Waterfront Residential Income
For Sale
$575,000
190 Schofield Street 3A, Bronx, NY 10464
A corner condominium residence combines harbor views with private outdoor space and access to a pool, beach area, and deeded parking.
Property Size1,056 SF
Price / SF$544.51
Days on Market10
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Property Features for 190 Schofield Street 3A
General Information
Standard status
Active
Size
1,056 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,277
Amenities
pool
private beach area
landscaped grounds
Building Details
Building Size
1,056 SF
Year Built
1990
Listing Agency:
Compass
Listed By:
Geoffrey Evan Weiss · License #10301223128
(954) 816-7333
Source:
Carlinwright
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 15 at 6:03AM
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 Compass
Investment Insights
Based on property information with market context.
Unit 3A is a corner condominium residence with waterfront views from its windows and two balconies. The open living and dining area includes a wood-burning fireplace, while the kitchen has a breakfast bar and cabinet and counter space. A stacked washer and dryer, guest half bath, and bedroom suite with a full bath, whirlpool tub, and walk-in closet round out the interior. The bedroom’s balcony measures 17 feet. The building was constructed in 1990.
The home is part of a gated waterfront community on City Island. Shared amenities include an in-ground pool, private beach area, landscaped grounds, and deeded parking. City Island Avenue’s shops, seafood markets, waterfront restaurants, and yacht clubs are nearby, as are Pelham Bay Park and Orchard Beach. Local bus service connects with subway and Metro-North options.
The home is part of a gated waterfront community on City Island. Shared amenities include an in-ground pool, private beach area, landscaped grounds, and deeded parking. City Island Avenue’s shops, seafood markets, waterfront restaurants, and yacht clubs are nearby, as are Pelham Bay Park and Orchard Beach. Local bus service connects with subway and Metro-North options.
Key Highlights
- Corner condominium residence with waterfront views from every window
- Two balconies, including a 17' bedroom balcony overlooking the pool and harbor
- Wood‑burning fireplace, open kitchen with breakfast bar, and stacked washer/dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,292
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,840
$485.8K
Cap Rate 7%
$347,029
$347.0K
Cap Rate 9%
$269,911
$269.9K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$46.9K $44.40/SF
− Vacancy
−$2.7K −$2.58/SF
EGI
$44.2K $41.82/SF
− OpEx
−$19.9K −$18.82/SF
NOI
$24.3K $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%
$485,840
Cap Rate 7%
$347,029
Cap Rate 9%
$269,911
Alternative Uses
Best Use
Apartment 5plus
$347.0K
$303.7K – $404.9K
NOI $24,292 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$731.7K
$640.3K – $853.7K
NOI $51,221 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
Explore this area
Business Placement
Demographics for 10464, NY
4,592
Population
2,255
Households
2
Avg Household Size
50
Median Age
46%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
1,481
Density / Sq Mi
$100,306
Median Household Income
$70,148
Median Earnings
$1,993
Median Rent
$667,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A corner condominium residence combines harbor views with private outdoor space and access to a pool, beach area, and deeded parking.
Where is this residential income property located?
The property is located at 190 Schofield Street 3A Bronx, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Corner condominium residence with waterfront views from every window; Two balconies, including a 17' bedroom balcony overlooking the pool and harbor; Wood‑burning fireplace, open kitchen with breakfast bar, and stacked washer/dryer
