1723 Melville Street, Bronx, NY 10460
- Added:
- Apr 26, 2026
- Days on Market:
- 56
- Last Refresh:
- Jun 20 at 5:06 am
Property Features for 1723 Melville Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 2, Basement, Bathroom 1, Bedroom 3
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Walk-In Closet(s)
- Basement
- Partially Finished
- Standard status
- Pending
- APN
- 04019-0022
- Size
- 2,100 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5999
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Frame
Listing agent Paul Magyar License #10401271927 (914) 843-8266
Listing office Exit Realty Group 985 Allerton Ave., Bronx, NY (718) 319-8500
Listing date Apr 26, 2026
Copyright © 2026 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.
HighLights
- Fully detached 2‑family home built in 1910 with multiple bedrooms and bathrooms across two floors
- Main floor includes 4 bedrooms and 1 full bathroom, plus an eat‑in kitchen
- Top floor features 4 bedrooms and 1 full bathroom, with a living/dining area and bonus room
- Semi‑finished basement with potential for recreation space, storage, and laundry area
- Private backyard and cable available; public water and public sewer
- Heating by oil; cooling via window and wall/window unit(s); on‑street parking
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.6k | $38.40 |
| − Vacancy | −$4.4k | −$2.11 |
| EGI | $76.2k | $36.29 |
| − OpEx | −$22.9k | −$10.89 |
| NOI | $53.3k | $25.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.870205
- Latitude
- 40.842051
