$869,000
5 Bed • 3 Bath5 bd · 3 ba
806 E 227th Street
Bronx, NY 10466
Listed with WW Realty Group Inc
$1,099,000
Est. $6,042/moBronx, NY 10472 · The Bronx
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Welcome to 1392 Commonwealth Avenue, a rare opportunity to own a versatile and income producing 3 family property offering exceptional space, flexibility, and long term investment potential. Whether you are an investor looking to expand your portfolio or an owner occupant seeking to offset your mortgage with rental income, this property presents an outstanding opportunity. The first floor features a well laid out 3 bedroom residence complete with a spacious living room, kitchen, and full bathroom. The second floor offers an expansive and unique layout highlighted by a massive open concept living and dining area, custom built in bar, elegant china cabinet, 3 generously sized bedrooms, 2 full bathrooms, and a full kitchen ideal for comfortable everyday living and entertaining alike. In addition, the property includes a separate studio unit located behind the first floor residence with private side access, creating an additional source of rental income and added versatility. The home also features a fully finished basement, providing additional flexible space ideal for recreation, storage, workspace, or extended living use. All units are currently occupied by paying tenants on month to month agreements, offering immediate cash flow with future flexibility for investors or end users alike. Property can also be delivered vacant, creating endless possibilities for customization, owner occupancy, or maximizing rental potential. With strong income potential and multiple living configurations, this property is an exceptional opportunity for both seasoned investors and first time buyers alike.
Listed with Z Squared Realty Group · Sayar Uddin · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Oct 20, 2026, 7:07 PM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
399
Oct 2026
Average price
Active listings
$766,211
Oct 2026
Average days on market
Active listings
169 days
Oct 2026
Computed from 2,273 active OneKey MLS listings in Bronx, NY.
$869,000
5 Bed • 3 Bath5 bd · 3 ba
806 E 227th Street
Bronx, NY 10466
Listed with WW Realty Group Inc
$895,000
6 Bed • 2 Bath6 bd · 2 ba
748 Taylor Avenue
Bronx, NY 10473
Listed with Call It Home Realty LLC
$1,275,000
6 Bed • 4 Bath6 bd · 4 ba
955 E 229th Street
Bronx, NY 10466
Listed with WW Realty Group Inc