Detached Brick Quadplex with
For Sale
$1,199,000
1225 Hollywood Avenue, Bronx, NY 10461
Residential Income, Bronx, NY
Property Size2,832 SF
Lot Size0.09 Acres
Price / SF$423.38
Days on Market1527
Property Features for 1225 Hollywood Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 1, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3, Basement
Parking features
Off Street, Parking Lot
Basement
Partially Finished
Lot features
Corner Lot
Elementary school district
Bronx 10
Middle school district
Bronx 10
High school district
Contact Agent
Standard status
Active
APN
05339-0084
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
8500
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
off-street parking
full basement with separate entrance
Building Details
Year built
1925
Number of units
4
Building materials
Brick
Listing Agency:
Morris Park Realty Group
Listed By:
Christopher M. Amelio
(718) 881-1923
Added: Aug 15, 2022
Changed: Oct 13
Last Checked: Oct 18 at 11:06PM
MLS# H6205115
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This detached brick quadplex provides approximately 2,832 square feet on a 55x70 lot. The property includes updated apartments, a full basement with its own entrance, and a substantial off-street parking area capable of accommodating multiple vehicles. Recent capital improvements include a new roof, boiler, and hot-water heater. Baseboard heating is provided by natural gas, while cooling is handled through window or wall/window units.
The property is tenant occupied, with rental income already in place. Public water and public sewer serve the building. Its Bronx setting offers access to major highways, public transportation, shopping, schools, and neighborhood amenities. Constructed in 1925, the property combines brick construction, multiple residential units, basement utility, and on-site parking in a single income-producing asset.
The property is tenant occupied, with rental income already in place. Public water and public sewer serve the building. Its Bronx setting offers access to major highways, public transportation, shopping, schools, and neighborhood amenities. Constructed in 1925, the property combines brick construction, multiple residential units, basement utility, and on-site parking in a single income-producing asset.
Key Highlights
- Quadplex with approximately 2,832 square feet on a 55x70 lot
- Detached brick construction, built in 1925
- Updated apartments plus a full basement with separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,937
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,438,740
$1.4M
Cap Rate 7%
$1,027,671
$1.0M
Cap Rate 9%
$799,300
$799.3K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$108.7K $38.40/SF
− Vacancy
−$6.0K −$2.11/SF
EGI
$102.8K $36.29/SF
− OpEx
−$30.8K −$10.89/SF
NOI
$71.9K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,438,740
Cap Rate 7%
$1,027,671
Cap Rate 9%
$799,300
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$899.2K – $1.20M
NOI $71,937 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$930.7K
$814.3K – $1.09M
NOI $65,146 @ 7.0% cap · market cap 5.43%
Theoretical Best
Warehouse
$1.96M
$1.72M – $2.29M
NOI $137,366 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,502
Businesses Nearby
Explore this area
Business Placement
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
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
Frequently Asked Questions
What type of property is this?
Quadplex - Updated apartments, a full basement, and off-street parking support established rental use.
Where is this quadplex located?
The property is located at 1225 Hollywood Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Quadplex with approximately 2,832 square feet on a 55x70 lot; Detached brick construction, built in 1925; Updated apartments plus a full basement with separate entrance
