1392 Commonwealth Avenue, Bronx, NY 10472

• 6 beds |
• 3 baths |
• 1,920 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 10, 2026 at 11:20PM

Listing Office:

Z Squared Realty Group : 919-637-3842

MLS ID:

996477

Interior

• General: Other
• Basement: Finished
• A/C: Wall/Window Unit(s)
• Heating: BaseboardOilOther

Exterior

• Parking: On Street

Location

• Originating MLS: onekey2
• School District: Contact Agent
• County: Bronx County

Lot

• Zoning: 03875-0040

Utilities

• Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedTrash Collection PublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2