Two-Family House for Sale – Clason Point, Bronx, NY 10473

Two-family house for sale at 635 St Lawrence Ave in the Clason Point section of the Bronx. Built in 1925 on a 24.5 x 100 lot (2,450 sq ft), with approximately 1,760 sq ft of living space, a 2-car garage, a large paved rear yard with additional off-street parking, and a full semi-finished basement.

Layout: two apartments – a 2-bedroom, 1-bath apartment on the second floor and a 3-bedroom, 1-bath apartment on the first floor. Gas heat; tenants pay their own electric and cooking gas.

Income and expenses: sold occupied, with both apartments leased through 2027. The 2-bedroom is occupied at $2,816/mo and the 3-bedroom at $3,596/mo – $76,944 a year. Annual property taxes approximately $6,591; annual insurance approximately $3,268. At the asking price the property shows about a 7.25% cap rate.

Building: legal two-family (DOB Letter of No Objection, 2026), 2 stories. Zoning R5 (Block 3556 / Lot 48).

Location: Bx27 bus nearby to the 6 train at Morrison Av–Soundview; minutes to the NYC Ferry at Soundview for a direct ride to Manhattan; quick access to the Bruckner Expressway and Bruckner Blvd shopping.

Exclusive listing with Mena Realty Homes Corp. Showings by appointment only – call 347-766-6362 or email office@menarealty.com.

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