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$1,200,000
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Property Description
Bronx Living at its best. An exceptional investment opportunity in the heart of the Bronx. This Legal 3 family detached mixed-use property sits on a generous 39x100 ft lot and offers strong stable rental income with long-term upside. It offers (3) residential units: Two spacious 2-bedroom Apartment, The garden floor units is currently vacant for potential owner occupancy Plus Studio Apt. Street Level Commercial Space currently leased to a well-stablished medical group, Providing reliable cash flow. Positioned on the high-visibility corridor of Pelham Parkway South, this property is ideal for both investor and end users seeking to live and earn. Close to major transportation, shops, Botanical Garden, Bronx Zoo and essential services. Zoning : R4A- Low density residential zoning: The current mix-use configuration is grandfathered in. Buyers should consult an architect or the NYC DOB for any future development or expansion possibilities.
Full Property Details
Full Property Details for 1214 Pelham Pkwy S
General
- Sold For: $1,200,000
- Taxes: $23,920
- Status: Closed
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 844740
- Added to Site: 371 day(s) ago
Interior
- Interior Features: First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bronx County
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3892
- Square Feet: 3,892
- Year Built: 1949
Lot Features
- Lot Size (Acres): 0.1435
- Lot Size (Sq. Ft.): 6,250
Financial Considerations
- Tax Amount: $23,920.48
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 04314-0025
Listed by In Motion Realty Group Inc.
Sold by Compass Greater NY, LLC
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Schools
Schools serving 1214 Pelham Pkwy S
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 108 Philip J Abinanti 1166 Neill Ave, The Bronx, NY 10461 | K-5 | 0.2 mi |
Jhs 144 Michelangelo 2545 Gunther Ave, The Bronx, NY 10469 | 6-8 | 1 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 1214 Pelham Pkwy S
Date
Details
Price
Change
Source
4/02/2026
Sold
$1,200,000
-7.62%
MLS
10/21/2025
Price Reduced
$1,299,000
-1.96%
MLS
9/10/2025
Price Reduced
$1,325,000
-11.67%
MLS
4/04/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1214 Pelham Parkway S, Bronx, NY 10461 (MLS# 844740) is a Multi-Family property that was sold at $1,200,000 on April 02, 2026. Want to learn more about 1214 Pelham Parkway S? 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.

