Building Details

Building Size 2,640 SF

Year Built 1900

Units 2

Listing Agency: Foxworth Realty Inc

Listed By: Eugenia C Foxworth · License #10311200574 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Sep 29 Last Checked: Oct 5 at 7:18PM

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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 Foxworth Realty Inc

Investment Insights

Based on property information with market context.

A multifamily property is available for sale. The property is located at 1317 Saint Lawrence Ave, The Bronx, NY 10472.

Key Highlights

• Year Built: 1900

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$60,730

Cap Rate

6.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,214,600 $1.2M

Cap Rate 7%

$867,571 $867.6K

Cap Rate 9%

$674,778 $674.8K

Market Conditions

NOI Build-Up for 2,640 SF

Gross rent

$117.2K $44.40/SF

− Vacancy

−$6.8K −$2.58/SF

EGI

$110.4K $41.82/SF

− OpEx

−$49.7K −$18.82/SF

NOI

$60.7K $23.00/SF

Area

Bronx, NY

Vacancy

5.80%

Lease Rate

$44.40 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,214,600

Cap Rate 7%

$867,571

Cap Rate 9%

$674,778

Alternative Uses

Best Use

Apartment 5plus

$867.6K

$759.1K – $1.01M (±1% cap)

NOI $60,730 @ 7.0% cap · market cap 6.14%

Second Best

—

—

no second resolved use

Theoretical Best

Warehouse

$1.83M

$1.60M – $2.13M (±1% cap)

NOI $128,053 @ 7.0% cap · market cap 12.95%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Dental Office Acupuncture

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

3,261

Businesses Nearby

Explore this area Business Placement

Demographics for 10472, NY

72,245

Population

24,259

Households

3

Avg Household Size

34

Median Age

14%

College-Educated

69%

High-School Grad

1.1 sq mi

ZIP Area

65,677

Density / Sq Mi

$43,125

Median Household Income

$35,180

Median Earnings

$1,445

Median Rent

$632,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property for sale in The Bronx, New York.

Where is this multifamily property located?

The property is located at 1317 Saint Lawrence Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $988,500.

What are key features of this property?

This property features: Year Built: 1900