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2121 Grand Avenue

Bronx, NY 10453

12 beds
4 baths
3,900 sqft
3,000 sqft lot
$320 per sqft
1920 build
– on site

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

Listing courtesy of ONEKEY / Kole Group LLC

Last checked: Checking… • Last updated Jul 16, 2025 •

MLS# 889988 —

The Building

Year Built:

1920
Basement:

false
Construction Materials:

Frame
# of Total Units:

3
Building Area Units:

Square Feet
Building Area Total:

3900

Interior

Interior Features:

First Floor Bedroom

The Property

Lot Size Acres:

0.0689
Parcel Number:

03206-0059
Property Type:

Residential Income
Property Subtype:

Triplex
Lot Size SqFt:

3,000 Sqft
Property Attached:

true
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Source:

Municipality
Tax Annual Amount:

3886.08

Beds

Total Bedrooms:

12

Baths

Full Baths:

4
Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Utilities:

Electricity Available
Water Source:

Public

The Community

Senior Community:

false

Parking

Parking Total:

4
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/16/25 Jul 16, 2025	Listed / Active	ONEKEY	$1,250,000	45.3%
6/25/25 Jun 25, 2025		ONEKEY	$860,000	-9.4%
2/27/25 Feb 27, 2025		ONEKEY	$949,000

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This multifamily located in West Bronx, Bronx, NY 10453 is currently for sale for $1,250,000. 2121 Grand Avenue is a 3,900 square foot multifamily with 12 beds and 4 baths that has been on Estately for 0 days. 2121 Grand Avenue is in the West Bronx neighborhood of Bronx. This multifamily is in the attendance area of P.S. 279 Captain Manuel Rivera, Jr..

Listing Courtesy of: ONEKEY and Kole Group LLC.

IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.