Home Details for 1040 Clay Avenue

Exceptional brownstone six-unit multi-family building offering a rare opportunity for both investors and end users. This well-maintained, rent-stabilized property delivers reliable, long-term income in one of the Bronx’s high-demand rental markets. The building consists of five 1-bedroom apartments and one 2-bedroom apartment, all featuring well-proportioned layouts, excellent natural light, and strong tenant appeal. Regulated rents provide consistent cash flow while preserving long-term value. A fully finished basement with a full bathroom adds valuable bonus space suitable for recreation, storage, or other permitted uses, Conveniently located near public transportation, major highways, shopping, schools, and neighborhood amenities, making this a compelling asset for investors seeking stability, durability, and appreciation potential.

• Basement

  • Finished
  • Storage Space

• Cooling Information

  • Electric

• Heating Information

  • Oil

• Water Features

  • Public

• Utilities

  • See Remarks