Three-Unit Multifamily
For Sale
$1,125,000
1849 White Plains Road, Bronx, NY 10462
Three bedrooms on each floor and a finished basement provide multiple areas for living and storage.
Property Size3,121 SF
Price / SF$360.46
Days on Market42
Property Features for 1849 White Plains Road
General Information
Standard status
Active
Size
3,121 SF
Total Parking Spaces
4
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,626
Amenities
Eat-In Kitchen
walk-in closets
oversized family room
fully finished basement
separate outside entrance
First Floor Bedroom
First Floor Full Bath
Breakfast Bar
Ceiling Fan(s)
Eat-in Kitchen
Granite Counters
Kitchen Island
Natural Woodwork
Open Kitchen
Pantry
Primary Bathroom
Master Downstairs
Quartz/Quartzite Counters
Storage
Walk Through Kitchen
Walk-In Closet(s)
Awning(s)
Garden
Mailbox
Rain Gutters
Building Details
Building Size
3,121 SF
Year Built
1970
Units
2
Construction
brownstone brick
Listing Agency:
Signature Premier Properties
(631) 751-2111
Listed By:
Vedwati Singh-Ragbar
(917) 517-0627
Source:
Clairedleone
Added: Sep 23
Changed: Oct 29
Last Checked: Nov 3 at 6:21AM
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 Signature Premier Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick multifamily property has two floors with matching layouts, each featuring three bedrooms, an eat-in kitchen, living space, and walk-in closets. An oversized family room adds a gathering area, while the finished basement has a separate exterior entrance. The building contains 3,121 square feet and was built in 1970.
White Plains Road provides access to the #2 and #5 subway trains, a seven-minute walk away, with an approximately 30-minute trip to Manhattan. Nearby bus routes include BX41, BX42, BX21, BX22, BXM10, and BX36. The property is also near Morris Park and has access to the Hutchinson River Parkway, Bronx River Parkway, and Cross Bronx Expressway.
White Plains Road provides access to the #2 and #5 subway trains, a seven-minute walk away, with an approximately 30-minute trip to Manhattan. Nearby bus routes include BX41, BX42, BX21, BX22, BXM10, and BX36. The property is also near Morris Park and has access to the Hutchinson River Parkway, Bronx River Parkway, and Cross Bronx Expressway.
Key Highlights
- Two matching floors, each with three bedrooms and an eat‑in kitchen
- Finished basement with separate exterior entrance
- 3,121 square feet; built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,546
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,920
$1.4M
Cap Rate 7%
$964,943
$964.9K
Cap Rate 9%
$750,511
$750.5K
Market Conditions
NOI Build-Up for 3,121 SF
Gross rent
$130.0K $41.64/SF
− Vacancy
−$7.1K −$2.29/SF
EGI
$122.8K $39.35/SF
− OpEx
−$55.3K −$17.71/SF
NOI
$67.5K $21.64/SF
Area
ZIP 10462
Vacancy
5.50%
Lease Rate
$41.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,350,920
Cap Rate 7%
$964,943
Cap Rate 9%
$750,511
Alternative Uses
Best Use
Apartment 5plus
$964.9K
$844.3K – $1.13M
NOI $67,546 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,242 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,790
Businesses Nearby
Explore this area
Business Placement
Demographics for 10462, NY
84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three bedrooms on each floor and a finished basement provide multiple areas for living and storage.
Where is this multifamily property located?
The property is located at 1849 White Plains Road Bronx, NY.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two matching floors, each with three bedrooms and an eat‑in kitchen; Finished basement with separate exterior entrance; 3,121 square feet; built in 1970
