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New York Bronx 10469 Pelham Gardens
2534 Morgan Avenue
Photo of 2534 Morgan Avenue
Sold on Sep 9, 2026

7

Map

Photo of 2534 Morgan Avenue
Photo of 2534 Morgan Avenue
$800,000
● House - Off Market

2534 Morgan Avenue

New York, NY 10469
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,250 Ft²
$4,685
Est. Monthly

About This Property

Brick detached 1 family home on a 36 by 100 Lot. The property is located in the Pelham Parkway section of the Bronx, close to public transportation options, including the #5 subway line stations at both Gun Hill Road and Pelham Parkway. The main portion of the house consists of a three bedroom duplex with one full bath on top and the main floor consisting of a kitchen, living room, dining room and a ½ bath. Additional extras include a walk-out basement, garage, driveway, back and side yards, plus a finished attic with built-in step for easy access. Oil heat.  TLC needed. Sold "As is".
Unit Size
2,250 Ft²
Days on Market
22 days
Land Size
0.08 acres
Price per sqft
$369
Property Type
House
Property Taxes
$609
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 months ago (OneKey MLS #KEY951962)

Price History

Date / Event Date Event Price
Sep 9, 2026 Sold
Premium
Sold
Aug 20, 2026 In contract -
In contract
Aug 18, 2026 Listed by Keller Williams Realty NYC Grp $830,000
Listed by Keller Williams Realty NYC Grp

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 3,600
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 36
  • Building Depth: 30
  • Building Frontage: 25
  • Gross Building Area: 2,250

    Building Floor Area

  • Residential Building Floor Area: 1,875

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 1
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: A1
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 211
  • City Council District: 13
  • Police Precinct: 49
  • Fire Company: E097
  • Health Area: 820
  • Sanitation District Borough: 2
  • Sanitation Subsection: 3E
  • School District: 11

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R4A

Geography

  • Borough Name: BX
  • Borough Code: 2
  • Block: 4476
  • Lot: 20
  • Borough Block Lot: 2044760020

    Address

  • Full Address: 2534 Morgan Avenue
  • Zip Code: 10469

Valuation

    Assessments Valuation

  • Assessed Total Value: $42,120
  • Assessed Land Value: $9,180

    Exemptions

  • Exempt Total Value: $3,380
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About East Bronx

Stats & Trends

Median Asking:

$759,000

Sale Price/ft²

$416

Above Asking

0.52%

Average Days on Market

86

Average Home Size

1885 ft²

Average Home Age

78.3 years

Currently For Sale

647 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 766 East 224th Street, Bronx, NY 10466

$3,640 - $3,922 /mo

  • 3 Beds
  • 2 Baths
766 East 224th Street, Bronx, NY 10466 Listing by Taylor St. Valliere
Unit for rent at 1565 Odell Street, Bronx, NY, 10462

$2,800 /mo

  • 2 Beds
  • 1 Bath
1565 Odell Street #1-F, Bronx, NY, 10462 Listing by Danielle Jernigan
Unit for rent at 2507 Cruger Avenue, New York, NY, 10467

$2,652 - $2,857 /mo

  • 1 Bed
  • 1 Bath
2507 Cruger Avenue, New York, NY, 10467 Listing by Victor Santos

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2534 Morgan Avenue built and last sold?
The property at 2534 Morgan Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2534 Morgan Avenue is $844,381.
What are some comparable homes to 2534 Morgan Avenue?
There are currently no comparable homes to 2534 Morgan Avenue.
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