1610 Melville Street, #143, Bronx, NY 10460

$1,399,000
Active for Sale
 
Listing ID 11678861
Property Type Multi-Unit (2-4)
County Bronx
Township Bronx
Neighborhood Morris Park
Unit 143
School NEW YORK CITY GEOGRAPHIC DISTRICT #11
Total Tax $7,338
FEMA Flood Map fema.gov/portal
Year Built 2003
Virtual Tour
Exceptional 3-family investment opportunity in the highly desirable Morris Park section of the Bronx, ideally located near the 2 and 5 subway lines and multiple bus routes for easy commuting. This well-maintained property is in good condition and equipped with security cameras, offering both comfort and peace of mind. The property features strong in-place income and low operating expenses, including a 1-bedroom unit generating $2,484/month, a 2-bedroom/2-bath unit at $2,762/month, and a spacious 3-bedroom/2-bath owner's unit with projected rental income of $3,200-$3,500/month. All tenants pay their own utilities, including gas, electric, and heat, significantly reducing landlord expenses and maximizing net operating income. With over $100,000 in gross annual income, this property is ideal for investors seeking solid cash flow or owner-occupants looking to offset their mortgage with substantial rental income. Located in the heart of Morris Park, this property is surrounded by shopping, restaurants, schools, and essential amenities, with strong rental demand and long-term appreciation potential. The top-floor unit offers additional upside, making this a versatile opportunity for both immediate returns and future growth. A rare chance to acquire a high-performing multi-family in one of the Bronx's most sought-after neighborhoods.
Property Details
  • 6 Total Bedrooms
  • 5 Full Baths
  • 3 SF (AG)
  • 2529 SF (Total)
  • 2060.00 Acres
  • Built in 2003
  • 3 Stories
  • Unit 143
  • A-Frame Style
  • Lower Level: Walk Out
Unit Information
Unit #1 – Rent Price: 2484, Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 1
Unit #2 – Rent Price: 2762, Bedrooms: 2, Full Baths: 2, Occupied, Unit Count: 2
Unit #3 – Bedrooms: 3, Full Baths: 2, Occupied, Unit Count: 3
Interior Features
  • Open Kitchen
  • Marble Kitchen Counter
  • Oven/Range
  • Refrigerator
  • Hardwood Flooring
  • 1 Room
  • Living Room
  • Dining Room
  • Primary Bedroom
  • Walk-in Closet
  • Kitchen
  • Baseboard
  • Gas Fuel
  • Wall/Window A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Asphalt Shingles Roof
  • Built In (Basement) Garage
  • 1 Garage Space
  • Municipal Water
  • Municipal Sewer
  • Patio
  • Subdivision: No
  • Street View
  • Near Bus
  • Near Train
Community Details
  • Mid-rise (Bldg. Style)
Taxes and Fees
  • $7,338 City Tax
  • $7,338 Total Tax
  • Tax Year 2026
Listed By
SUPREME REALTY CORP
Office: 914-374-8539
Mobile: 954-806-8418
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