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Bronx Multifamily Investment Opportunity

789 Jennings Street, Bronx, NY 10459

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For Sale

$1,299,000

MULTI_FAMILY - Bronx, NY

Lot size:

0.08 Acres

HighLights

Well‑maintained legal 3‑family built in 2006 with brick construction and spacious unit layouts
Current rent roll of $9,730/month with over a 7.5% cap rate (per public remarks)
Unit mix: two 3BR/2BA units at $3,550 and $3,580; one 2BR/1BA unit at $2,600
Each unit pays its own utilities; utilities include cable availability, with public water and public sewer
Updates include 2 kitchens, solar panels (3 years old), and a full basement with OSE and laundry
Heating and cooling: natural gas heat; wall/window and window A/C units; on‑street parking

We can help!

Contact an agent

Theresa Maniscalchi

For Sale

$1,299,000

MULTI_FAMILY - Bronx, NY

Lot size:

0.08 Acres

Added:: Apr 7, 2026
Days on Market:: 82
Last Refresh:: Jun 27 at 4:06 pm

Property Features for 789 Jennings Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 5
Rooms: Bathroom 3, Bedroom 7, Basement, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 8, Bedroom 4, Bedroom 2
Parking features: On Street
Interior features: First Floor Bedroom, First Floor Full Bath
Basement: Full
Standard status: Active
APN: 02963-0040
Lot size: 0.08 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 2222

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Natural Gas
Cooling system: Wall/Window Unit(s), Window Unit(s)
Water source: Public

Building Details

Year built: 2006
Number of units: 3
Flooring type: Laminate, Hardwood
Building materials: Brick

We can help!

Contact an agent

Theresa Maniscalchi

Listing agent Theresa Maniscalchi

Listing office LAFFEY REAL ESTATE 215 Main St, Greenvale, NY

Listing date Apr 7, 2026

MLS# 981881 Listing URL

HighLights

Well‑maintained legal 3‑family built in 2006 with brick construction and spacious unit layouts
Current rent roll of $9,730/month with over a 7.5% cap rate (per public remarks)
Unit mix: two 3BR/2BA units at $3,550 and $3,580; one 2BR/1BA unit at $2,600
Each unit pays its own utilities; utilities include cable availability, with public water and public sewer
Updates include 2 kitchens, solar panels (3 years old), and a full basement with OSE and laundry
Heating and cooling: natural gas heat; wall/window and window A/C units; on‑street parking

Overview

Located at 789 Jennings Street in the Bronx, this is a well-maintained, legal 3-family property constructed in 2006. The building generates a strong rent roll of $9,730 per month, yielding over a 7.5% cap rate. Each unit features a spacious layout and ample natural light. Tenants are responsible for their own utility expenses. Recent updates include renovations to two kitchens and the installation of solar panels three years ago. The property also includes a full basement with an outside entrance and laundry facilities. The lot size is 0.0758 acres. The unit breakdown is as follows: a 3-bedroom, 2-bathroom unit renting for $3,550; a 3-bedroom, 2-bathroom unit renting for $3,580; and a 2-bedroom, 1-bathroom unit renting for $2,600. The property is conveniently located near public transportation, providing easy access to Manhattan. This property presents a great investment opportunity.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Bronx
County: Bronx
State: New York
Longitude: -73.896243
Latitude: 40.83217

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For sale
Triplexes
NY
Bronx
10459
789 Jennings Street

What type of property is this?

Triplex - Well-maintained 3-family property in the Bronx with strong rental income.

Where is this triplex located?

The property is located at 789 Jennings Street Bronx, NY.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: Well‑maintained legal 3‑family built in 2006 with brick construction and spacious unit layouts; Current rent roll of $9,730/month with over a 7.5% cap rate (per public remarks); Unit mix: two 3BR/2BA units at $3,550 and $3,580; one 2BR/1BA unit at $2,600

789 Jennings Street, Bronx, NY 10459

MULTI_FAMILY - Bronx, NY

Property Features for 789 Jennings Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property in Bronx, NY

Established Laundromat Business For Sale

Bronx Retail Investment Opportunity

Spacious Two-Family Bronx Property

Industrial Auto Repair Warehouse

Renovated Two-Family Brick Home

Charming Bronx Multi-Family Home

Retail Storefront Redevelopment Opportunity

Pelham Parkway Two-Family Home

Renovated Duplex Residence with Backyard

Spacious Bronx Two-Family Home

Bronx Two-Family Home For Sale

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