Three-Unit Residential Income
For Sale
$1,300,000
Pending
1460 Bryant Ave The, Bronx, NY 10460
Fully renovated three-unit property with an unfinished basement and backyard for gardening in The Bronx.
Property Size3,300 SF
Days on Market105
Property Features for 1460 Bryant Ave The
General Information
Standard status
Pending
Size
3,300 SF
Property subtype
Investment
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,557
Building Details
Building Size
3,300 SF
Year Built
1931
Units
3
Listing Agency:
Redemption Realty INC
Listed By:
Paulette C. Bailey
(347) 524-6801
Source:
Elliman
Added: Jul 8
Changed: Oct 5
Last Checked: Oct 19 at 7:55AM
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 Redemption Realty INC
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Investment Insights
Based on property information with market context.
This fully renovated three-unit residential income property is offered as-is. Per the remarks, the building is vacant and configured as 3/3/3 with an additional basement level, and it includes a backyard suitable for gardening. The basement is unfinished.
The property is located at 1460 Bryant Ave in The Bronx, NY 10460. WalkScore is listed as 80 (Very Walkable), bikeScore as 74 (Very Bikeable), and transitScore as 100 (Rider’s Paradise), reflecting strong nearby access to transit and multimodal transportation options. The remarks also note projected rent of $130,000 and financing/offer terms including cash, conventional, or FHA.
The property is located at 1460 Bryant Ave in The Bronx, NY 10460. WalkScore is listed as 80 (Very Walkable), bikeScore as 74 (Very Bikeable), and transitScore as 100 (Rider’s Paradise), reflecting strong nearby access to transit and multimodal transportation options. The remarks also note projected rent of $130,000 and financing/offer terms including cash, conventional, or FHA.
Key Highlights
- Fully renovated 3‑unit property (3/3/3) with an unfinished basement
- Built in 1931
- Backyard space available for gardening
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,825
Cap Rate
6.45%
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 6.45%
Second Best
Apartment 5plus
$1.08M
$948.9K – $1.27M
NOI $75,912 @ 7.0% cap · market cap 5.84%
Theoretical Best
Warehouse
$2.29M
$2.00M – $2.67M
NOI $160,067 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
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Business Placement
Demographics for 10460, NY
62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully renovated three-unit property with an unfinished basement and backyard for gardening in The Bronx.
Where is this triplex located?
The property is located at 1460 Bryant Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully renovated 3‑unit property (3/3/3) with an unfinished basement; Built in 1931; Backyard space available for gardening
