Bronx Multifamily Investment Opportunity

915 Eagle Ave The, Bronx, NY 10456

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For Sale

$2,500,000

Fully stabilized 10-unit building in the Bronx with tax abatement.

Type:Commercial

Property size:

6,762 SF

Price / SF:

$369/SF

HighLights

Fully stabilized 10‑unit multi‑family property with 100% occupancy and strong NOI, providing immediate cash flow.
35‑year 421‑a Real Estate Tax Abatement offers significant tax savings.
Newer construction building (built in 2018) minimizes potential maintenance costs.
Desirable unit mix: 4 studios, 5 one‑bedroom/one‑bathroom units, and 1 two‑bedroom/two‑bathroom unit.
Excellent transit options with a transit score of 100 (Rider's Paradise) and walk score of 95 (Walker's Paradise).
Units feature hardwood floors and full kitchens, appealing to a broad tenant base.

We can help!

Listing Contact

Daniel Shamooil

Learn more

For Sale

$2,500,000

Fully stabilized 10-unit building in the Bronx with tax abatement.

Type:Commercial

Property size:

6,762 SF

Price / SF:

$369/SF

Added:: Apr 24, 2026
Days on Market:: 55
Last Refresh:: Apr 24 at 3:48 pm

Property Features for 915 Eagle Ave The

General Information

Standard status: Active
Size: 6,762 SF
Property subtype: Commercial

Building Details

Year Built: 2018

We can help!

Listing Contact

Daniel Shamooil

Listing agent Daniel Shamooil License #10491202124

Listing office VORO LLC

Listing date Apr 24, 2026

Source Elliman

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 VORO LLC

HighLights

Fully stabilized 10‑unit multi‑family property with 100% occupancy and strong NOI, providing immediate cash flow.
35‑year 421‑a Real Estate Tax Abatement offers significant tax savings.
Newer construction building (built in 2018) minimizes potential maintenance costs.
Desirable unit mix: 4 studios, 5 one‑bedroom/one‑bathroom units, and 1 two‑bedroom/two‑bathroom unit.
Excellent transit options with a transit score of 100 (Rider's Paradise) and walk score of 95 (Walker's Paradise).
Units feature hardwood floors and full kitchens, appealing to a broad tenant base.

Overview

This is a fully stabilized, 10-unit multi-family property located in the Bronx. Constructed in 2018, the building offers immediate cash flow with 100% occupancy and a strong NOI. The property comprises 4 studio units, 5 one-bedroom/one-bathroom units, and 1 two-bedroom/two-bathroom unit, totaling 6,762 square feet. All units feature hardwood floors and full kitchens. The property benefits from a 35-year 421-a Real Estate Tax Abatement, providing tax savings and enhancing investment returns. The location has a walk score of 95, indicating it is a walker's paradise, a bike score of 68, indicating it is bikeable, and a transit score of 100, indicating it is a rider's paradise. This property is suited for 1031 exchange investors seeking turnkey, cash-flowing assets with tax advantages.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$304.3k	$45.00
− Vacancy	−$16.7k	−$2.48
EGI	$287.6k	$42.53
− OpEx	−$129.4k	−$19.14
NOI	$158.2k	$23.39

6,762 SF · lease $45.00/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$2.26M

$1.98M – $2.64M (±1% cap)

NOI $158,155 @ 7.0% cap · market cap 6.33%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.42M

$2.99M – $3.99M (±1% cap)

NOI $239,537 @ 7.0% cap · market cap 9.58%

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

Location Intelligence

Current Use by Public Records

1031 exchange properties

Suggested Use

Location Insight

Map
Local Demand

City: Bronx
County: Bronx
State: New York
Longitude: -73.90831
Latitude: 40.82334

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For sale
Apartment buildings
NY
Bronx
10456
915 Eagle Ave The

What type of property is this?

Apartment building - Fully stabilized 10-unit building in the Bronx with tax abatement.

Where is this apartment building located?

The property is located at 915 Eagle Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Fully stabilized 10‑unit multi‑family property with 100% occupancy and strong NOI, providing immediate cash flow.; **35‑year 421‑a Real Estate Tax Abatement offers significant tax savings.**; Newer construction building (built in 2018) minimizes potential maintenance costs.