Brick Quadplex with Finished
For Sale
$1,250,000
Pending
1914 Holland Ave The, Bronx, NY 10462
The property offers a four-unit residential layout with consistent apartment configurations.
Property Size3,014 SF
Days on Market97
Property Features for 1914 Holland Ave The
General Information
Standard status
Pending
Size
3,014 SF
Property subtype
Investment
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$15,000
Building Details
Building Size
3,014 SF
Year Built
1925
Buildings
1
Units
4
Construction
brick
Listing Agency:
Howard Hanna Rand Realty
Listed By:
Jose Maymi · License #10301203639
(914) 328-0333
Source:
Elliman
Added: Jul 20
Changed: Oct 13
Last Checked: Oct 23 at 9:34AM
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 Howard Hanna Rand Realty
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Investment Insights
Based on property information with market context.
Located at 1914 Holland Ave in the Morris Park section of The Bronx, this brick quadplex contains four apartments, each with two bedrooms and one bathroom. A finished basement provides additional interior space within the property’s residential layout.
The property is situated near transportation, parks, the Bronx Zoo, restaurants, and a range of stores, placing everyday services and recreational destinations within the surrounding area.
The property is situated near transportation, parks, the Bronx Zoo, restaurants, and a range of stores, placing everyday services and recreational destinations within the surrounding area.
Key Highlights
- Four 2‑bedroom, 1‑bathroom apartments
- Brick quadplex construction
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,188
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,463,760
$1.5M
Cap Rate 7%
$1,045,543
$1.0M
Cap Rate 9%
$813,200
$813.2K
Market Conditions
NOI Build-Up for 3,014 SF
Gross rent
$110.3K $36.60/SF
− Vacancy
−$5.8K −$1.91/SF
EGI
$104.6K $34.69/SF
− OpEx
−$31.4K −$10.41/SF
NOI
$73.2K $24.28/SF
Area
ZIP 10462
Vacancy
5.22%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,463,760
Cap Rate 7%
$1,045,543
Cap Rate 9%
$813,200
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$914.9K – $1.22M
NOI $73,188 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$931.9K
$815.4K – $1.09M
NOI $65,230 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,668 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,722
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - The property offers a four-unit residential layout with consistent apartment configurations.
Where is this quadplex located?
The property is located at 1914 Holland Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom apartments; Brick quadplex construction; Finished basement
