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$1,374,999
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Property 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.
Full Property Details
Full Property Details for 1501 Teller Ave
General
- Price: $1,374,999
- Taxes: $8,573
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 1045721
- Updated: 9/1/2026
- Added to Site: 8 day(s) ago
Interior
- Interior Features: Granite Counters
- Laundry Facilities: Yes
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Attached, Garage
Location
- County: Bronx County
School Information
- High School District: Contact Agent
- Elementary School: Contact Agent
- Middle School: Call Listing Agent
- High School: Contact Agent
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Radiant
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Trash Collection Public
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Partially Finished, Walk-Out Access
- Building Size: 3292
- Square Feet: 3,292
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.1001
- Lot Size (Sq. Ft.): 4,360
- Lot Features: Near Public Transit, Near School, Near Shops
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $8,573
Disclosures and Reports
- Special Conditions: None
- Property ID: 02787-0060
Listed by Locqube New York, Inc.
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Schools
Schools serving 1501 Teller Ave
School District:New York City Geographic School District 09
| Name | Grades | Distance |
|---|---|---|
Ps 70 Max Schoenfeld 1691 Weeks Ave, The Bronx, NY 10457 | K-5 | 0.3 mi |
Is 313 School Of Leadership Development 1600 Webster Ave, The Bronx, NY 10457 | 6-8 | 0.3 mi |
Is 339 1600 Webster Ave, The Bronx, NY 10457 | 6-8 | 0.3 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 1501 Teller Ave
Date
Details
Price
Change
Source
9/01/2026
Listed
$1,374,999
85.81%
MLS
8/05/2019
Sold
$740,000
—
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 1501 Teller Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,977
8%
$68,919
8%
2024
$7,387
—
$63,814
8%
2024
$7,387
45%
$59,087
133%
2023
$5,085
5%
$25,319
-47%
2022
$4,851
-4%
$47,700
9%
2021
$5,027
—
$43,920
3%
2020
$5,018
33%
$42,660
23%
2019
$3,783
8%
$34,680
64%
2018
$3,507
—
$21,099
6%
2017
$3,504
3%
$19,905
—
2016
$3,417
3%
$19,905
1%
2015
$3,315
9%
$19,754
6%
2015
$3,054
19%
$18,637
6%
2013
$2,562
—
$17,583
—
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 1501 Teller Ave
1501 Teller Avenue, Bronx, NY 10457 (MLS# 1045721) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 1501 Teller Avenue is currently listed for $1,374,999 and was received on September 01, 2026. Want to learn more about 1501 Teller 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.

