South Bronx Multifamily
For Sale
$1,095,000
1068 Woodycrest Ave The, Bronx, NY 10452
Three-family property near Manhattan and Yankee Stadium with parking.
Property Size3,198 SF
Lot Size0.06 Acres
Days on Market212
Property Features for 1068 Woodycrest Ave The
General Information
Standard status
Active
Size
3,198 SF
Lot size
0.06 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$8,014
Building Details
Building Size
3,198 SF
Year Built
1997
Units
3
Listing Agency:
Elite Real Estate Group
Listed By:
Musa Balidemaj · License #10491203878
(646) 942-3487
Source:
Elliman
Added: Mar 10
Changed: Aug 13
Last Checked: Aug 13 at 11:48AM
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 Elite Real Estate Group
Investment Insights
Based on property information with market context.
This brick and block three-family property is located in the South Bronx, offering proximity to Manhattan and Yankee Stadium. The building features a three-bedroom unit, a two-bedroom unit, and a one-bedroom unit. Additionally, the property includes parking space for three cars. This property presents an investment opportunity.
Key Highlights
- Legal three‑family brick and block construction
- Located in the South Bronx, near Manhattan and Yankee Stadium
- Includes three‑car parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,863
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,260
$1.6M
Cap Rate 7%
$1,112,329
$1.1M
Cap Rate 9%
$865,144
$865.1K
Market Conditions
NOI Build-Up for 3,198 SF
Gross rent
$119.0K $37.20/SF
− Vacancy
−$7.7K −$2.42/SF
EGI
$111.2K $34.78/SF
− OpEx
−$33.4K −$10.43/SF
NOI
$77.9K $24.35/SF
Area
ZIP 10452
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,260
Cap Rate 7%
$1,112,329
Cap Rate 9%
$865,144
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$973.3K – $1.30M
NOI $77,863 @ 7.0% cap · market cap 7.11%
Second Best
Apartment 5plus
$1.03M
$897.6K – $1.20M
NOI $71,805 @ 7.0% cap · market cap 6.56%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,286 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,222
Businesses Nearby
Explore this area
Business Placement
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property near Manhattan and Yankee Stadium with parking.
Where is this triplex located?
The property is located at 1068 Woodycrest Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Legal three‑family brick and block construction; Located in the South Bronx, near Manhattan and Yankee Stadium; Includes **three‑car parking**
