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Newly Finished Studio Apartments
For Sale
$3,200,000

2152 Muliner Ave, Bronx, NY 10462

Ten vacant studio apartments with modern finishes and strong rental potential.

Property SizeContact for details
Days on Market145

Property Features for 2152 Muliner Ave

General Information

Standard status Active
Listing Agency: Metro Scape Realty LLC
Listed By: Artan Volaj
Source: Exprealty
Added: Mar 20 Changed: Jul 10 Last Checked: Aug 10 at 9:02AM

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 Metro Scape Realty LLC

Investment Insights

Based on property information with market context.

This property features ten newly finished studio apartments, each equipped with an individual HVAC system. The apartments include modern kitchens with stainless steel appliances and quartz countertops, along with stylish bathrooms. The bright, open layouts are designed to maximize natural light and feature high-quality finishes throughout. The units are currently fully vacant, presenting a turnkey opportunity for investors. The projected gross income at full occupancy is $24,040 per month, or $288,480 annually. This income results in a potential market capitalization rate of approximately 8.2% at the asking price of $3.2 million.

Key Highlights

  • Turnkey investment opportunity with 10 newly finished, fully vacant studio apartments.
  • High potential market capitalization (cap rate) of approximately 8.2% at the asking price.
  • Projected gross annual income of $288,480 at full occupancy.

Property Analytics

Current Use

Furnari Roseann Dental Office Lunardi Susan DDS Dental Office

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Parking Lot & Garage Skin Care Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,775
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten vacant studio apartments with modern finishes and strong rental potential.
Where is this apartment building located?
The property is located at 2152 Muliner Ave Bronx, NY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Turnkey investment opportunity with 10 newly finished, fully vacant studio apartments.; High potential market capitalization (cap rate) of approximately 8.2% at the asking price.; Projected gross annual income of $288,480 at full occupancy.
More about this property
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