Four-Unit Brick Apartment
New
For Sale
$1,500,000
1618 Taylor Avenue, Bronx, NY 10460
Residential Income, Bronx, NY
Property Size3,080 SF
Lot Size0.05 Acres
Price / SF$487.01
Days on Market3
Property Features for 1618 Taylor Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Basement, Bedroom 4, Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 6
Interior features
ENERGY STAR Qualified Door(s), High Ceilings
Basement
Unfinished
Elementary school
Bedford Park Elementary School
Middle school
Acad-Personal Ldshp And Excellence
High school
Belmont Preparatory High School
Elementary school district
Bronx 10
Middle school district
Bronx 10
High school district
Bronx 10
Standard status
Active
APN
04024-0049
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
15193
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1927
Number of units
4
Building materials
Brick
Listing Agency:
HomeSmart Homes & Estates · HomeSmart International
(914) 236-5500
Listed By:
Abel Rodriguez · License #10401316521
(347) 596-1460
Added: Oct 8
Changed: Oct 9
Last Checked: Oct 10 at 4:06AM
MLS# 1060708
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1927 brick multifamily building contains four occupied apartments with a mix of two- and three-bedroom layouts. The property totals approximately 3,080 square feet on a 2,375-square-foot lot. Interior features include high ceilings and ENERGY STAR Qualified Door(s); central air provides cooling, and natural gas is used for heating.
Public water and sewer serve the property. Rental arrangements for some or all apartments involve government subsidy programs or agency or organizational leases, subject to verification.
Public water and sewer serve the property. Rental arrangements for some or all apartments involve government subsidy programs or agency or organizational leases, subject to verification.
Key Highlights
- Four occupied apartments with a mix of 2‑bedroom and 3‑bedroom layouts
- Approximately 3,080 square feet of building area
- 2,375‑square‑foot lot; 0.0545 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,237
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,740
$1.6M
Cap Rate 7%
$1,117,671
$1.1M
Cap Rate 9%
$869,300
$869.3K
Market Conditions
NOI Build-Up for 3,080 SF
Gross rent
$118.3K $38.40/SF
− Vacancy
−$6.5K −$2.11/SF
EGI
$111.8K $36.29/SF
− OpEx
−$33.5K −$10.89/SF
NOI
$78.2K $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%
$1,564,740
Cap Rate 7%
$1,117,671
Cap Rate 9%
$869,300
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$978.0K – $1.30M
NOI $78,237 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$1.01M
$885.6K – $1.18M
NOI $70,851 @ 7.0% cap · market cap 4.72%
Theoretical Best
Warehouse
$2.13M
$1.87M – $2.49M
NOI $149,396 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,048
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - The occupied property contains a mix of two- and three-bedroom apartments.
Where is this quadplex located?
The property is located at 1618 Taylor Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four occupied apartments with a mix of 2‑bedroom and 3‑bedroom layouts; Approximately 3,080 square feet of building area; 2,375‑square‑foot lot; 0.0545 acres
