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Brick Triplex with Rental Income
For Sale
$1,250,000

2730 Kingsbridge Ter The, Bronx, NY 10463

Three residential units include a street-level studio and two larger apartments.

Property Size3,111 SF
Days on Market11

Property Features for 2730 Kingsbridge Ter The

General Information

Standard status Active
Size 3,111 SF
Property subtype Investment

Site & Location

Highway Access Yes
Public Transit Yes

Units

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

Taxes and HOA fees

Annual Taxes $7,927

Building Details

Building Size 3,111 SF
Year Built 2005
Buildings 1
Units 3
Construction brick
Listing Agency: BESMATCH REAL ESTATE
Listed By: Tristan Dillon McCallum
Source: Elliman
Added: Aug 23 Changed: Aug 29 Last Checked: Sep 2 at 6:59PM

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 BESMATCH REAL ESTATE

Investment Insights

Based on property information with market context.

This three-family brick property was built in 2005 and contains seven bedrooms and five full bathrooms. The upper residences each offer three bedrooms and two bathrooms; the third-floor unit has hardwood floors, while the second-floor unit includes a private rear patio. A ground-level studio with a full bathroom and step-free access adds flexibility to the layout. Two heating systems serve the building, and established long-term tenants provide ongoing occupancy.

Located at 2730 Kingsbridge Ter in The Bronx, the property is within walking distance of the 1 train, Metro-North, I-87, Van Cortlandt Park and Golf Course, Target, Planet Fitness, and Broadway-area shops, restaurants, gyms, and retailers. The area records a Walk Score of 89, Transit Score of 100, and Bike Score of 39.

Key Highlights

  • Three‑family brick property with 7 bedrooms and 5 full bathrooms
  • Built in 2005 with two heating systems
  • Third‑floor unit includes 3 bedrooms, 2 full bathrooms, and hardwood floors

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,024
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.32%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,580,480 $1.6M
Cap Rate 7%
$1,128,914 $1.1M
Cap Rate 9%
$878,044 $878.0K
Market Conditions
NOI Build-Up for 3,111 SF 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.
Gross rent
$119.5K $38.40/SF
− Vacancy
−$6.6K −$2.11/SF
EGI
$112.9K $36.29/SF
− OpEx
−$33.9K −$10.89/SF
NOI
$79.0K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,580,480
Cap Rate 7%
$1,128,914
Cap Rate 9%
$878,044

Alternative Uses

Best Use
Multifamily LT 5
$1.13M
$987.8K – $1.32M (±1% cap)
NOI $79,024 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$1.02M
$894.6K – $1.19M (±1% cap)
NOI $71,564 @ 7.0% cap · market cap 5.73%
Theoretical Best
Warehouse
$2.16M
$1.89M – $2.51M (±1% cap)
NOI $150,899 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Acupuncture Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,605
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include a street-level studio and two larger apartments.
Where is this triplex located?
The property is located at 2730 Kingsbridge Ter The 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: Three‑family brick property with 7 bedrooms and 5 full bathrooms; Built in 2005 with two heating systems; Third‑floor unit includes 3 bedrooms, 2 full bathrooms, and hardwood floors
More about this property
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