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Bronx Quadruplex Investment Opportunity
For Sale
$1,200,000

1124 Fox St The, Bronx, NY 10459

Well-maintained 4-family quadruplex in the Longwood section of the Bronx.

Property Size3,720 SF
Lot Size0.05 Acres
Days on Market210

Property Features for 1124 Fox St The

General Information

Standard status Active
Size 3,720 SF
Lot size 0.05 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $5,914

Building Details

Building Size 3,720 SF
Year Built 1910
Units 4
Listing Agency: BESMATCH REAL ESTATE
Listed By: Bakary Camara · License #40CA1173900
Source: Elliman
Added: Mar 11 Changed: Sep 29 Last Checked: Oct 5 at 5:03PM

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 BESMATCH REAL ESTATE

Investment Insights

Based on property information with market context.

Located in the Longwood section of the Bronx, 1124 Fox Street is a well-maintained 4-family brick quadruplex. Each unit features a functional layout with 2 bedrooms and 1 bath. The property includes a spacious walkout basement that provides additional storage or potential for expansion, subject to local zoning regulations. The location is near public transportation, shops, and schools. This property is suitable for rental income or future owner-occupancy.

Key Highlights

  • High‑demand location in the Longwood section of the Bronx.
  • Consistent rental income potential from four 2‑bedroom, 1‑bath units.
  • Well‑maintained brick quadruplex.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,494
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,889,880 $1.9M
Cap Rate 7%
$1,349,914 $1.3M
Cap Rate 9%
$1,049,933 $1.0M
Market Conditions
NOI Build-Up for 3,720 SF
Gross rent
$142.8K $38.40/SF
− Vacancy
−$7.9K −$2.11/SF
EGI
$135.0K $36.29/SF
− OpEx
−$40.5K −$10.89/SF
NOI
$94.5K $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%
$1,889,880
Cap Rate 7%
$1,349,914
Cap Rate 9%
$1,049,933

Alternative Uses

Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,494 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,574 @ 7.0% cap · market cap 7.13%
Theoretical Best
Warehouse
$2.58M
$2.26M – $3.01M (±1% cap)
NOI $180,439 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,101
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained 4-family quadruplex in the Longwood section of the Bronx.
Where is this quadplex located?
The property is located at 1124 Fox St The Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: High‑demand location in the Longwood section of the Bronx.; Consistent rental income potential from four 2‑bedroom, 1‑bath units.; Well‑maintained brick quadruplex.
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