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Welcome to 1068 Walton Avenue, a meticulously restored 1899 brick townhouse offering 3, 150 square feet of light-filled living space on a 2, 000-square-foot lot, perfectly positioned one block from the historic Grand Concourse. This rare three-story residence seamlessly blends 19th-century architectural character with turnkey contemporary design, featuring refinished hardwood floors, high ceilings, generous windows, and a curated neutral palette throughout. A striking red entrance framed by black iron railings and stone steps welcomes you into a home where every finish has been thoughtfully considered. Configured as a legal three-unit property featuring a three-bedroom, one-bath unit over a three-bedroom, one-bath unit over a two-bedroom, one-bath unit, plus a full basement for additional storage, utility, or flex space, the layout unlocks exceptional possibilities — owner-occupy and offset your mortgage with rental income, accommodate multi-generational living with full privacy between floors, create a live/work setup, or hold as a pure three-unit investment in a high-demand South Bronx submarket. The bright kitchen features white cabinetry, a full stainless steel appliance package including gas range, dishwasher, and refrigerator, and a generous wood island with seating — built for both everyday living and entertaining. Bathrooms throughout carry a clean, timeless design language with white subway tile and modern fixtures. The standout feature is the private landscaped garden — a true rarity in New York City. Mature trees, natural stone pathways, paved entertaining areas, and decorative garden walls create a tranquil outdoor sanctuary perfect for dining al fresco, gardening, or simply unwinding. Located one block from the Grand Concourse Historic District — recently revitalized through a $450 million city-led streetscape reconstruction — residents enjoy walking access to the Bronx Museum of the Arts, Yankee Stadium, Joyce Kilmer Park, and Franz Sigel Park. Transit options are exceptional: the 4, B, and D trains at 161st Street–Yankee Stadium deliver you to Midtown in roughly 20 minutes, Metro-North's Hudson Line at Yankees–E. 153rd Street reaches Grand Central in about 15 minutes, and the Bx1, Bx2, Bx6, Bx13, and BxM4 buses serve the neighborhood. For drivers, the Major Deegan Expressway provides quick connections throughout the metro area. For the investor-minded buyer, the fundamentals are compelling: a substantial lot by NYC standards, zoning that permits flexibility for future improvement or expansion, and a surrounding neighborhood in the middle of a documented, sustained renaissance. Whether the strategy is long-term hold, multi-unit rental, owner-occupancy with income, or eventual redevelopment, 1068 Walton Avenue offers a foundation that rewards every play. Turnkey 1899 townhouse, three units totaling eight bedrooms and three baths, plus a full basement, private garden, and prime location — properties like this come to market once a season. Schedule your private showing today.
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Our Executive Mortgage Banker:
$1,599,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,279,999 | $1,279,999 | $1,279,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $295 | $295 | $295 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,168 | $7,777 | $10,715 |
| Total Monthly Payment | $7,588 | $8,197 | $11,135 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.