4121 Grace Avenue, Bronx, NY 10466
Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
4121 Grace Avenue,Bronx, NY 10466
$705,000
- 3 Beds
- 2 Baths
- 1,417 sq. ft.
- Multi-family
- Active
Listed by: thomas j. santore
Office: coldwell banker realty
MLS#:973104
Source:OneKey MLS
Price summary
- Price:$705,000
- Price per sq. ft.:$497.53
About this home
Nestled in the Wakefield neighborhood of the Bronx, 4121 Grace Avenue is a charming two-family brick home that seamlessly blends timeless character with modern-day potential. Constructed in 1940, this single-story residence offers 1,417 square feet of living space on a 2,375-square-foot lot, presenting a rare opportunity for both homeowners and investors alike. Its classic brick exterior reflects the durability and craftsmanship of its era, while the layout inside provides flexibility that meets today’s evolving housing needs. The home is configured as a two-family property, featuring separate living spaces that allow for a variety of uses. Whether you’re a buyer looking to offset your mortgage with rental income, an investor seeking a solid addition to your portfolio, or a homeowner planning for multi-generational living, this property checks all the boxes. Each unit offers its own sense of privacy while still being part of a cohesive structure, creating a balance between independence and connection. Inside, the home carries a sense of warmth and practicality. While it maintains elements of its original charm, it also offers a canvas for updates and customization. This is the kind of property where a buyer can move in and enjoy it as-is, or gradually modernize it to match their vision. From reimagining kitchens and baths to enhancing living areas, the potential to add value is clear. For those with an eye for design or long-term investment, this home represents an opportunity to build equity over time. The lot itself, though modest in size, is manageable and functional—ideal for homeowners who prefer low maintenance without sacrificing outdoor space. Whether used for a small garden, outdoor seating, or simply as a private retreat, it adds to the overall livability of the property. In a neighborhood like Wakefield, where space is at a premium, even a compact yard can significantly enhance day-to-day life. Location is where this property truly stands out. Wakefield is known for its strong sense of community, tree-lined streets, and a quieter residential feel compared to other parts of the Bronx. Yet, it remains incredibly well-connected. The home is approximately half a mile from the Nereid Avenue subway station, providing access to the 2 and 5 trains. This makes commuting into Manhattan or navigating other parts of New York City both convenient and reliable—an essential factor for today’s buyers. Beyond transportation, the surrounding area offers a wide range of amenities. Residents enjoy proximity to local shops, restaurants, parks, and schools, all contributing to a neighborhood that feels both established and vibrant. Wakefield has long been appreciated for its balance—offering the energy of city living without sacrificing a sense of neighborhood identity. It’s a place where people tend to stay, invest, and build long-term roots. For buyers thinking strategically, the two-family setup opens doors beyond just living space. It creates an income-producing opportunity in a market where that flexibility is increasingly valuable. Whether renting out one unit to help cover expenses or housing extended family while maintaining separate quarters, the possibilities are both practical and financially beneficial. In summary, 4121 Grace Avenue is more than just a property—it’s an opportunity. It combines the enduring appeal of a well-built 1940 brick home with the versatility of a two-family layout and the convenience of a prime Bronx location. With solid bones, income potential, and access to transportation and community amenities, it stands as a compelling option for buyers who understand value when they see it. In a market where flexibility and location are key, this home continues to prove why Wakefield remains one of the Bronx’s most enduring and desirable neighborhoods....
Contact an agent
Home facts
- Year built:1940
- Listing ID #:973104
- Added:44 day(s) ago
- Updated:May 02, 2026 at 10:47 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Finished, Full, Walk-Out Access
- Living area:1,417 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1940
- Building area:1,417 sq. ft.
- Lot area:0.05 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$705,000
- Price per sq. ft.:$497.53
- Tax amount:$4,911 (2024)
Features and amenities
- Amenities:Granite Counters
Parking
- Total parking spaces:2
- Parking description:Driveway, Garage
- Garage:Yes
- Garage spaces:1
New listings near 4121 Grace Avenue
- New
$450,000Active1 beds 1 baths850 sq. ft.2400 Johnson Avenue #10F, Bronx, NY 10463
MLS# 989581Listed by: ERA INSITE REALTY SERVICES - Open Sun, 1:45 to 2:45pmNew
$429,000Active2 beds 1 baths1,100 sq. ft.4555 Henry Hudson Parkway #A908, Bronx, NY 10471
MLS# 993879Listed by: DOUGLAS ELLIMAN REAL ESTATE - New
$380,000Active2 beds 1 baths829 sq. ft.1604 Metropolitan Avenue #3F, Bronx, NY 10462
MLS# 993881Listed by: AZAD REALTY USA, INC. - New
$480,000Active3 beds 2 baths1,300 sq. ft.4445 Post Road #7D, Bronx, NY 10471
MLS# 992092Listed by: BROWN HARRIS STEVENS - Coming Soon
$999,000Coming Soon7 beds 3 baths1346 Elder Avenue, Bronx, NY 10472
MLS# 992194Listed by: CORCORAN LEGENDS REALTY - New
$948,000Active4 beds 4 baths3,068 sq. ft.288 Zerega Avenue, Bronx, NY 10473
MLS# 993809Listed by: WINZONE REALTY INC - New
$899,999Active5 beds 3 baths951 E 221st Street, Bronx, NY 10469
MLS# 993745Listed by: MAGIC OF GREAT NECK REALTY INC - New
$550,000Active-- beds -- baths880 sq. ft.151 Summit Place, Bronx, NY 10463
MLS# 993747Listed by: KELLER WILLIAMS REALTY GROUP - Open Sat, 11am to 1pmNew
$899,000Active5 beds 2 baths1,395 sq. ft.1218 Havemeyer Avenue, Bronx, NY 10462
MLS# 988073Listed by: CHARLES RUTENBERG REALTY, INC. - New
$266,000Active2 beds 1 baths975 sq. ft.8 Fordham Hill Oval #10B, Bronx, NY 10468
MLS# 989306Listed by: CHARLES RUTENBERG REALTY, INC.
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.