4-Unit Townhouse with Full
New
For Sale
$1,200,000
1256 Noble Avenue, Bronx, NY 10472
Four apartments include a mix of one- and two-bedroom layouts, with the building to be delivered vacant.
Property Size3,321 SF
Price / SF$361.34
Days on Market5
Property Features for 1256 Noble Avenue
General Information
Standard status
Active
Size
3,321 SF
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
It needs work
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 2BR, 1 x 1BR
Multifamily Units
4
Individually Metered Utilities
gas, electricity
Taxes and HOA fees
Annual Taxes
$17,335
Amenities
Full
Ceramic Tile,Hardwood
4
No
Yes
7
First Floor Bedroom,First Floor Full Bath,Eat-in Kitchen,Entrance Foyer,Original Details
Public
On Street
Municipal
3321
Public Maintained Road
Building Details
Building Size
3,321 SF
Year Built
1926
Buildings
1
Listing Agency:
Village Plaza Realty
(516) 703-2918
Listed By:
Matthew Dubinsky
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:50PM
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 Village Plaza Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit townhouse contains three two-bedroom apartments and one one-bedroom apartment. A full basement has front, rear, and interior access. The property is scheduled for delivery vacant, and the roof was replaced one year ago. The heating system and basement oil tank are each five or six years old. The building has four gas meters and five electric meters.
Key Highlights
- Three two‑bedroom apartments and one one‑bedroom apartment
- Full basement with front, rear, and interior access
- Delivered vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,359
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,180
$1.7M
Cap Rate 7%
$1,205,129
$1.2M
Cap Rate 9%
$937,322
$937.3K
Market Conditions
NOI Build-Up for 3,321 SF
Gross rent
$127.5K $38.40/SF
− Vacancy
−$7.0K −$2.11/SF
EGI
$120.5K $36.29/SF
− OpEx
−$36.2K −$10.89/SF
NOI
$84.4K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,687,180
Cap Rate 7%
$1,205,129
Cap Rate 9%
$937,322
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.05M – $1.41M
NOI $84,359 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$1.09M
$954.9K – $1.27M
NOI $76,395 @ 7.0% cap · market cap 6.37%
Theoretical Best
Warehouse
$2.30M
$2.01M – $2.68M
NOI $161,085 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,261
Businesses Nearby
Explore this area
Business Placement
Demographics for 10472, NY
72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments include a mix of one- and two-bedroom layouts, with the building to be delivered vacant.
Where is this quadplex located?
The property is located at 1256 Noble Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three two‑bedroom apartments and one one‑bedroom apartment; Full basement with front, rear, and interior access; Delivered vacant
