1321 Lafayette Ave The Bronx, NY 10474
New
High-yield Bronx multifamily property with immediate ROI and upgraded interiors.
Type:Investment
Property size:
3,100 SFPrice / 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
Listing agent Katherine Rivera (917) 685-0021
Listing office Motivated Access Realty Corp (917) 685-0021
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
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.885666
- Latitude
- 40.817284
Nearby Similar for Sale
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.
