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8-Unit Multifamily Building
For Sale
$2,025,000

1325 Purdy St The, Bronx, NY 10462

8-unit building with one one-bedroom and seven two-bedroom apartments, each with its own boiler and separate electric and gas metering.

Days on Market11

Property Features for 1325 Purdy St The

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 8

Building Details

Year Built 2004
Tenancy Multi
Listing Agency: Keller Williams Realty NYC Group
Listed By: Julia V. Egorova · License #10469
Source: Elliman
Added: Jul 22 Changed: Jul 23 Last Checked: Aug 1 at 11:32AM

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.

This offering is an 8-unit multifamily building at 1325 Purdy St. The building features 1 one-bedroom unit and 7 two-bedroom units. Each apartment has its own boiler unit, and gas and electric are separately metered, with tenant utility expenses paid by tenants except for water. The seller is described as the original owner and builder, and the units are reported to be in above-average condition.

The property is located in the Parkchester/Castle Hill section of the Bronx and is described as a short distance to the Castle Hill #6 subway line, catering to Manhattan commuters. The provided photos are from the three adjacent properties available for sale: 1321 Purdy St, 1323 Purdy St, and 1325 Purdy St.

The current annual rent roll is stated as $182,460, with annual expenses of $69,152, resulting in a 2025 net operating income of $113,308. The remarks note a high majority of cash-paying, on-time tenants, and that additional detail on revenue, expenses, and layouts is available.

Key Highlights

  • 8‑unit building (1 one‑bedroom, 7 two‑bedroom) in the Parkchester/Castle Hill section of the Bronx
  • 2004 construction; seller is original owner and builder
  • Each unit has its own boiler; gas and electric are separately metered (tenant‑paid), with water as an exception

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
Multi-tenant
Tenancy

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 building with one one-bedroom and seven two-bedroom apartments, each with its own boiler and separate electric and gas metering.
Where is this apartment building located?
The property is located at 1325 Purdy St The 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 (1 one‑bedroom, 7 two‑bedroom) in the Parkchester/Castle Hill section of the Bronx; 2004 construction; seller is original owner and builder; Each unit has its own boiler; gas and electric are separately metered (tenant‑paid), with water as an exception
More about this property
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