Four-Family Income
1094 Longfellow Avenue Bronx, NY 10459
1094 Longfellow Avenue, Bronx, NY, 10459
$1,199,000
For Sale
$1,199,000
Well-maintained four-family building with a finished walk-out basement and a mix of 2-, 1-, and 3-bedroom units.
Property Size3,200 SF
Price / SF$374.69
Days on Market83
Property Features for 1094 Longfellow Avenue
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Quadruplex
Building Details
- Year Built
- 1930
Listing agency
YourHomeSold Guaranteed Realty
(718) 324-6060
Listed by
Bakary Camara · License #40CA1173900
(718) 324-6060
Source
Compass
Added: May 1 Updated: Jul 21 at 6:56AM Checked: Jul 21 at 6:56AM
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 YourHomeSold Guaranteed Realty
Investment Insights
Based on property information with market context.
Well-maintained four-family income property offering a unit mix of two 2-bedroom apartments plus additional 1- and 3-bedroom units. The building includes a fully finished walk-out basement that provides extra interior space.
Located near transportation, shopping, schools, and major highways for everyday convenience. The property is available for sale.
At roughly 3,200 square feet, the building is designed to support multiple household configurations within a single asset.
Located near transportation, shopping, schools, and major highways for everyday convenience. The property is available for sale.
At roughly 3,200 square feet, the building is designed to support multiple household configurations within a single asset.
Key Highlights
- Well‑maintained 4‑family building with a unit mix of two 2‑bedroom units plus additional 1- and 3‑bedroom units
- Finished full walk‑out basement with walk‑out access for added usable space
- Brick exterior and on‑street exterior property feature
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 | $122.9k | $38.40 |
| − Vacancy | −$6.8k | −$2.11 |
| EGI | $116.1k | $36.29 |
| − OpEx | −$34.8k | −$10.89 |
| NOI | $81.3k | $25.40 |
3,200 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.35M
NOI $81,285 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$1.05M
$920.2K – $1.23M
NOI $73,612 @ 7.0% cap · market cap 6.14%
Theoretical Best
Warehouse
$2.22M
$1.94M – $2.59M
NOI $155,216 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-family building with a finished walk-out basement and a mix of 2-, 1-, and 3-bedroom units.
Where is this quadplex located?
The property is located at 1094 Longfellow Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Well‑maintained 4‑family building with a unit mix of two 2‑bedroom units plus additional 1- and 3‑bedroom units; Finished full walk‑out basement with walk‑out access for added usable space; Brick exterior and on‑street exterior property feature
