Legal Three-Family Bronx
1552 Bryant Ave The Bronx, NY 10460
1552 Bryant Ave The, Bronx, NY, 10460
$1,350,000
For Sale
$1,350,000
Four-story building with redevelopment potential and high income.
Property Size4,800 SF
Lot Size0.05 Acres
Price / SF$281.25
Days on Market116
Property Features for 1552 Bryant Ave The
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.05 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1910
Listing Agency
Keller Williams Realty NYC Group
(718) 697-6800
Listed by
Kenneth Fuentes
(718) 697-6800
Source
Elliman
Added: Mar 24 Checked: Jul 16 at 9:25 am
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 is a legal three-family property, zoned R7-1. The building has a size of 20x55, providing over 4,800 square feet. It presents a redevelopment opportunity, subject to architectural review. The building is four stories tall and includes a basement with high ceilings. The property features two four-bedroom apartments and one three-bedroom apartment. It has the potential for income exceeding $10,000 per month. A survey is available. The property is being sold as-is.
Key Highlights
- Legal 3‑family zoned R7‑1.
- Large building size: 20x55 with over 4,800 sq ft.
- Redevelopment potential (check with architect).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.3k | $38.40 |
| − Vacancy | −$10.1k | −$2.11 |
| EGI | $174.2k | $36.29 |
| − OpEx | −$52.3k | −$10.89 |
| NOI | $121.9k | $25.40 |
4,800 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.74M
$1.52M – $2.03M
NOI $121,928 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$1.58M
$1.38M – $1.84M
NOI $110,417 @ 7.0% cap · market cap 8.18%
Theoretical Best
Warehouse
$3.33M
$2.91M – $3.88M
NOI $232,824 @ 7.0% cap · market cap 17.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
doryangel llc
Property Management Company
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Four-story building with redevelopment potential and high income.
Where is this triplex located?
The property is located at 1552 Bryant Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Legal 3‑family zoned R7‑1.; Large building size: **20x55 with over 4,800 sq ft.**; Redevelopment potential (check with architect).
