Bronx Four-Family Property For
For Sale
$825,000
Pending
741 E 213th St The, Bronx, NY 10467
Attached four-family property available for purchase in The Bronx.
Property Size3,154 SF
Lot Size0.06 Acres
Days on Market211
Property Features for 741 E 213th St The
General Information
Standard status
Pending
Size
3,154 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$13,128
Building Details
Building Size
3,154 SF
Year Built
1928
Units
4
Listed By:
Aaron Kass Kass
(845) 416-6945
Source:
Elliman
Added: Mar 12
Changed: Oct 8
Last Checked: Oct 7 at 2:09PM
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 Aaron Kass Kass
Investment Insights
Based on property information with market context.
This is an attached four-family property located in The Bronx, New York. The property is currently for sale.
Key Highlights
- Attached 4‑family property
- Built in 1928
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,632
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,640
$1.4M
Cap Rate 7%
$980,457
$980.5K
Cap Rate 9%
$762,578
$762.6K
Market Conditions
NOI Build-Up for 3,154 SF
Gross rent
$132.5K $42.00/SF
− Vacancy
−$7.7K −$2.44/SF
EGI
$124.8K $39.56/SF
− OpEx
−$56.2K −$17.80/SF
NOI
$68.6K $21.76/SF
Area
ZIP 10467
Vacancy
5.80%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,640
Cap Rate 7%
$980,457
Cap Rate 9%
$762,578
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$959.9K – $1.28M
NOI $76,792 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$980.5K
$857.9K – $1.14M
NOI $68,632 @ 7.0% cap · market cap 8.32%
Theoretical Best
Warehouse
$2.19M
$1.91M – $2.55M
NOI $152,985 @ 7.0% cap · market cap 18.54%
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
2,419
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Attached four-family property available for purchase in The Bronx.
Where is this quadplex located?
The property is located at 741 E 213th St The Bronx, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Attached 4‑family property; Built in 1928
