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8-Unit Apartment Building with Individual Boilers

1321 Purdy Street Bronx, NY 10462

New
1321 Purdy Street, Bronx, NY, 10462
$2,025,000
For Sale
$2,025,000

MULTI_FAMILY - Bronx, NY

Lot Size0.07 Acres
Days on Market2

Property Features for 1321 Purdy Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Rooms
Basement
Parking features
On Street
Basement
Walk-Out Access
Standard status
Active
APN
03934-0172
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
42734

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
2004
Floors in Building
4
Number of units
8
Building materials
Brick
Listing agency Keller Williams Realty NYC Grp
Listed by Gregory Tsougranis · License #10469
Added: Jul 21 Checked: Jul 22 at 1:06PM
MLS# 1025742

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

1321 Purdy Street is an 8-unit non-rent-stabilized apartment building in the Parkchester/Castle Hill section of the Bronx. The mix consists of seven two-bedroom units and one one-bedroom unit. Each unit has its own boiler unit, and gas and electric are separately metered, with tenant responsibility for those utilities; water is the stated exception. The building is described as being in above-average condition, and a further breakdown of revenue, expenses, and layouts is available.

The property has annual rent roll of $191,280 with annual expenses of $72,044, resulting in a stated 2025 net operating income of $119,236. The seller is the original owner and builder. The listing notes that the photos posted are from the three adjacent properties being sold (1321, 1323, and 1325 Purdy), and the property can be purchased individually or in conjunction with the sister properties. Zoning is identified as R6.

A short distance to the Castle Hill #6 subway line is noted as convenient for Manhattan commuters.

Key Highlights

  • 8‑unit building (Parkchester/Castle Hill, Bronx) built in 2004 with 7 two‑bedroom units and 1 one‑bedroom unit
  • Each apartment has its own boiler unit; gas and electric are separately metered (tenant‑paid for utilities, except water)
  • Current annual rent roll is $191,280 with annual expenses of $72,044 for a 2025 net operating income of $119,236

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hotel & Motel Garden Center Bar & Pub

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

FAQs

What type of property is this?
Apartment building - An 8-unit, non-rent-stabilized building with separate gas and electric metering and individual boiler units.
Where is this apartment building located?
The property is located at 1321 Purdy Street Bronx, NY.
What is the asking price?
The asking price for this property is $2,025,000.
What are key features of this property?
This property features: 8‑unit building (Parkchester/Castle Hill, Bronx) built in 2004 with 7 two‑bedroom units and 1 one‑bedroom unit; Each apartment has its own boiler unit; gas and electric are separately metered (tenant‑paid for utilities, except water); Current annual rent roll is $191,280 with annual expenses of $72,044 for a 2025 net operating income of $119,236
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