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    953 Rhinelander Ave, Unit The Bronx, NY 10462

    For Sale
    $1,050,000

    Two-story, three-unit home in walkable, transit-friendly Morris Park.

    Lot size:
    0.05 Acres

    Property Features for 953 Rhinelander Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1920

    Source: EXIT Realty Private Client Agent Shtjefen Saljanin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morris Park Multi-Family Home

    Located in the Morris Park neighborhood, this two-story, three-unit multi-family home was built in 1920. The property offers approximately 2,903 sq ft of living space on a 2,250 sq ft lot. The property is situated in a walkable and transit-friendly area with a Walk Score of 82 and a Transit Score of 91, providing access to local shops, dining, and multiple subway and bus options. This property is suited for owner-occupiers seeking income from the other units, or for investors. The property offers versatility, character, and the potential for value-add.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.859271
    Latitude
    40.849593

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    FAQs

    What type of property is this?
    Triplex - Two-story, three-unit home in walkable, transit-friendly Morris Park.
    Where is this triplex located?
    The property is located at 953 Rhinelander Ave, Unit The Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - High Walk Score (82) and Transit Score (91) indicating excellent walkability and access to public transportation.; - Multi-family home with three units, offering income potential.; - Located in the desirable Morris Park neighborhood.
    (914) 222-1000
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    953 Rhinelander Ave, Unit The Bronx, NY 10462
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