1240 Castle Hill Avenue, Bronx, NY 10462
- Added:
- May 4, 2026
- Days on Market:
- 45
- Last Refresh:
- Jun 17 at 10:06 am
Property Features for 1240 Castle Hill Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 3,600 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Utilities
- Heating system
- Oil, Radiant
Building Details
- Floors in Building
- 3
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Harry Sanichara (917) 681-0392
Listing office COUNTRYWIDE REAL ESTATE INC 1234 CASTLE HILL AVE, BRONX, NY (718) 863-2900
Listing date May 4, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Next to train station
- 2‑Family with store
- Full basement (1200 sq ft)
- Two spacious 4‑bedroom apartments
- 1200 sq ft store, great for business opportunity
- Solid brick construction
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.8k | $36.60 |
| − Vacancy | −$6.9k | −$1.91 |
| EGI | $124.9k | $34.69 |
| − OpEx | −$37.5k | −$10.41 |
| NOI | $87.4k | $24.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.850993
- Latitude
- 40.833076
