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$1,499,000
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Property Description
LEGAL 5 FAMILY! Exceptional opportunity in the heart of the Allerton section of the Bronx-this FULLY VACANT, well-maintained 5-Family offers incredible flexibility for both investors and end-users looking to live in one unit while generating strong rental income from the others. The property consists of four 1-Bedroom units and 1-oversized Studio, all in excellent condition with their own separate utilities, keeping operating expenses efficient and straightforward. With updated mechanicals throughout and a dedicated utility area, this is a low-maintenance, income-producing asset ready for immediate occupancy or lease-up. Delivered completely vacant, allowing you to set market rents from day one or customize occupancy to fit your needs. Ideal for an owner-occupant looking to offset living expenses or an investor seeking a stable, cash-flowing property with long-term upside. Located on a quant, tree-lined street just moments from Pelham Parkway, parks, shopping, and public transportation, offering convenience and strong tenant demand. Turnkey condition, flexible use, and rare vacancy-opportunities like this don't come around often!
Full Property Details
Full Property Details for 2527 Matthews Ave
General
- Price: $1,499,000
- Taxes: $13,115
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 979535
- Updated: 4/2/2026
- Added to Site: 15 day(s) ago
Interior
- Flooring: Hardwood
Parking
- Parking Features: On Street
Location
- County: Bronx County
School Information
- High School District: Bronx 11
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Building Size: 3360
- Square Feet: 3,360
- Year Built: 1935
Lot Features
- Property View: City
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Fence: Yes
- Zoning: R6
- Fencing (Description): Front Yard
Financial Considerations
- Tax Amount: $13,115.76
Disclosures and Reports
- Special Conditions: None
- Property ID: 04440-0047
Listed by DeSimone Real Estate
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Schools
Schools serving 2527 Matthews Ave
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
P.S. 89 980 Mace Ave, The Bronx, NY 10469 | 6-8 | 0.2 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 2527 Matthews Ave
Date
Details
Price
Change
Source
4/01/2026
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2527 Matthews Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,116
3%
$104,926
3%
2024
$12,711
8%
$101,672
8%
2023
$11,770
100%
$94,141
-66%
2022
100%
$276,300
17%
2021
-100%
$237,150
-9%
2020
$10,067
3%
$260,100
-4%
2019
$9,786
15%
$271,350
275%
2017
$8,528
—
$72,416
8%
2017
$8,528
7%
$67,052
8%
2016
$8,004
—
$62,086
—
2015
$7,999
4%
$62,086
—
2014
$7,727
42%
$62,086
6%
2013
$5,446
—
$58,782
—
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 2527 Matthews Ave
2527 Matthews Avenue, Bronx, NY 10467 (MLS# 979535) is a Commercial property. 2527 Matthews Avenue is currently listed for $1,499,000 and was received on April 01, 2026. Want to learn more about 2527 Matthews Avenue? Do you have questions about finding other Commercial real estate for sale in Bronx? You can browse all Bronx real estate or contact a Coldwell Banker agent to request more information.

