2121 Grand Avenue, Bronx, NY 10453
Local realty services provided by:ERA Caputo Realty



2121 Grand Avenue,Bronx, NY 10453
$1,250,000
- 12 Beds
- 4 Baths
- 3,900 sq. ft.
- Multi-family
- Active
Listed by:adis kolenovic
Office:kole group llc.
MLS#:889988
Source:One Key MLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$320.51
About this home
2121 Grand Ave, Bronx, NY 10453 – Renovated 3-Family with Development Upside
Exceptional investment opportunity in the University Heights section of the Bronx. This fully renovated 3-family property features a 5-bedroom apartment, a 4- bedroom apartment and one 3-bedroom apartment, each approximately 1,300 sq ft, with potential gross rental income of up to $11,000/month. All units can be delivered vacant or occupied—ideal for end users or investors.
The property sits on a 30’ x 100’ lot zoned R7-1, offering generous development potential. The current building utilizes just a portion of the lot’s max FAR of 3.44, allowing for up to 10,320 buildable square feet. Unused air rights and BSF (buildable square footage) offer the potential to redevelop or expand the site into 15–22 residential units, subject to DOB and zoning approvals.
Whether you’re looking for strong cash flow now or planning a future development play, this is a rare opportunity in a growing submarket.
Key Highlights:
Three full-floor apartments
Fully renovated interiors with updated kitchens
Income potential: $11,000/month
Delivered vacant or rented
Lot: 30’ x 100’ | Zoning: R7-1 | Max FAR: 3.44
Buildable SF: Up to 10,320 BSF (unused air rights remain)
Potential to build 15–22 units
Contact an agent
Home facts
- Year built:1920
- Listing Id #:889988
- Added:29 day(s) ago
- Updated:July 17, 2025 at 11:41 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,900 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1920
- Building area:3,900 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$320.51
- Tax amount:$3,886 (2024)
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