Bronx Co-Op with Open
For Sale
$169,999
Pending
2640 Marion Ave 6H The, Bronx, NY 10458
Spacious 2-bedroom co-op in the heart of the Bronx.
Property Size650 SF
Days on Market314
Property Features for 2640 Marion Ave 6H The
General Information
Standard status
Pending
Size
650 SF
Property subtype
Residential
Building Details
Building Size
650 SF
Year Built
1960
Listed By:
Alberto De La Rosa
(516) 698-7993
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 5
Last Checked: Oct 7 at 12:57PM
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 Alberto De La Rosa
Investment Insights
Based on property information with market context.
This is a 2-bedroom co-op located in the Bronx. The property features a spacious living room, an open kitchen, and a dining space.
Key Highlights
- Spacious Living Room
- 2 Bedroom Co‑Op
- Open Kitchen with Dining Space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,952
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,040
$299.0K
Cap Rate 7%
$213,600
$213.6K
Cap Rate 9%
$166,133
$166.1K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$28.9K $44.40/SF
− Vacancy
−$1.7K −$2.58/SF
EGI
$27.2K $41.82/SF
− OpEx
−$12.2K −$18.82/SF
NOI
$15.0K $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%
$299,040
Cap Rate 7%
$213,600
Cap Rate 9%
$166,133
Alternative Uses
Best Use
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,952 @ 7.0% cap · market cap 8.80%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$450.4K
$394.1K – $525.5K
NOI $31,528 @ 7.0% cap · market cap 18.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,456
Businesses Nearby
Explore this area
Business Placement
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
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 - Spacious 2-bedroom co-op in the heart of the Bronx.
Where is this apartment building located?
The property is located at 2640 Marion Ave 6H The Bronx, NY.
What is the asking price?
The asking price for this property is $169,999.
What are key features of this property?
This property features: Spacious Living Room; 2 Bedroom Co‑Op; Open Kitchen with Dining Space
