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    1321 Lafayette Ave The Bronx, NY 10474

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    For Sale
    $1,150,000

    High-yield Bronx multifamily property with immediate ROI and upgraded interiors.

    Type:Investment
    Property size:
    3,100 SF
    Price / SF:
    $370/SF
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 3:48 pm

    Property Features for 1321 Lafayette Ave The

    General Information

    Standard status
    Active
    Size
    3,100 SF
    Property subtype
    Investment

    Building Details

    Year Built
    2000

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    Listing Contact
    Katherine Rivera

    Listing agent Katherine Rivera

    Listing office Motivated Access Realty Corp

    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 Motivated Access Realty Corp


    Overview

    Turnkey Multifamily Investment Opportunity

    This multifamily property, spanning over 3,100 square feet, presents a turnkey investment opportunity with a 7.3% cap rate. Located in the Bronx, the property offers immediate return on investment. It is suitable for investors seeking a high-performing addition to their portfolio or for those looking for a primary residence that generates income. The building is being sold with two units already occupied by tenants, ensuring immediate cash flow. The property is sold in "as-is" condition and features upgraded interiors. Residents can enjoy expansive city views, including views of local fireworks displays. Transportation is facilitated by easy access to the 6 train and major bus routes, providing convenient commutes to Manhattan and other destinations. The location has a walk score of 91, indicating it is a walker's paradise, a transit score of 90, indicating it is a rider's paradise, and a bike score of 53, indicating it is bikeable.
    Location Intelligence

    Current Use by Public Records

    Belen Daycare Inc Daycare Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.885666
    Latitude
    40.817284

    FAQs

    What type of property is this?
    Multifamily property - High-yield Bronx multifamily property with immediate ROI and upgraded interiors.
    Where is this multifamily property located?
    The property is located at 1321 Lafayette Ave The Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Turnkey investment with a **7.3% Cap Rate** for immediate ROI.; 3,100+ sq. ft. multi‑family property in the Bronx.; Two units are already occupied with reliable tenants, ensuring immediate cash flow.
    More about this property
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