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37-Unit Apartment Building
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231 Brook Ave The, Bronx, NY 10454

Multi-unit property with established commercial occupancy at street level and access to nearby transit, dining, and retail.

Property SizeContact for details
Days on Market143

Property Features for 231 Brook Ave The

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $40,000

Additional Details

Cap Rate 6.8%
Public Transit Yes
Multifamily Units 37

Building Details

Tenancy Multi
Listing Agency: Prime Realty
Listed By: Alina Yukhtman · License #10301218803
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:40PM

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 Prime Realty

Investment Insights

Based on property information with market context.

This 37-unit apartment building at 231 Brook Ave and 502 E 138th Street includes five commercial tenants occupying the ground floor. The combination of residential units and street-level commercial occupancy creates a multi-use operating profile within the asset.

The property is located in The Bronx, NY, near mass transportation, eateries, and shops. Financial metrics include a 6.8% cap rate; the stated annual NOI has been omitted from this description.

Key Highlights

  • 37‑unit apartment building
  • Five commercial tenants on the ground floor
  • 6.8% cap rate

Property Analytics

Current Use

El Cantinero Poblano Restaurant Organovit Take-out & Catering Los mangos bar ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Skin Care Clinic Gym & Fitness Center 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.

Lease Details

37
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,969
Businesses Nearby

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Multi-unit property with established commercial occupancy at street level and access to nearby transit, dining, and retail.
Where is this apartment building located?
The property is located at 231 Brook Ave The Bronx, NY.
What are key features of this property?
This property features: 37‑unit apartment building; Five commercial tenants on the ground floor; 6.8% cap rate
(718) 229-2922 Call to check price and availability
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