2884 Valentine Avenue, Bronx, NY 10458
- Added:
- May 9, 2025
- Days on Market:
- 408
- Last Refresh:
- Jun 20 at 1:06 am
Property Features for 2884 Valentine Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- Size
- 2,310 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Building Details
- Architectural style
- Other
Listing agent Jessica Akde-Elmazi (212) 913-9058
Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY (646) 982-0353
Listing date May 9, 2025
Copyright © 2026 My State 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
- 4 rent‑stabilized units at 2884 Valentine Ave, Bronx, NY 10458
- Garage parking available
- Property includes 5 bedrooms (Bedroom 1–Bedroom 5)
- Property includes 5 bathrooms (Bathroom 1–Bathroom 5)
Overview
Located at 2884 Valentine Avenue in the Bronx, the building is described as well-located with convenient access to public transportation. The surrounding area is also noted for nearby shopping and dining, which can be a practical consideration for tenant retention and day-to-day convenience.
As a result, this property may fit investors and buyers seeking a small multifamily asset with rent-stabilized units already in place. Because the listing specifically states there are four rent-stabilized units, underwriting and planning can start from that existing operating profile. Buyers who prefer a walk-up multifamily structure should also evaluate how the building’s layout and unit count align with their target strategy for managing a compact residential portfolio.
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 | $88.7k | $38.40 |
| − Vacancy | −$4.9k | −$2.11 |
| EGI | $83.8k | $36.29 |
| − OpEx | −$25.1k | −$10.89 |
| NOI | $58.7k | $25.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.888663
- Latitude
- 40.870039
