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Bronx Multifamily Property for Sale
For Sale
$925,000

2500 Johnson Ave N 2NP The, Bronx, NY 10463

Multifamily property in The Bronx available for purchase.

Property Size2,460 SF
Days on Market314

Property Features for 2500 Johnson Ave N 2NP The

General Information

Standard status Active
Size 2,460 SF
Property subtype Residential

Building Details

Building Size 2,460 SF
Year Built 1967
Listed By: Charles Brophy · License #10301206798
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 29 Last Checked: Oct 7 at 1:12PM

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 Charles Brophy

Investment Insights

Based on property information with market context.

A multifamily property located in The Bronx, New York, is available for sale. The property is situated at 2500 Johnson Ave N 2NP. The list price is $1,095,000.

Key Highlights

  • Year Built: 1967

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,589
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,780 $1.1M
Cap Rate 7%
$808,414 $808.4K
Cap Rate 9%
$628,767 $628.8K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$109.2K $44.40/SF
− Vacancy
−$6.3K −$2.58/SF
EGI
$102.9K $41.82/SF
− OpEx
−$46.3K −$18.82/SF
NOI
$56.6K $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%
$1,131,780
Cap Rate 7%
$808,414
Cap Rate 9%
$628,767

Alternative Uses

Best Use
Apartment 5plus
$808.4K
$707.4K – $943.2K (±1% cap)
NOI $56,589 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,322 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

3,301
Businesses Nearby

Demographics for 10463, NY

71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Multifamily property in The Bronx available for purchase.
Where is this apartment building located?
The property is located at 2500 Johnson Ave N 2NP The Bronx, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Year Built: 1967
More about this property
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