Four-Unit Multifamily
1715 Saint Peters Ave The, Bronx, NY 10461
For Sale
New
$1,599,000
Finished basement and shared driveway complement this residential income property.
Property Size3,616 SF
Days on Market3
Property Features for 1715 Saint Peters Ave The
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Island Advantage Realty, LLC
Listed By:
Kamruz Z. Baccu · License NY 40BA1029231
(347) 465-3220
Source:
Elliman
Added: Nov 8
Changed: Nov 10
Last Checked: Nov 8 at 3:59PM
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 Island Advantage Realty, LLC
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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 four-family residential income property includes a finished basement and a shared driveway. Built in 1926, the building is in the Bronx.
Walk Score is 93, Transit Score is 92, and Bike Score is 52.
Walk Score is 93, Transit Score is 92, and Bike Score is 52.
Key Highlights
- Four‑family residential property
- Finished basement
- Shared driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,852
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,837,040
$1.8M
Cap Rate 7%
$1,312,171
$1.3M
Cap Rate 9%
$1,020,578
$1.0M
Market Conditions
NOI Build-Up for 3,616 SF
Gross rent
$138.9K $38.40/SF
− Vacancy
−$7.6K −$2.11/SF
EGI
$131.2K $36.29/SF
− OpEx
−$39.4K −$10.89/SF
NOI
$91.9K $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%
$1,837,040
Cap Rate 7%
$1,312,171
Cap Rate 9%
$1,020,578
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $91,852 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,181 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,775 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
5,262
Businesses Nearby
Explore this area
Business Placement
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Bronx, NY
Properties on Market for Quadplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Finished basement and shared driveway complement this residential income property.
Where is this quadplex located?
The property is located at 1715 Saint Peters Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Four‑family residential property; Finished basement; Shared driveway
