Brick Three-Family
For Sale
$1,499,999
1416 Oakley St The, Bronx, NY 10469
Legal three-family property with three apartments and new brick construction.
Property Size3,300 SF
Days on Market58
Property Features for 1416 Oakley St The
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Investment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
3BR/2BA, 3BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$10,000
Building Details
Building Size
3,300 SF
Year Built
2025
Units
3
Construction
brick
Listing Agency:
RE/MAX Distinguished Homes & Properties
Listed By:
Raymond Vasquez · License #40VA1005388
(718) 662-9191
Source:
Elliman
Added: Sep 8
Changed: Nov 1
Last Checked: Nov 3 at 7:52AM
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 RE/MAX Distinguished Homes & Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This legal three-family property at 1416 Oakley St in The Bronx comprises three residential units arranged as a 3-bedroom, 2-bath apartment over another 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. The building is constructed with brick and is identified as new construction in the property remarks.
The property is located in the Williamsbridge / Laconia section of The Bronx, NY 10469. WalkScore is 83, categorized as Very Walkable; TransitScore is 82, categorized as Excellent Transit; and bikeScore is 74, categorized as Very Bikeable.
The property is located in the Williamsbridge / Laconia section of The Bronx, NY 10469. WalkScore is 83, categorized as Very Walkable; TransitScore is 82, categorized as Excellent Transit; and bikeScore is 74, categorized as Very Bikeable.
Key Highlights
- Legal 3‑family property with three residential apartments
- Unit layout: 3‑bedroom, 2‑bath over 3‑bedroom, 2‑bath over 3‑bedroom, 1‑bath
- Brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,825
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,500
$1.7M
Cap Rate 7%
$1,197,500
$1.2M
Cap Rate 9%
$931,389
$931.4K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$126.7K $38.40/SF
− Vacancy
−$7.0K −$2.11/SF
EGI
$119.8K $36.29/SF
− OpEx
−$35.9K −$10.89/SF
NOI
$83.8K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,500
Cap Rate 7%
$1,197,500
Cap Rate 9%
$931,389
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $83,825 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$1.08M
$948.9K – $1.27M
NOI $75,912 @ 7.0% cap · market cap 5.06%
Theoretical Best
Warehouse
$2.29M
$2.00M – $2.67M
NOI $160,067 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,068
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Legal three-family property with three apartments and new brick construction.
Where is this triplex located?
The property is located at 1416 Oakley St The Bronx, NY.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: Legal 3‑family property with three residential apartments; Unit layout: 3‑bedroom, 2‑bath over 3‑bedroom, 2‑bath over 3‑bedroom, 1‑bath; Brick construction
