2543 Bronxwood Ave, Bronx, NY 10469
Fully occupied 16-unit multi-family property, prime investment opportunity.
- Added:
- Dec 16, 2024
- Days on Market:
- 557
- Last Refresh:
- May 12 at 9:06 pm
Property Features for 2543 Bronxwood Ave
General Information
- Standard status
- Active
- Size
- 8,483 SF
- Property subtype
- Other
Building Details
- Year Built
- 2008
Listing office YourHomeSold Guaranteed Realty (718) 324-6060
Listing date Dec 16, 2024
Source Xome
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 YourHomeSold Guaranteed Realty
HighLights
- Fully occupied multi‑family property with 16 units
- Features a mix of unit types: (1) studio, (8) 1‑bedroom, and (7) 2‑bedroom units
- Building is in great condition
- Reliable tenants already in place
- Seller's financing available
- Year built: 2008
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $376.6k | $44.40 |
| − Vacancy | −$21.8k | −$2.58 |
| EGI | $354.8k | $41.82 |
| − OpEx | −$159.7k | −$18.82 |
| NOI | $195.1k | $23.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.861954
- Latitude
- 40.864512
