Renovated Residential Income
For Sale
$599,000
Pending
180 Davis Ave #12A, Bronx, NY 10465
Updated apartment with dual balconies, water views, assigned parking, and extensive interior improvements.
Property Size1,124 SF
Days on Market82
Property Features for 180 Davis Ave #12A
General Information
Standard status
Pending
Size
1,124 SF
Total Parking Spaces
1
Property subtype
Land
Additional Details
Multifamily Units
1
Amenities
balcony
water views
hardwood floors
central AC
stainless steel appliances
dishwasher
microwave
washer/dryer in unit
14 ft ceilings
new windows
Building Details
Year Built
1995
Listing Agency:
B2b Real Estate Group Inc
(347) 517-8828
Listed By:
The Moda Team at Compass
(914) 236-0001
Source:
Modarealty
Added: Jul 30
Changed: Oct 15
Last Checked: Oct 19 at 6:32AM
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 B2b Real Estate Group Inc
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Investment Insights
Based on property information with market context.
This 1,124-square-foot residential income property was built in 1995 and renovated in 2026. The apartment includes a living room balcony and a separate primary bedroom balcony, each oriented toward views of the bridge and Long Island Sound. Interior features include hardwood flooring throughout, renovated bathrooms, a remodeled kitchen with stainless steel appliances, central air conditioning, in-unit laundry, and 14-foot ceilings in the living room and primary bedroom.
The residence also includes an assigned parking space. Building and systems updates noted for the apartment include new electrical service throughout, a new 4-ton air-conditioning system, new windows, a dishwasher, and a microwave. The property is located in the Throggs Neck section of the Bronx at 180 Davis Ave #12A.
The residence also includes an assigned parking space. Building and systems updates noted for the apartment include new electrical service throughout, a new 4-ton air-conditioning system, new windows, a dishwasher, and a microwave. The property is located in the Throggs Neck section of the Bronx at 180 Davis Ave #12A.
Key Highlights
- 1,124 SF residential income property built in 1995
- Renovated in 2026 with new electrical service throughout
- Balconies off the living room and primary bedroom with bridge and Long Island Sound views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,856
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,120
$517.1K
Cap Rate 7%
$369,371
$369.4K
Cap Rate 9%
$287,289
$287.3K
Market Conditions
NOI Build-Up for 1,124 SF
Gross rent
$49.9K $44.40/SF
− Vacancy
−$2.9K −$2.58/SF
EGI
$47.0K $41.82/SF
− OpEx
−$21.2K −$18.82/SF
NOI
$25.9K $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%
$517,120
Cap Rate 7%
$369,371
Cap Rate 9%
$287,289
Alternative Uses
Best Use
Apartment 5plus
$369.4K
$323.2K – $430.9K
NOI $25,856 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$778.9K
$681.5K – $908.7K
NOI $54,520 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Explore this area
Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated apartment with dual balconies, water views, assigned parking, and extensive interior improvements.
Where is this residential income property located?
The property is located at 180 Davis Ave #12A Bronx, NY.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,124 SF residential income property built in 1995; Renovated in 2026 with new electrical service throughout; Balconies off the living room and primary bedroom with bridge and Long Island Sound views
