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8-Unit Residential Income Building
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1323 Purdy Street, Bronx, NY 10462

8-unit non-rent-stabilized property with seven one-bedroom apartments and a separate garage/office space.

Property SizeContact for details
Days on Market20

Property Features for 1323 Purdy Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R6
Net Operating Income $94,330

Additional Details

Multifamily Units 8

Building Details

Year Built 2004
Buildings 1
Units 8
Listing Agency: Keller Williams Realty NYC Group
Listed By: Gregory Tsougranis · License #NY 10469
Source: Crexi
Added: Jul 22 Changed: Aug 8 Last Checked: Aug 8 at 10:27AM

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 Keller Williams Realty NYC Group

Investment Insights

Based on property information with market context.

1323 Purdy Street is an 8-unit residential income building in the Parkchester/Castle Hill area of the Bronx. The property contains seven one-bedroom apartments and one garage/office space. Each apartment has its own boiler unit, and gas and electric are separately metered. Tenant utility expenses are paid by the tenants, with the exception of water.

The seller is the original owner and builder. The units are described as being in above-average condition. The current annual rent roll is $147,420, with annual expenses of $53,090, resulting in a stated 2025 net operating income of $94,330.

The building is presented as non-rent-stabilized and is also offered as a stand-alone purchase or in conjunction with two adjacent sister properties at 1321 Purdy Street and 1325 Purdy Street. The photos posted are from the three adjacent properties, and a full video is available.

Key Highlights

  • 8‑unit non‑rent‑stabilized Bronx building built in 2004 (seller is original owner and builder)
  • Unit mix: 7 one‑bedroom apartments plus 1 garage/office space
  • Each apartment has its own boiler unit; gas and electric are separately metered (tenants pay gas/electric; water excluded)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Parking Lot & Garage (Bike/Boat/Book/etc) Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,146
Businesses Nearby

Demographics for 10462, NY

84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
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?
Apartment building - 8-unit non-rent-stabilized property with seven one-bedroom apartments and a separate garage/office space.
Where is this apartment building located?
The property is located at 1323 Purdy Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 8‑unit non‑rent‑stabilized Bronx building built in 2004 (seller is original owner and builder); Unit mix: 7 one‑bedroom apartments plus 1 garage/office space; Each apartment has its own boiler unit; gas and electric are separately metered (tenants pay gas/electric; water excluded)
(845) 304-5745 Call to check price and availability
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