Large Multifamily Near Noble
For Sale
$990,000
Pending
1735 Mansion St The, Bronx, NY 10460
Three-family property with finished basement and separately metered utilities.
Property Size2,634 SF
Lot Size0.02 Acres
Days on Market311
Property Features for 1735 Mansion St The
General Information
Standard status
Pending
Size
2,634 SF
Lot size
0.02 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$7,182
Building Details
Building Size
2,634 SF
Year Built
2007
Units
3
Listing Agency:
De Luca Realty Group INC
Listed By:
Christina De Luca · License #10491209990
(917) 363-8127
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 29
Last Checked: Oct 4 at 9:50AM
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 De Luca Realty Group INC
Investment Insights
Based on property information with market context.
This is a large three-family property featuring a finished basement. The building consists of three units, each containing two bedrooms. Each unit is separately metered for utilities. The owner is responsible for water and common area electricity. One unit will be delivered vacant at closing. The property is located near Noble Park and is accessible to the 2, 5, and 6 subway lines.
Key Highlights
- Large 3‑family property
- One unit delivered vacant at closing**
- Each unit pays its own utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,592
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,211,840
$1.2M
Cap Rate 7%
$865,600
$865.6K
Cap Rate 9%
$673,244
$673.2K
Market Conditions
NOI Build-Up for 2,634 SF
Gross rent
$116.9K $44.40/SF
− Vacancy
−$6.8K −$2.58/SF
EGI
$110.2K $41.82/SF
− OpEx
−$49.6K −$18.82/SF
NOI
$60.6K $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%
$1,211,840
Cap Rate 7%
$865,600
Cap Rate 9%
$673,244
Alternative Uses
Best Use
Apartment 5plus
$865.6K
$757.4K – $1.01M
NOI $60,592 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.83M
$1.60M – $2.13M
NOI $127,762 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,342
Businesses Nearby
Explore this area
Business Placement
Demographics for 10460, NY
62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-family property with finished basement and separately metered utilities.
Where is this apartment building located?
The property is located at 1735 Mansion St The Bronx, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Large 3‑family property; One unit delivered vacant at closing**; Each unit pays its own utilities
