022
100%
$307,350
14%
2021
-100%
$270,000
-9%
2020
$9,883
2%
$296,100
6%
2019
$9,671
15%
$279,720
282%
2017
$8,400
—
$73,171
8%
2017
$8,400
8%
$67,765
8%
2016
$7,785
—
$62,747
—
2015
$7,781
10%
$62,747
3%
2014
$7,103
6%
$60,778
8%
2013
$6,711
—
$56,286
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1171 Colgate Ave
1171 Colgate Avenue, Bronx, NY 10472 (MLS# 1044613) is a Multi-Family property with 4 units containing 9 bedrooms and 4 full bathrooms. 1171 Colgate Avenue is currently listed for $1,299,900 and was received on September 01, 2026. Want to learn more about 1171 Colgate Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

