Residential Income Property For
For Sale
$375,000
2400 JOHNSON Ave 10C The, Bronx, NY 10463
Residential income property available for purchase in The Bronx, NY.
Property Size950 SF
Days on Market315
Property Features for 2400 JOHNSON Ave 10C The
General Information
Standard status
Active
Size
950 SF
Property subtype
Residential
Building Details
Building Size
950 SF
Year Built
1969
Stories
13
Units
129
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Carol Landon · License #10301205525
(212) 920-7990
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 5
Last Checked: Oct 7 at 12:12PM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
A residential income property is available for purchase. The property is located at 2400 JOHNSON Ave 10C, The Bronx, NY 10463. The listed price is $399000.
Key Highlights
- Year Built: 1969
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,853
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,060
$437.1K
Cap Rate 7%
$312,186
$312.2K
Cap Rate 9%
$242,811
$242.8K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$42.2K $44.40/SF
− Vacancy
−$2.4K −$2.58/SF
EGI
$39.7K $41.82/SF
− OpEx
−$17.9K −$18.82/SF
NOI
$21.9K $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%
$437,060
Cap Rate 7%
$312,186
Cap Rate 9%
$242,811
Alternative Uses
Best Use
Apartment 5plus
$312.2K
$273.2K – $364.2K
NOI $21,853 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,301
Businesses Nearby
Explore this area
Business Placement
Demographics for 10463, NY
71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Residential income property available for purchase in The Bronx, NY.
Where is this apartment building located?
The property is located at 2400 JOHNSON Ave 10C The Bronx, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Year Built: 1969
