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Lacombe Avenue Multifamily Opportunity
For Sale
$235,800
Pending

1727 Lacombe Ave 4B The, Bronx, NY 10473

Multifamily property for sale in The Bronx, NY.

Property Size773 SF
Days on Market314

Property Features for 1727 Lacombe Ave 4B The

General Information

Standard status Pending
Size 773 SF
Property subtype Residential

Building Details

Building Size 773 SF
Year Built 2024
Listed By: Kimberly Ramon
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 25 Last Checked: Oct 7 at 12:35PM

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 Kimberly Ramon

Investment Insights

Based on property information with market context.

A multifamily property is available for purchase. The property is located on Lacombe Avenue in The Bronx, NY.

Key Highlights

  • Year Built: 2024 (New Construction)
  • Price: $11

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,782
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,640 $355.6K
Cap Rate 7%
$254,029 $254.0K
Cap Rate 9%
$197,578 $197.6K
Market Conditions
NOI Build-Up for 773 SF
Gross rent
$34.3K $44.40/SF
− Vacancy
−$2.0K −$2.58/SF
EGI
$32.3K $41.82/SF
− OpEx
−$14.5K −$18.82/SF
NOI
$17.8K $23.00/SF
Area
Bronx, NY
Vacancy
5.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$355,640
Cap Rate 7%
$254,029
Cap Rate 9%
$197,578

Alternative Uses

Best Use
Apartment 5plus
$254.0K
$222.3K – $296.4K (±1% cap)
NOI $17,782 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$535.6K
$468.7K – $624.9K (±1% cap)
NOI $37,494 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby

Demographics for 10473, NY

62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property for sale in The Bronx, NY.
Where is this apartment building located?
The property is located at 1727 Lacombe Ave 4B The Bronx, NY.
What is the asking price?
The asking price for this property is $235,800.
What are key features of this property?
This property features: Year Built: 2024 (New Construction); Price: $11
More about this property
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