Colonial-Style
New
For Sale
$990,000
1019 E 217th Street, Bronx, NY 10469
The residence has five bedrooms, three full bathrooms, a formal dining room and an eat-in kitchen.
Property Size1,934 SF
Price / SF$511.89
Days on Market5
Property Features for 1019 E 217th Street
General Information
Standard status
Active
Size
1,934 SF
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$5,720
Building Details
Building Size
1,934 SF
Year Built
1915
Construction
Colonial Style
Listing Agency:
Island Advantage Realty LLC
Listed By:
Todd A. Yovino · License #49YO0956714
(631) 351-6000
Source:
Shawmetro
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 11 at 12:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Island Advantage Realty LLC
Investment Insights
Based on property information with market context.
This Colonial-style triplex includes five bedrooms and three full bathrooms. Interior features include a formal dining room and an eat-in kitchen. The property was built in 1915.
Key Highlights
- Five bedrooms and three full bathrooms
- Formal dining room and eat‑in kitchen
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,127
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$982,540
$982.5K
Cap Rate 7%
$701,814
$701.8K
Cap Rate 9%
$545,856
$545.9K
Market Conditions
NOI Build-Up for 1,934 SF
Gross rent
$74.3K $38.40/SF
− Vacancy
−$4.1K −$2.11/SF
EGI
$70.2K $36.29/SF
− OpEx
−$21.1K −$10.89/SF
NOI
$49.1K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$982,540
Cap Rate 7%
$701,814
Cap Rate 9%
$545,856
Alternative Uses
Best Use
Multifamily LT 5
$701.8K
$614.1K – $818.8K
NOI $49,127 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$635.6K
$556.1K – $741.5K
NOI $44,489 @ 7.0% cap · market cap 4.49%
Theoretical Best
Warehouse
$1.34M
$1.17M – $1.56M
NOI $93,809 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,508
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The residence has five bedrooms, three full bathrooms, a formal dining room and an eat-in kitchen.
Where is this triplex located?
The property is located at 1019 E 217th Street Bronx, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Five bedrooms and three full bathrooms; Formal dining room and eat‑in kitchen; Built in 1915
