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487 Jackson Avenue
House in North New York •  building info
5bd • 2ba • 2,500ft² $480 per ft²
List Price

$1,200,000

Key Details
Days on market
84
Last price change
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Estimated payment
$7,031/mo
Taxes
$205/mo
Maintenance
N/A
Description
This charming multi-family home offers an excellent opportunity for both investors and homeowners in the heart of the Mott Haven section of the Bronx. Built in 1901, this classic two-story brick property offers 2,100sf of living space. The building measures 25 ft x 42 ft typical of its Old Style architecture and charm. The lot itself is 2,500 sf offering a spacious deck with porch, a full basement for additional storage or potential use. Converted from a single-family home to a two-family layout, this home offers separate living spaces, ideal for multi-generational living or rental income. An attached garage adds five garage spaces providing convenient parking, a rare and valuable asset in this urban location. The home is located nearby transportation with a quick commute to Manhattan and local amenities. This property offers future potential situated in a growing and dynamic part of the Bronx (within an "Opportunity Zone") Zoned R-7 with a Max FAR of 5.01 and will be delivered vacant.

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Home features
Hardwood floors
Private outdoor space

Roof Deck

Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,200,000
Asking Price: $1,200,000
Term
30 Years
Down Payment
$120,000 (10%)
Min: 10% (120,000)
Rate
6.5 %
Mortgage Amount
$1,080,000
Mortgage Payment
$6,826
Taxes
$205
Estimated closing cost
$44,000
Total monthly cost $7,031
Listing Courtesy of eXp Realty

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