1119 Morris Avenue Bronx, NY 10456
MULTI_FAMILY - Bronx, NY
Property Features for 1119 Morris Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Gas Water Heater
- Standard status
- Pending
- APN
- 02449-0028
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 16915
Utilities
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
Building Details
- Year built
- 1927
- Number of units
- 5
- Building materials
- Brick
Listing agent Marcus E. Soler (646) 630-6899
Listing office Soler Realty 1424 Williamsbridge Rd, Yonkers, NY (917) 710-3528
Listing date Dec 16, 2025
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Detached 3‑story multi‑family building at 1119 Morris Avenue in the Concourse area of the Bronx
- 6 residential units in a building with approximately 6,401 sq ft total
- Unit mix includes multiple larger 3‑bed and 2‑bed layouts
Local Financial Insights For Apartment 5plus
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 | $288.0k | $45.00 |
| − Vacancy | −$15.8k | −$2.48 |
| EGI | $272.2k | $42.53 |
| − OpEx | −$122.5k | −$19.14 |
| NOI | $149.7k | $23.39 |
