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Attached 4-Unit Quadplex
For Sale
$825,000
Pending

741 E 213th Street, Bronx, NY 10467

Residential Income, Bronx, NY

Property Size3,154 SF
Days on Market946

Property Features for 741 E 213th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 3
Subdivision Williamsbridge
High school district 000000
Standard status Pending
Size 3,154 SF

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Geoffrey Weiss · License #10301223128
Added: Mar 5, 2024 Changed: Oct 7 Last Checked: Oct 7 at 8:06PM
MLS# 11389121

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.

Investment Insights

Based on property information with market context.

This attached quadplex contains 3,154 square feet and is configured as a four-family residential property. The recorded room count includes six bedrooms and four bathrooms, providing a defined multifamily layout for residential income use.

The property is located at 741 E 213th Street in the Bronx, NY 10467. Its attached configuration and four-unit designation establish a compact multifamily asset within the Bronx market.

Key Highlights

  • Attached four‑family property
  • 3,154 square feet
  • Six bedrooms and four bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,632
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,640 $1.4M
Cap Rate 7%
$980,457 $980.5K
Cap Rate 9%
$762,578 $762.6K
Market Conditions
NOI Build-Up for 3,154 SF
Gross rent
$132.5K $42.00/SF
− Vacancy
−$7.7K −$2.44/SF
EGI
$124.8K $39.56/SF
− OpEx
−$56.2K −$17.80/SF
NOI
$68.6K $21.76/SF
Area
ZIP 10467
Vacancy
5.80%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,640
Cap Rate 7%
$980,457
Cap Rate 9%
$762,578

Alternative Uses

Best Use
Multifamily LT 5
$1.10M
$959.9K – $1.28M (±1% cap)
NOI $76,792 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$980.5K
$857.9K – $1.14M (±1% cap)
NOI $68,632 @ 7.0% cap · market cap 8.32%
Theoretical Best
Warehouse
$2.19M
$1.91M – $2.55M (±1% cap)
NOI $152,985 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Acupuncture Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,419
Businesses Nearby

Demographics for 10467, NY

103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-family residential property with six bedrooms and four bathrooms in the Bronx.
Where is this quadplex located?
The property is located at 741 E 213th Street Bronx, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Attached four‑family property; 3,154 square feet; Six bedrooms and four bathrooms
More about this property
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