Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
861 Freeman Street

For Sale · Listing by Bohemia Realty Group LLC

861 Freeman Street

Fordham, Bronx

$1,325,000

Interested in this property?
Active For Sale Multi Family

$1,325,000

861 Freeman Street

Fordham, Bronx

MLS® #RLS20110610

RLS at REBNY

Listing by Bohemia Realty Group LLC

5
Bedrooms
2
Baths
N/A
Sq. Ft.
1931
Year Built

Quick Summary

Bedrooms 5
Bathrooms 2
Year Built 1931
Ownership None
Property Taxes $257/yr
Neighborhood Fordham

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Ownership None
Total Rooms 6
Baths 2 Full
Pets Yes
Cross Street Bristow Street/Chisholm Street
Year Built 1931
Architectural Style Prewar,WalkUp
Parcel # 02972-0060
Block/Lot 2972/0060

Listing History

Event Date Price Change
Listed Aug 14, 2026 $1,325,000 -
Currently Aug 22, 2026 $1,325,000 -

Description

FOR SALE | 861 FREEMAN STREET | BRONX, NY Asking $1,325,000 Investment opportunity in the Foxhurst section of the Bronx: a three-story mixed-use walkup featuring two spacious 6-bedroom residential units and two ground-floor commercial spaces. The property offers strong in-place income with additional upside, plus approximately 4,873 SF of available air rights (as-of-right). Property Highlights: 2 residential units | Each 6BR/1BA 2 commercial spaces 3,930 SF existing building 30' x 85' lot R7-1 zoning Approx. 8,803 buildable SF as-of-right Approx. 4,873 SF available air rights Just a 3-minute walk to the Freeman Street 2 & 5 trains Convenient access to the Bruckner and Cross Bronx Expressways and Sheridan Boulevard With established residential income, commercial upside, and additional development potential, 861 Freeman Street presents an opportunity for investors looking for both current cash flow and long-term value. Exclusively Listed by Bohemia Realty Group

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 3
Style Prewar,WalkUp

Financial Details

RE Taxes $257/yr ($21/mo)

Fordham centers on the Grand Concourse and Fordham Road, one of the Bronx's busiest commercial corridors, with six-story Art Deco apartment buildings, prewar walk-ups, and brick rowhomes lining the surrounding residential streets. The B and D trains at Fordham Road, the 4 train on the Jerome Avenue Line, and Metro-North at Fordham Station provide multiple transit options. The New York Botanical Garden's 250 acres and the Bronx Zoo border the neighborhood, and Fordham University's Gothic campus occupies the historic Rose Hill Manor at its center.

Fordham Live Market Data

View Neighborhood

Active Listings

10

Median Asking Price

$235K

Median $/Sqft

$361

Avg Days on Market

N/A

New This Week

1

Price Reduced

80%

Sold (30 Days)

0

Median Sale Price

$670K

Live data from RLS at REBNY • Updated 8/22/26, 5:36 AM EST

Recently Sold in Fordham

View All

Location

Loading map...

861 Freeman Street, Fordham, Bronx County • Near Bristow Street/Chisholm Street

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
2
Residential Units
R7-1
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $52,320
Land Value: $5,100
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,550 SF
Building Area: 3,930 SF
Built FAR: 1.54
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $257, or roughly $21 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20110610
First Listed: 8/22/2026
On Market: 8/14/2026
Price Changed: 8/22/2026
Contract Date: 8/14/2026

Listing Courtesy of Bohemia Realty Group LLC - Austin Oakes

Listing Contact: (646) 630-0923

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/22/2026 at 9:36 AM UTC

See it in person

Fordham Market Update

0 sales last 30 days · $235K median · N/A supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Fordham Borough Bronx
County Bronx
Year Built 1931
First Listed 8/22/2026
Style Prewar,WalkUp
Annual Tax $257

Monthly Costs Estimate

Down Payment 20%

$265,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $21
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$13,250

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

Back to Search

Find more properties

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email