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Four-Unit Brick Apartment Building
For Sale
Contact for pricing
Pending

1244 Boynton Ave The, Bronx, NY 10472

Brick multifamily building with four occupied units: three two-bedroom apartments and one one-bedroom unit.

Days on Market112

Property Features for 1244 Boynton Ave The

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 7.88%
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Golden Star Realty Group
Listed By: Joe Goldberg
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 31 at 3:07AM

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 Golden Star Realty Group

Investment Insights

Based on property information with market context.

The subject property is a solid brick apartment building consisting of four residential units. The unit mix includes three two-bedroom apartments and one one-bedroom unit. All units are currently occupied and collecting monthly rent.

Located in the Park Versailles – Bronx River neighborhood of the Bronx, the property is presented as an all-free-market investment with financials available upon request.

With an annual rent total of $100,200, the property is described as producing a cap rate of 7.88%.

Key Highlights

  • Brick multifamily building with 4 residential units in Park Versailles–Bronx River neighborhood
  • Unit mix includes three 2‑bedroom apartments and one 1‑bedroom unit
  • All four units are currently occupied and collecting monthly rent

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,619
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick multifamily building with four occupied units: three two-bedroom apartments and one one-bedroom unit.
Where is this quadplex located?
The property is located at 1244 Boynton Ave The Bronx, NY.
What are key features of this property?
This property features: Brick multifamily building with 4 residential units in Park Versailles–Bronx River neighborhood; Unit mix includes three 2‑bedroom apartments and one 1‑bedroom unit; All four units are currently occupied and collecting monthly rent
More about this property
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