Description
Excellent investment opportunity in the heart of the Bronx! 1581 Hollywood Avenue is a solid brick four-family property offering approximately 2,100 square feet of living space on a 3,156-square-foot lot. Built in 1972, the property features a versatile unit mix consisting of a 3-bedroom, 2-bedroom, 1-bedroom, and studio apartment, providing multiple income streams and strong rental potential. A major advantage for investors or owner-occupants is that the property will be delivered vacant, allowing the new owner to immediately renovate, reposition, and establish rents based on current market conditions. One of the property's standout features is its oversized garage with a loft, offering tremendous space for storage, a workshop, vehicles, or other potential uses. Between the garage and backyard area, there is parking for approximately five cars-a valuable feature in the Bronx. Situated on an R4A-zoned 3,156-square-foot lot, the property offers an attractive combination of existing income-producing potential, parking, storage, and future possibilities. Buyers should independently verify permitted uses, zoning, and development potential. The location provides convenient access to transportation, shopping, recreation, and major roadways. Both the Middletown Road and Buhre Avenue 6 train stations are within walking distance, making commuting throughout the Bronx and into Manhattan convenient. Pelham Bay Park, New York City's largest public park, is nearby, along with the shops, restaurants, and neighborhood amenities along Crosby Avenue. Easy access to the Hutchinson River Parkway adds even more convenience for drivers. With four residential units, vacant delivery, substantial parking, an oversized garage with loft, and room to maximize rental income, 1581 Hollywood Avenue presents a rare opportunity for investors, owner-occupants, or buyers looking to add a flexible multifamily property to their portfolio.
Details
| MLS # | 1045263 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 68 |
| Listing Provided By | Dobbs Realty Corporation | Jeremy Dobbs |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,100 |
| Garage | 2 |
| Basement | Y |
| Units | 4 |
| Acreage | 0.07 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard, Oil, Other |
| Interior Features | Other |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Alley Access, Driveway, Garage |
Utilities
| Utilities | Electricity Connected, Phone Connected, See Remarks, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 326700 |
| Tax Annual Amount | 17286.76 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10461 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10461) | |
Price: $1,299,999 low | high Med: $839,000 sqft: 2,100 low | high Med: 1,600 $ / sqft: $619 low | high Med: $524 On site: 68 low | high Med: 164 | |
Market Activity 10461
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10461 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 10461) | |
Price: $1,299,999 low | high Med: $839,000 sqft: 2,100 low | high Med: 1,600 $ / sqft: $619 low | high Med: $524 On site: 68 low | high Med: 164 | |
 | $1,049,0001559 Hollywood AvenueBronx, NY 10461 |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
