4615 Furman Avenue, Bronx, NY 10470
Multi-Unit (2-4) - Bronx, NY
- Added:
- Jan 9, 2026
- Days on Market:
- 151
- Last Refresh:
- Jun 9 at 2:06 am
Property Features for 4615 Furman Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 100
- Bedrooms
- 8
- 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
- APN
- 2-05087-0020
- Size
- 3,560 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7375
Building Details
- Year built
- 1930
- Year renovated
- 1930
- Floors in Building
- 3
- Architectural style
- Other
Listing agent Raymond Mordekhai (718) 820-1200
Listing office Forest Park Properties Inc. 185 Great Neck Road Suite 431, GREAT NECK, NY (718) 820-1200
Listing date Jan 9, 2026
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
- Development site with R7D zoning and Inclusionary Housing bonuses allowing a FAR of 5.6 and max buildable SF of 18,598.
- Located near White Plains Road, offering convenient access to bus and subway transportation (1 block away).
- Offered at approximately $490 per buildable SF.
- Lot size of 3,321 SF with dimensions of approximately 37' x 90'.
- Currently improved by a brick 3‑family building.
- Includes a garage.
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 | $136.7k | $38.40 |
| − Vacancy | −$7.5k | −$2.11 |
| EGI | $129.2k | $36.29 |
| − OpEx | −$38.8k | −$10.89 |
| NOI | $90.4k | $25.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.850426
- Latitude
- 40.902139
