See Home Value
$1,100,000
● Multifamily - Off Market

1237 Leland Avenue #MULTI

Bronx, NY 10472
bedrooms
6 Beds
bathrooms
3 Baths
$5,452
Est. Monthly
8.34%
Cap Rate

About This Property

Investment Opportunity: 3-Family Home with Adjoining Lot in the Bronx. All Cash Only.

1327 Leland Ave presents a rare investment opportunity in the Bronx. This vacant home sits on a generous lot with an adjoining empty parcel, offering exceptional potential for redevelopment or expansion. The property is in need of a full gut renovation, making it ideal for investors, developers, or buyers looking to create a custom multi-family residence.

Home is currently set up as a 2 family and an equally sized empty lot, the possibilities are endless-whether building modern rental units, a single-family estate, or a combination of both. Conveniently located near local transportation, shopping, and dining options, this property offers both accessibility and upside potential in a vibrant Bronx neighborhood. Total frontage of 50 feet or 25 feet per lot.

Don't miss your chance to turn this diamond in the rough into a premier investment property.
Unit Size
-
Days on Market
267 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$546
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

Last updated: 4 months ago (RLS #RLS20055048)

Price History

Date / Event Date Event Price
Jul 10, 2026 Sold
Sold
Nov 6, 2025 In contract -
In contract
Oct 16, 2025 Listed by Bizzarro Agency LLC $999,000
Listed by Bizzarro Agency LLC

Property Highlights

Parking Details
Has Open Parking
Open Parking Spaces: 3
Interior Details
Full Bathrooms: 3
Laundry Features: In Basement, BuildingInBasement
Rooms: 10
Exterior Details
Has Property Attached
Year Built: 1955
Building Area Total: 2500
Building Area Units: Square Feet
Lot Size Area: 2800
Lot Size Units: Square Feet
Lot Size Acres: 0.064
Lot Size Square Feet: 2800
Lot Size Dimensions: 28.0 x 100.0
Tax Lot: 0063
Financial Details
Tax Annual Amount: $6,552
Location Details
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20251016 Unit MULTI
10/16/2025
6 Bed
3 Bath
-
$999,000
bedrooms
6 Bed
bathrooms
3 Bath
$1,100,000 +10.11%
07/10/2026
Thomas Rainey
Bizzarro Agency LLC

Building Info

1237 Leland Avenue 1237 Leland Avenue, Bronx, NY 10472
  • 2 Units
More about this Building
1237 Leland Avenue
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