20-Unit Apartment
For Sale
$4,000,000
1995 Birchall, Bronx, NY 10462
Business Opportunity, Bronx, NY
Property Size10,640 SF
Lot Size0.24 Acres
Price / SF$375.94
Days on Market70
Property Features for 1995 Birchall
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Family
Bathrooms
25
Full bathrooms
25
Rooms
Bathroom 11, Bathroom 21, Bathroom 16, Bathroom 15, Bathroom 1, Bathroom 24, Bathroom 25, Bathroom 23, Bathroom 9, Bathroom 12, Bathroom 18, Bathroom 8, Bathroom 14, Bathroom 7, Bathroom 13, Bathroom 4, Bathroom 5, Bathroom 19, Bathroom 22, Bathroom 17, Bathroom 10, Bathroom 6, Bathroom 20, Bathroom 2, Bathroom 3
Subdivision
Van Nest
View
Park
Standard status
Active
Size
10,640 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
45000
Building Details
Year built
1973
Building materials
Brick
Roof type
Rubber
Listing Agency:
CAPLINE CONSOLIDATED LLC
Listed By:
Robert Shiryak
Added: Aug 21
Changed: Oct 22
Last Checked: Oct 29 at 12:06PM
MLS# 11975536
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 20-unit apartment building contains approximately 10,640 square feet and was constructed in 1973 with brick exterior walls and a rubber roof. The property is fully occupied and sits on a 0.2352-acre corner lot with approximately 225 feet of frontage. Its residential configuration and existing occupancy provide a defined multifamily operating platform.
The building is located across the street from Bronx Park, with the Bronx Zoo and Starlight Park also identified nearby. Retail and services are available around Morris Park Avenue and Westchester Square. The property is zoned R7-1 and includes approximately 30,325 square feet of unused residential air rights, while the source information identifies approximately 40,980 buildable square feet under the zoning designation.
The building is located across the street from Bronx Park, with the Bronx Zoo and Starlight Park also identified nearby. Retail and services are available around Morris Park Avenue and Westchester Square. The property is zoned R7-1 and includes approximately 30,325 square feet of unused residential air rights, while the source information identifies approximately 40,980 buildable square feet under the zoning designation.
Key Highlights
- 20‑unit apartment building with full occupancy
- Approximately 10,640 SF on a 0.2352‑acre corner lot
- Approximately 225 feet of frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,275
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,605,500
$4.6M
Cap Rate 7%
$3,289,643
$3.3M
Cap Rate 9%
$2,558,611
$2.6M
Market Conditions
NOI Build-Up for 10,640 SF
Gross rent
$443.0K $41.64/SF
− Vacancy
−$24.4K −$2.29/SF
EGI
$418.7K $39.35/SF
− OpEx
−$188.4K −$17.71/SF
NOI
$230.3K $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%
$4,605,500
Cap Rate 7%
$3,289,643
Cap Rate 9%
$2,558,611
Alternative Uses
Best Use
Apartment 5plus
$3.29M
$2.88M – $3.84M
NOI $230,275 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.08M
$4.44M – $5.92M
NOI $355,378 @ 7.0% cap · market cap 8.88%
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
20
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,241
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with brick construction, established residential surroundings, and development capacity under R7-1 zoning.
Where is this apartment building located?
The property is located at 1995 Birchall Bronx, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 20‑unit apartment building with full occupancy; Approximately 10,640 SF on a 0.2352‑acre corner lot; Approximately 225 feet of frontage
