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$795,000
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Property Description
Welcome to 1241 College Ave, Bronx, NY 10456 - an exceptional investment opportunity offering strong income potential. This solid brick property currently features 2-family with a full, unfinished basement and can be converted to 3 residential units and a ground-floor storefront. The building includes two spacious two-bedroom, one-bath apartments and one one-bedroom, one-bath apartment, all with comfortable layouts and great rental appeal. This property offers impressive returns and reliable cash flow. Whether you're an investor looking for a high-yield opportunity or a buyer interested in living in one unit while your tenants cover most of the mortgage, 1241 College Ave offers flexibility and long-term value. Conveniently located near major transportation, schools, shopping, and local amenities, this property provides both convenience and potential in one of the Bronx's most active neighborhoods. Don't miss your chance to own this income-generating property in a prime Bronx location. Reach out to Emran Bhuiyan at Emran Estates Realty for more details or to schedule a private showing.
Full Property Details
Full Property Details for 1241 College Ave
General
- Price: $795,000
- Taxes: $3,374
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 945225
- Updated: 12/30/2025
- Added to Site: 25 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Off Street
Location
- County: Bronx County
- Driving Directions: www.google.com
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Radiant
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement, Partially Finished
- Building Size: 2492
- Square Feet: 2,492
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.039
- Lot Size (Sq. Ft.): 1,700
Financial Considerations
- Tax Amount: $3,374.28
Disclosures and Reports
- Special Conditions: None
- Property ID: 02439-0068
Listed by Emran Estates Realty
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Schools
Schools serving 1241 College Ave
School District:New York City Geographic School District 09
| Name | Grades | Distance |
|---|---|---|
Ps 53 Basheer Quisim 360 E 168th St, The Bronx, NY 10456 | K-5 | 0.1 mi |
Ps 88 S Silverstein Little Sparrow School 1340 Sheridan Ave, The Bronx, NY 10456 | K-2 | 0.2 mi |
Jhs 22 Jordan L Mott 270 E 167th St, The Bronx, NY 10456 | 6-8 | 0.1 mi |
Bronx Writing Academy 270 E 167th St, The Bronx, NY 10456 | 6-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1241 College Ave
Date
Details
Price
Change
Source
12/22/2025
Listed
$795,000
96.3%
MLS
9/23/2005
Sold
$405,000
—
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 1241 College Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,374
—
$16,800
—
2024
$3,374
1%
$16,800
1%
2023
$3,339
5%
$16,622
-55%
2022
$3,187
2%
$36,600
7%
2021
$3,121
5%
$34,200
-7%
2020
$2,963
1%
$36,720
15%
2019
$2,929
10%
$31,860
130%
2017
$2,666
—
$13,852
6%
2017
$2,666
8%
$13,076
6%
2016
$2,470
8%
$12,358
6%
2015
$2,281
3%
$11,667
—
2014
$2,215
9%
$11,667
1%
2013
$2,023
—
$11,544
—
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 1241 College Ave
1241 College Avenue, Bronx, NY 10456 (MLS# 945225) is a Multi-Family property with 2 units containing 5 bedrooms and 4 full bathrooms. 1241 College Avenue is currently listed for $795,000 and was received on December 22, 2025. Want to learn more about 1241 College 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.

