For Sale Multi-Family MLS# 1045721

1501 Teller Avenue

Bronx, NY 10457

$1,374,999

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About 1501 Teller Avenue

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.

Property details

Property

Type
multi
Year built
1920
Living area
3,292 sqft
Price / sqft
$418
Lot
0.1001 ac
List date
Sep 1, 2026

Schools

District
New York City Department Of Education

Location

Subdivision
Claremont
Neighborhood
Claremont

Location

Neighborhood
Claremont
School district
New York City Department Of Education

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Listed by Locqube New York, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.