Four-Unit Property with Walk-Out
For Sale
$1,199,000
1094 Longfellow Ave, Bronx, NY 10459
The configuration includes two two-bedroom apartments alongside one- and three-bedroom units.
Property Size3,200 SF
Price / SF$374.69
Days on Market257
Property Features for 1094 Longfellow Ave
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Amenities
fully finished walk-out basement
Building Details
Year Built
1930
Listing Agency:
YourHomeSold Guaranteed Realty
Listed By:
Bakary Camara · License #40CA1173900
(917) 568-5763
Source:
Searchhomesinlongisland
Added: Feb 16
Changed: Oct 25
Last Checked: Oct 30 at 2:58PM
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
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Investment Insights
Based on property information with market context.
This four-unit residential property at 1094 Longfellow Ave includes 3,200 square feet and was built in 1930. The unit mix comprises two 2-bedroom apartments, along with separate 1-bedroom and 3-bedroom units. A fully finished walk-out basement provides additional usable space.
The property is located in the Bronx, NY 10459, with access to transportation, shopping, schools, and major highways. Its four-unit layout and varied bedroom configurations provide a clearly defined residential income property profile.
The property is located in the Bronx, NY 10459, with access to transportation, shopping, schools, and major highways. Its four-unit layout and varied bedroom configurations provide a clearly defined residential income property profile.
Key Highlights
- Four‑unit property with two 2‑bedroom apartments, plus 1‑bedroom and 3‑bedroom units
- Fully finished walk‑out basement
- 3,200 square feet of property size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,285
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,625,700
$1.6M
Cap Rate 7%
$1,161,214
$1.2M
Cap Rate 9%
$903,167
$903.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$122.9K $38.40/SF
− Vacancy
−$6.8K −$2.11/SF
EGI
$116.1K $36.29/SF
− OpEx
−$34.8K −$10.89/SF
NOI
$81.3K $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%
$1,625,700
Cap Rate 7%
$1,161,214
Cap Rate 9%
$903,167
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,738
Businesses Nearby
Explore this area
Business Placement
Demographics for 10459, NY
50,984
Population
18,678
Households
2.7
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
0.8 sq mi
ZIP Area
63,730
Density / Sq Mi
$39,276
Median Household Income
$30,200
Median Earnings
$1,285
Median Rent
$589,500
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?
Quadplex - The configuration includes two two-bedroom apartments alongside one- and three-bedroom units.
Where is this quadplex located?
The property is located at 1094 Longfellow Ave 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: Four‑unit property with two 2‑bedroom apartments, plus 1‑bedroom and 3‑bedroom units; Fully finished walk‑out basement; 3,200 square feet of property size
