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    Legal Brick 3-Family Home Title is generated by Realmo AI

    635 Coster St The, Bronx, NY 10474

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    For Sale
    $1,195,000

    Three-story legal 3-family with finished basement, separate entrance, and a private 2-car driveway.

    Type:Investment
    Property size:
    3,180 SF
    Price / SF:
    $375/SF
    Added:
    Jun 10, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 11 at 2:17 am

    Property Features for 635 Coster St The

    General Information

    Standard status
    Active
    Size
    3,180 SF
    Property subtype
    Investment

    Building Details

    Year Built
    2007

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    Listing Contact
    Pincus M. Fulop

    Listing agent Pincus M. Fulop

    Listing office

    Listing date Jun 10, 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 Pincus M. Fulop

    HighLights

    • Legal 3‑family brick home built in 2007 with finished basement and separate entrance for additional flexibility
    • Approximately 3,180 total SF across 3 stories; about 1,060 SF per floor and a 20' x 53' building size
    • Private 2‑car driveway plus 4 electric meters and 2 gas meters supporting separate utility metering
    • Current rent roll includes 2nd and 3rd floors at $2,285/month each, and the 1st‑floor unit at $2,750/month
    • One unit is being delivered vacant with estimated market rent of approx. $3,600/month for immediate rental potential
    • Finished basement has a full bathroom, large open layout, and separate entrance with potential for a rentable 2‑bedroom unit

    Overview

    Solid and legal 3-family brick home built in 2007, arranged as three stories plus a finished basement. The property features hardwood floors throughout and granite countertops. The upper floors offer two spacious 3-bedroom, 2-bathroom apartments, each including a primary suite with a private bath and walk-in closet. The first-floor unit provides a 2-bedroom, 1-bath layout. The finished basement includes a full bathroom, a large open layout, and a separate entrance.

    The home includes a private 2-car driveway and is serviced by 4 electric meters and 2 gas meters. One of the apartments is currently vacant for delivery, while the other units are occupied by paying tenants. This property is located at 635 Coster Street, with access to the Bruckner Expressway and Bronx River Pkwy, along with public transportation options including local bus routes and the 6 train.

    For buyers seeking a maintained income property with multiple residential configurations, this legal 3-family offers immediate occupancy on two units and a delivered-vacant unit for tenant placement. The basement’s separate entrance can support flexible use within the overall building layout. With established in-place rentals and a current vacancy, the property provides a straightforward setup for an owner-occupant or investor to manage leasing across the building’s apartments.

    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 $122.1k $38.40
    − Vacancy −$6.7k −$2.11
    EGI $115.4k $36.29
    − OpEx −$34.6k −$10.89
    NOI $80.8k $25.40
    3,180 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.15M
    $1.01M – $1.35M (±1% cap)
    NOI $80,777 @ 7.0% cap · market cap 6.76%
    Second Best
    Apartment 5plus
    $1.05M
    $914.4K – $1.22M (±1% cap)
    NOI $73,152 @ 7.0% cap · market cap 6.12%
    Theoretical Best
    Warehouse
    $2.20M
    $1.93M – $2.57M (±1% cap)
    NOI $154,246 @ 7.0% cap · market cap 12.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Food Market 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
    -73.886812
    Latitude
    40.813278

    FAQs

    What type of property is this?
    Triplex - Three-story legal 3-family with finished basement, separate entrance, and a private 2-car driveway.
    Where is this triplex located?
    The property is located at 635 Coster St The Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: Legal 3‑family brick home built in 2007 with finished basement and separate entrance for additional flexibility; Approximately 3,180 total SF across 3 stories; about 1,060 SF per floor and a 20' x 53' building size; Private 2‑car driveway plus 4 electric meters and 2 gas meters supporting separate utility metering
    More about this property
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