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$725,000
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Property Description
This well-kept detached two-family home is a rare find with flexibility, space, and serious income potential. Whether you're looking to live in one unit and rent the other, accommodate extended family, or invest smartly - this property gives you options. Upstairs features a bright and spacious 2-bedroom, 1-bath apartment. The first floor offers a comfortable 1-bedroom, 1-bath unit, plus a finished basement studio with a full bath - perfect for additional living space, guests, or creative use. Best part? The home can be delivered vacant so you can move right in or set your own rental strategy from day one - or choose to keep the existing great tenants for immediate rental income. Plus, enjoy a big backyard shed for extra storage or workspace. While there's no parking, you'll love the unbeatable convenience. Just minutes to the 2 & 5 trains, multiple bus lines, Baychester Shopping Plaza, P.S. 87 & P.S. 169, Seton Falls Park, Edenwald Playground, and popular gyms like Planet Fitness, Blink, and LA Fitness. Hospitals and everyday essentials are all nearby. This is the kind of Bronx property that offers comfort today and value for years to come.
Full Property Details
Full Property Details for 4088 Grace Ave
General
- Price: $725,000
- Taxes: $6,441
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 954568
- Updated: 1/24/2026
- Added to Site: 25 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
- Laundry Facilities: Yes
- Flooring: Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Common Area
Parking
- Parking Features: None
Location
- County: Bronx County
School Information
- High School District: Bronx 11
- Elementary School: Ps 87
- Middle School: Baychester Middle School
- High School: Harry S Truman High School
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Finished, Walk-Out Access
- Building Size: 1920
- Square Feet: 1,920
- Year Built: 1905
Lot Features
- Lot Size (Acres): 0.0545
- Lot Size (Sq. Ft.): 2,375
Financial Considerations
- Tax Amount: $6,441.48
Disclosures and Reports
- Special Conditions: None
- Property ID: 04980-0039
Listed by Exit Realty DKC
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Schools
Schools serving 4088 Grace Ave
School District:New York City Geographic School District 11
| Name | Grades | Distance |
|---|---|---|
Ps 87 1935 Bussing Ave, The Bronx, NY 10466 | K-5 | 0.2 mi |
Bronx Alliance Middle School 3750 Baychester Ave, The Bronx, NY 10466 | 6-8 | 0.5 mi |
One World Middle School At Edenwald 3750 Baychester Ave, The Bronx, NY 10466 | 6-8 | 0.5 mi |
Baychester Middle School 3750 Baychester Ave, The Bronx, NY 10466 | 6-8 | 0.5 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 4088 Grace Ave
Date
Details
Price
Change
Source
1/24/2026
Listed
$725,000
52.63%
MLS
7/28/2021
Sold
$475,000
—
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 4088 Grace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,441
6%
$32,071
6%
2024
$6,077
6%
$30,256
6%
2023
$5,733
5%
$28,543
-3%
2022
$5,469
-3%
$29,520
9%
2021
$5,667
—
$27,060
-6%
2020
$5,657
7%
$28,860
12%
2019
$5,274
15%
$25,740
8%
2017
$4,574
—
$23,786
6%
2017
$4,574
-5%
$22,440
-7%
2016
$4,833
8%
$24,177
6%
2015
$4,460
5%
$22,809
3%
2015
$4,241
12%
$22,140
5%
2013
$3,800
—
$21,180
—
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 4088 Grace Ave
4088 Grace Avenue, Bronx, NY 10466 (MLS# 954568) is a Multi-Family property with 2 units containing 3 bedrooms and 3 full bathrooms. 4088 Grace Avenue is currently listed for $725,000 and was received on January 24, 2026. Want to learn more about 4088 Grace 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.

