Four-Unit Residential
For Sale
$1,250,000
2427 Fuller Street, Bronx, NY 10461
A walkout basement and separately paid gas and electric service complement the four-unit layout.
Property Size3,296 SF
Lot Size0.05 Acres
Price / SF$379.25
Days on Market27
Property Features for 2427 Fuller Street
General Information
Standard status
Active
Size
3,296 SF
Lot size
0.05 Acres
Property subtype
Residential Income
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$13,960
Amenities
First Floor Full Bath
Open Kitchen
Building Details
Building Size
3,296 SF
Year Built
1928
Units
4
Listing Agency:
Noel Antonio Properties LLC
Listed By:
Jessica Figueroa
(347) 797-7905
Source:
Adamstreetrealty
Added: Oct 7
Changed: Nov 1
Last Checked: Nov 1 at 3:14PM
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 Noel Antonio Properties LLC
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Investment Insights
Based on property information with market context.
This four-unit residential property contains approximately 3,296 square feet of building area on a 2,250-square-foot lot. A walkout basement adds to the building’s configuration. The property dates to 1928 and uses gas heating, with municipal water and sewer service.
Tenants pay their own gas and electric costs, while the landlord pays for water. The property is in the Bronx, with public transportation, neighborhood shopping, dining, schools, and everyday amenities nearby.
Tenants pay their own gas and electric costs, while the landlord pays for water. The property is in the Bronx, with public transportation, neighborhood shopping, dining, schools, and everyday amenities nearby.
Key Highlights
- Four residential units
- Approximately 3,296 square feet of building area
- 2,250‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,724
Cap Rate
6.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,674,480
$1.7M
Cap Rate 7%
$1,196,057
$1.2M
Cap Rate 9%
$930,267
$930.3K
Market Conditions
NOI Build-Up for 3,296 SF
Gross rent
$126.6K $38.40/SF
− Vacancy
−$7.0K −$2.11/SF
EGI
$119.6K $36.29/SF
− OpEx
−$35.9K −$10.89/SF
NOI
$83.7K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,674,480
Cap Rate 7%
$1,196,057
Cap Rate 9%
$930,267
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.40M
NOI $83,724 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$1.08M
$947.8K – $1.26M
NOI $75,820 @ 7.0% cap · market cap 6.07%
Theoretical Best
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,873 @ 7.0% cap · market cap 12.79%
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
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
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?
Quadplex - A walkout basement and separately paid gas and electric service complement the four-unit layout.
Where is this quadplex located?
The property is located at 2427 Fuller Street 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 residential units; Approximately 3,296 square feet of building area; 2,250‑square‑foot lot
