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1039 Longfellow Ave, Bronx, NY 10459

For Sale

$1,300,000

7 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 1039 Longfellow Avenue, a well-maintained semi-attached 4-family property located in a desirable section of the Bronx. This solid asset offers immediate rental income potential along with long-term value-add opportunities through its generous R7-1 zoning. The layout includes: Unit 1F: Two-bedroom apartment - vacant Unit 1R: One-bedroom apartment - vacant Unit 2F: Three-bedroom apartment - currently occupied Unit 2R: One-bedroom apartment - vacant The building is in good overall condition and only requires light cosmetic updates, making it an ideal candidate for both investors seeking cash flow and developers looking to maximize potential. A brand new roof was fully replaced and installed less than 3 years ago, and the property features a full basement offering additional utility or storage possibilities. With over 5,000 square feet of additional buildable air rights under favorable R7-1 zoning, this is a rare opportunity to own a flexible asset with substantial upside in a thriving neighborhood. Whether you're looking to lease out the vacant units or explore redevelopment potential, 1039 Longfellow Ave is a strong performer in a sought-after Bronx location. Kindly contact the agent to receive a video walkthrough showcasing all vacant units, the roof, and the basement.
MLS# 11527368

Courtesy Of Discover LLC

(347) 876-9337

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick

Map and Directions

Directions to 1039 Longfellow Ave, Bronx, NY 10459

Home seller CENTURY 21 Milestone Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Milestone Team Realty

(718) 291-7000
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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