Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1762 Topping Ave Bronx, NY 10457

    Sponsored
    Picture of Residential land & home lots at Topping Ave 1762, Bronx, NY
    For Sale
    $1,049,000

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.04 Acres
    Days on Market:
    7
    Last Refresh:
    Feb 22 at 7:06 pm

    Property Features for 1762 Topping Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 3, Basement, Bedroom 4, Bedroom 1
    Bedrooms
    4
    APN
    02799-0017
    Interior features
    First Floor Bedroom
    Basement
    Full
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1899
    Number of units
    2
    Building materials
    Brick

    We can help!

    Listing Contact
    Benjamin Yousefzadeh

    Expert Homes NY (646) 584-2077

    Listing agent Benjamin Yousefzadeh (212) 257-2119

    Listing date Feb 16, 2026

    MLS# 948712

    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.

    Learn more

    Property Insight Report

    Overview

    Bronx Two-Family Brownstone Renovation Project

    This vacant brick attached two-family brownstone is located in the Mount Hope section of the Bronx. The building has been fully gutted and is ready for renovation, presenting an opportunity for developers and investors. The property has R7-1 Zoning. The building size is 20' x 61', situated on a lot size of 20' x 95', which is approximately 0.0436 acres. Approved plans to convert the property into 8 free market apartments are included in the sale. This property is being sold AS-IS ONLY, with cash or hard money offers preferred. It represents a development opportunity in a rapidly growing Bronx neighborhood characterized by strong rental demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.90539
    Latitude
    40.845813

    Nearby Similar for Sale

    • New
      $875,000
      0.06 Acres

      Bronx SRO Investment Opportunity

      Detached 13-unit SRO in Van Nest section of the Bronx.
      376 Bronx Park Ave, Bronx, NY 10460
      View Details
    • $990,000
      1,836 SF

      Well-Maintained Bronx Duplex For Sale

      Legal 2-family home with income potential and move-in readiness.
      1570 Paulding Ave, Bronx, NY 10462
      View Details
    • $1,399,000
      Pending

      Renovated Multi-Family Home, Bronx

      Meticulously renovated multi-family brick home in Pelham Bay.
      1711 Mahan Ave, Bronx, NY 10461
      View Details
    • $839,000
      0.06 Acres

      Bronx Two-Family Brick Residence

      Two-family brick residence in the Pelham Parkway area of the Bronx.
      806 Waring Ave, Bronx, NY 10467
      View Details
    • $775,000
      Pending

      Refreshed Bronx Two-Family Home

      Two-family home in Williamsbridge area, move-in ready, income potential.
      3650 Olinville Ave, Bronx, NY 10467
      View Details
    • $1,290,000
      0.17 Acres

      Bronx Retail Property For Sale

      Retail property available for purchase in the Bronx, New York.
      1506 Bronxdale Ave, Bronx, NY 10462
      View Details
    • $2,600,000
      4,150 SF

      Mixed-Use Building on White Plains Road

      Mixed-use building with income potential near Parkchester and the 6 Train.
      1406 White Plains Rd, Bronx, NY 10462
      View Details
    • $810,000
      Pending

      Bronx Two-Family Home with Garage

      Well-maintained two-family home in the Bronx with investment potential.
      820 Penfield St, Bronx, NY 10470
      View Details
    • $1,295,000
      0.06 Acres

      Renovated Two-Family Home, Move-In Ready

      Fully renovated two-family home with modern upgrades and income potential.
      2916 Heath Ave, Bronx, NY 10463
      View Details
    • $1,050,000
      0.16 Acres

      Riverdale Multifamily Investment Opportunity

      Multifamily home with income potential in prime Riverdale location.
      3650 Waldo Ave, Bronx, NY 10463
      View Details
    • $1,299,000
      Pending

      Bronx Triplex on Rosedale Avenue

      Vacant triplex on a large R5 zoned lot in Bronx.
      1517-1519 Rosedale Ave, Bronx, NY 10460
      View Details
    • $1,148,000
      0.06 Acres

      Two-Family Home in Country Club

      Spacious two-family home with extra living space in the Bronx.
      926 Vincent Ave, Bronx, NY 10465
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Vacant, gutted two-family brownstone with approved plans for eight apartments.
    Where is this residential land & home lot located?
    The property is located at 1762 Topping Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: - Approved plans to convert to 8 free market apartments included in the sale.; - Prime development opportunity in a rapidly growing Bronx neighborhood with strong rental demand.; - R7-1 Zoning allows for multi-family development.
    (212) 257-2119
    Request Owner's contact information
    1762 Topping Ave Bronx, NY 10457
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1762 Topping Ave
    Bronx, NY 10457
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1762 Topping Ave Bronx, NY 10457
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Benjamin Yousefzadeh
    (212) 257-2119 (212) 257-2116
    Learn more
    Google sign-in failed. Please try again or use another login method.