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    Mixed-Use Building For Sale Title is generated by Realmo AI

    1586 Williamsbridge Rd, Bronx, NY

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    Two-story brick building with apartments and retail space.

    Type:MULTIFAMILY
    Property size:
    3,676 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $340/SF
    Added:
    Jun 29, 2023
    Days on Market:
    1094
    Last Refresh:
    May 20 at 10:03 pm

    Property Features for 1586 Williamsbridge Rd

    General Information

    Standard status
    Active
    Size
    3,676 SF
    Lot size
    0.06 Acres
    Property subtype
    MULTIFAMILY

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    Frank Fiorella

    Listing office Princeton Realty Group

    Listing date Jun 29, 2023

    Source Moodyscre

    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 Princeton Realty Group

    HighLights

    • Two‑story brick building available for sale.
    • Features one retail store.
    • Includes 3 apartments.

    Overview

    Available for sale is a two-story brick building comprising three apartments and one retail store. The property has a size of 3676 square feet.

    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 $163.2k $44.40
    − Vacancy −$9.5k −$2.58
    EGI $153.7k $41.82
    − OpEx −$69.2k −$18.82
    NOI $84.6k $23.00
    3,676 SF · lease $44.40/SF/yr · vacancy 5.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,561 @ 7.0% cap · market cap 6.76%
    Second Best
    Retail
    $1.11M
    $967.3K – $1.29M (±1% cap)
    NOI $77,381 @ 7.0% cap · market cap 6.19%
    Theoretical Best
    Warehouse
    $2.55M
    $2.23M – $2.97M (±1% cap)
    NOI $178,305 @ 7.0% cap · market cap 14.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    John H.Moore Law Firm

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8483
    Latitude
    40.8468

    FAQs

    What type of property is this?
    Mixed-use property - Two-story brick building with apartments and retail space.
    Where is this mixed-use property located?
    The property is located at 1586 Williamsbridge Rd Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Two‑story brick building available for sale.; Features one retail store.; Includes 3 apartments.
    (914) 329-5474 Call to check price and availability
    More about this property
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