Restored Brick
For Sale
$1,599,999
1068 Walton Ave, Bronx, NY 10452
Legal three-unit townhouse with a private landscaped garden, full basement, and restored historic character.
Property Size3,150 SF
Lot Size0.05 Acres
Price / SF$507.94
Days on Market187
Property Features for 1068 Walton Ave
General Information
Standard status
Active
Size
3,150 SF
Lot size
0.05 Acres
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Amenities
private landscaped garden
full basement
Building Details
Year Built
1899
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Locqube New York, Inc.
Listed By:
Jeffrie Pena · License #10401261474
(347) 657-1114
Source:
Searchhomesinlongisland
Added: Apr 13
Changed: Oct 1
Last Checked: Oct 14 at 11:15PM
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 Locqube New York, Inc.
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Investment Insights
Based on property information with market context.
This restored 1899 brick townhouse contains 3,150 square feet across three stories on a 2,000-square-foot lot. The legal triplex includes a three-bedroom, one-bath residence, a second three-bedroom, one-bath residence, and a two-bedroom, one-bath residence, with a full basement for storage, utilities, or flexible use. Refinished hardwood floors, high ceilings, large windows, neutral finishes, stainless steel appliances, and updated bathrooms carry throughout the property.
Outdoor space is a defining feature, with a private landscaped garden featuring mature trees, stone paths, paved areas for entertaining, and decorative garden walls. The property is located one block from the Grand Concourse Historic District, with the Bronx Museum of the Arts, Yankee Stadium, Joyce Kilmer Park, and Franz Sigel Park within walking access. The 4, B, and D trains are available at 161st Street–Yankee Stadium, while Metro-North service operates from Yankees–E. 153rd Street.
Outdoor space is a defining feature, with a private landscaped garden featuring mature trees, stone paths, paved areas for entertaining, and decorative garden walls. The property is located one block from the Grand Concourse Historic District, with the Bronx Museum of the Arts, Yankee Stadium, Joyce Kilmer Park, and Franz Sigel Park within walking access. The 4, B, and D trains are available at 161st Street–Yankee Stadium, while Metro-North service operates from Yankees–E. 153rd Street.
Key Highlights
- 3,150 square feet across three stories on a 2,000‑square‑foot lot
- Legal three‑unit configuration: 3‑bedroom, 1‑bath; 3‑bedroom, 1‑bath; and 2‑bedroom, 1‑bath units
- Restored 1899 brick townhouse with refinished hardwood floors and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,694
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,880
$1.5M
Cap Rate 7%
$1,095,629
$1.1M
Cap Rate 9%
$852,156
$852.2K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$117.2K $37.20/SF
− Vacancy
−$7.6K −$2.42/SF
EGI
$109.6K $34.78/SF
− OpEx
−$32.9K −$10.43/SF
NOI
$76.7K $24.35/SF
Area
ZIP 10452
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,533,880
Cap Rate 7%
$1,095,629
Cap Rate 9%
$852,156
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$958.7K – $1.28M
NOI $76,694 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$1.01M
$884.1K – $1.18M
NOI $70,728 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,586 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,919
Businesses Nearby
Explore this area
Business Placement
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Legal three-unit townhouse with a private landscaped garden, full basement, and restored historic character.
Where is this triplex located?
The property is located at 1068 Walton Ave Bronx, NY.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: 3,150 square feet across three stories on a 2,000‑square‑foot lot; Legal three‑unit configuration: 3‑bedroom, 1‑bath; 3‑bedroom, 1‑bath; and 2‑bedroom, 1‑bath units; Restored 1899 brick townhouse with refinished hardwood floors and high ceilings
