323 Concord Avenue, Bronx, NY 10454
- Added:
- Apr 13, 2026
- Days on Market:
- 69
- Last Refresh:
- Jun 20 at 11:06 am
Property Features for 323 Concord Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- M1-2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 2
- Interior features
- A/C Unit - Window, Microwave, Refrigerator, Stove, Window Treatments
- Standard status
- Active
- Size
- 2,148 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3997
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Yat Chi (Stanley) Ng (646) 828-6378
Listing office Remax Top Nest Real Estate 2303 Avenue Z, Brooklyn, NY (646) 828-6378
Listing date Apr 13, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Three‑family residence built in 1910 with brick construction and a flat roof
- All units fully leased, supporting an indicated 5% cap rate
- Units feature upgraded kitchens with appliances including a refrigerator, stove, and microwave
- Interior includes window A/C units and window treatments
- Flooring includes tile and hardwood
- Located in Mott Haven near Bronx waterfront dining and cultural venues, with nearby 2, 5, and 6 train access
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 | $82.5k | $38.40 |
| − Vacancy | −$4.5k | −$2.11 |
| EGI | $77.9k | $36.29 |
| − OpEx | −$23.4k | −$10.89 |
| NOI | $54.6k | $25.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.91093
- Latitude
- 40.806949
