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Renovated Triplex

2458 Lorillard Place, Bronx, NY 10458

For Sale
New
$1,599,000

Three apartments offer private laundry, individual heating and cooling, and access to a finished walkout basement.

Property Size3,616 SF
Price / SF$442.20
Days on Market3

Property Features for 2458 Lorillard Place

General Information

Standard status Active
Size 3,616 SF
Property subtype Residential Income

Units

Unit Mix 1 x 5BR/3BA, 2 x 3BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $5,713

Amenities

split-unit heating and cooling
private laundry room
private balcony
skylight
finished basement
backyard
Finished,Full,See Remarks,Walk-Out Access
5
Yes
11
Open Floorplan,Open Kitchen,Quartz/Quartzite Counters,Recessed Lighting
Finished, Full, See Remarks, Walk-Out Access
Public
No
On Street
3616

Building Details

Building Size 3,616 SF
Year Built 1901
Buildings 1
Listing Agency:
Listed By: Emmanuel Faure
Source: Schunkrealtygroup
Added: Nov 7 Changed: Nov 9 Last Checked: Nov 8 at 4:45PM

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 Emmanuel Faure

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Investment Insights

Based on property information with market context.

This 3,616-square-foot triplex, built in 1901, contains three apartments. The first-floor home has five bedrooms, three bathrooms, a balcony, and backyard access. Both upper apartments have three bedrooms and one full bathroom; one includes a living-room skylight, and the other has a balcony. A finished basement with high ceilings has walkout access, and the property also includes a spacious backyard. Each apartment has a private washer-and-dryer area, while separate split heating and cooling units serve the rooms. Kitchens, bathrooms, electrical systems, and flooring have been renovated.

The property is a short distance from Fordham University, the Botanical Gardens, the Bronx Zoo, Fordham Road Metro-North station, subway lines 4, D, and 2, major highways, and Fordham Road shopping.

Key Highlights

  • Three apartments with a total of 11 bedrooms and 5 bathrooms
  • 3,616 square feet; built in 1901
  • First‑floor apartment has 5 bedrooms, 3 bathrooms, a balcony, and backyard access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$91,852
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,837,040 $1.8M
Cap Rate 7%
$1,312,171 $1.3M
Cap Rate 9%
$1,020,578 $1.0M
Market Conditions
NOI Build-Up for 3,616 SF
Gross rent
$138.9K $38.40/SF
− Vacancy
−$7.6K −$2.11/SF
EGI
$131.2K $36.29/SF
− OpEx
−$39.4K −$10.89/SF
NOI
$91.9K $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%
$1,837,040
Cap Rate 7%
$1,312,171
Cap Rate 9%
$1,020,578

Alternative Uses

Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M (±1% cap)
NOI $91,852 @ 7.0% cap · market cap 5.74%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,181 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M (±1% cap)
NOI $120,775 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,552
Businesses Nearby

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Bronx, NY

$405 Jul
$411 Aug
$395 Sep
$408 Oct

Properties on Market for Triplexes in Bronx

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments offer private laundry, individual heating and cooling, and access to a finished walkout basement.
Where is this triplex located?
The property is located at 2458 Lorillard Place Bronx, NY.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Three apartments with a total of 11 bedrooms and 5 bathrooms; 3,616 square feet; built in 1901; First‑floor apartment has 5 bedrooms, 3 bathrooms, a balcony, and backyard access
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