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    1423 Edwards Ave Bronx, NY 10461

    For Sale
    $799,999

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.04 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 8:06 am

    Property Features for 1423 Edwards Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Basement, Bedroom 2
    Bedrooms
    5
    Bathrooms
    1
    APN
    05370-0046
    Interior features
    First Floor Bedroom
    Basement
    Finished
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Number of units
    2
    Building materials
    Advanced Framing Technique

    Keller Williams Realty NYC Group (718) 697-6800 [email protected]

    Listing agent Rabindranaut Persaud

    Listing date Nov 6, 2025

    MLS# 897123 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bronx Multifamily Investment Opportunity

    This fully occupied multi-family property generates a total monthly rent roll of $7,626, offering consistent income. The property includes three income-producing units: a 3-bedroom apartment on the top floor, a 2-bedroom apartment on the first floor, and a 2-bedroom accessory unit in the basement. The property is being sold with tenants in place, making it suitable for investors seeking immediate rental income. Situated in the Pelham Bay neighborhood, the property is located close to parks, shopping, public transportation, and other local amenities. The lot size is 0.0362 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.837472
    Latitude
    40.838774

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    FAQs

    What type of property is this?
    Multifamily property - Fully occupied triplex in Pelham Bay generating strong rental income.
    Where is this multifamily property located?
    The property is located at 1423 Edwards Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $799,999.
    What are key features of this property?
    This property features: - Strong, consistent monthly rental income of $7,626.; - Turn-key investment property with tenants already in place.; - Located in the highly desirable Pelham Bay neighborhood.
    (646) 895-0136
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    1423 Edwards Ave Bronx, NY 10461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1423 Edwards Ave Bronx, NY 10461
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