Turnkey Multifamily in Van
1727 Van Buren Street, Bronx, NY 10460
- Added:
- Feb 3, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 3 at 12:06 am
Property Features for 1727 Van Buren Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Basement, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 6, Bathroom 2
- Parking features
- On Street
- Exterior features
- Balcony
- Basement
- Full, Partially Finished
- Standard status
- Active
- APN
- 04016-0021
- Size
- 3,000 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6594
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Frame
Listing agent Daniel Shamooil License #10491202124 (877) 943-8676
Listing office Voro LLC 1129 Northern Blvd Ste 404, Great Neck, NY (877) 943-8676
Listing date Feb 3, 2026
MLS# 959317
Listing URL
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
- Turnkey 3‑unit multifamily property offering immediate cash flow potential.
- Gut‑renovated with three fully separate apartments, each with private entrance and fully‑equipped kitchen.
- Prime location: two blocks from 2 & 5 trains and close to Bronx Park, NY Botanical Garden, and Bronx Zoo.
- Two units currently leased, generating a combined income of $6,544/month.
- Flexible options: vacant unit ideal for owner‑occupancy or immediate rental; units can be delivered vacant based on offer.
- Unit 3 features a new kitchen, two king‑size bedrooms, a third full bedroom, and a private terrace.
Overview
This turnkey, 3-unit multifamily property is located in Van Nest, two blocks from the 2 and 5 trains and a short walk to Bronx Park, the NY Botanical Garden, and the Bronx Zoo. The gut-renovated, 2-story home offers 3,000 sq ft across three fully separate apartments, each with a private entrance, fully-equipped kitchen, and updated finishes throughout. Unit 1 is a vacant first-floor unit with one bedroom, one bathroom, a queen-size bedroom, a closet, and a bright, open living room. Unit 2 is a spacious second-floor layout with two bedrooms and one bathroom, leased at $3,000 per month through January 1, 2027, with closets in each bedroom. Unit 3 features three bedrooms and one bathroom, leased at $3,544 per month through August 1, 2026, and includes a new kitchen, two king-size bedrooms, a third full bedroom, a private terrace, and a sun-filled living room. Situated on a lot of 0.0574 acres, this property presents an opportunity for FHA buyers, investors, or end-users seeking immediate cash flow with owner-occupant flexibility. Units can be delivered vacant if needed, based on offer and acceptance from a qualified buyer.
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 | $115.2k | $38.40 |
| − Vacancy | −$6.3k | −$2.11 |
| EGI | $108.9k | $36.29 |
| − OpEx | −$32.7k | −$10.89 |
| NOI | $76.2k | $25.40 |
3,000 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$952.6K – $1.27M
NOI $76,205 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$985.9K
$862.6K – $1.15M
NOI $69,011 @ 7.0% cap · market cap 6.30%
Theoretical Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,515 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.870984
- Latitude
- 40.841685
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Renovated 3-unit property near trains and Bronx Park.
Where is this triplex located?
The property is located at 1727 Van Buren Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Turnkey 3‑unit multifamily property offering immediate cash flow potential.; Gut‑renovated with three fully separate apartments, each with private entrance and fully‑equipped kitchen.; Prime location: two blocks from 2 & 5 trains and close to Bronx Park, NY Botanical Garden, and Bronx Zoo.
