Welcome to 1965 Pilgrim Avenue, an income-producing property located in the heart of Pelham Bay. This property presents an excellent opportunity for an investor or owner occupant looking to generate rental income while owning real estate in one of the Bronx's most established residential neighborhoods. The property offers spacious living accommodations with hardwood floors, generous room sizes, updated living spaces and excellent income potential. Conveniently located near shopping, restaurants, schools, public transportation and major highways, providing easy access throughout the Bronx and into Manhattan. With strong existing rental income and a desirable Pelham Bay location, 1965 Pilgrim Avenue offers buyers the opportunity to acquire a versatile income-producing property with long-term investment potential. Whether adding to an existing portfolio or looking for a property that can help offset the cost of ownership, this is an opportunity worth exploring.
Listing by Brown Harris Stevens Residential Sales LLC
Around this home
Schools
K - 12
Preschool & daycare
PS 71 Rose E Scala
Public K-8 • Assigned • 0.4mi
7/10
Provided by GreatSchools
About Pelham
Bay
Pelham Bay, located between Eastchester Bay and Pelham Parkway, is a waterfront and park-rich New York neighborhood with salt-air breezes and broad, tree-lined streets. The neighborhood’s character concentrates around Westchester Avenue near Middletown Road, where corner bakeries, long-running trattorias, and small markets set a steady, local rhythm. Split-levels and brick colonials sit beside mid-century co-ops, with tidy yards and driveways that feel suburban in scale. Pelham Bay Park frames daily routines with marsh trails, ballfields, and shoreline views. Community pillars include the Bartow-Pell Mansion Museum, the Bronx House of Worship, and the historic City Island Bridge gateway. The 6 train at Pelham Bay Park station anchors commutes while the waterfront keeps the pace unhurried.
Provided by Walk Score and Local Logic
Market insights
1965 Pilgrim Ave · $849,000
DAYS ON MARKET
30 days
The average home goes pending in 41 days.
SALE-TO-LIST
97.8%
Most homes are selling 2% below list price.
LIST PRICE
$849,000
Median list price in this area is $946,827. (12% higher than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Finished full basement with walk-out access
Scuttle attic
Other interior features
Heating & cooling
Natural gas heating
Other heating
No central cooling
Exterior features
Frame construction
Not waterfront
No additional parcels
Home design
Duplex
Parking
On-street parking
No carport
Construction
Frame construction
Utilities
Electricity connected (Con-Edison)
Natural gas connected
Public sewer
Public water connected
Public trash collection
Electricity and solar
View estimated energy costs and solar savings for this home