Brick Quadplex with
284 Davis Ave The, Bronx, NY 10465
For Sale
New
$1,300,000
Individually metered apartments offer separate utility tracking, with an attached garage and fenced side yard.
Property Size4,185 SF
Days on Market4
Property Features for 284 Davis Ave The
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
balcony
fenced in side yard
hardwood floors
modern kitchens with stone countertops
recessed lighting
gas baseboard heating
wall sleeve A/C units
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
Keller Williams Realty NYC Group
Listed By:
Kenneth Fuentes · License NY #10401214433
(718) 697-6800
Source:
Elliman
Added: Nov 10
Last Checked: Nov 12 at 8:33AM
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 Keller Williams Realty NYC Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick quadplex was built in 2000 and includes an attached one-car garage and a fenced side yard. Interior features include hardwood flooring, kitchens with stone countertops, recessed lighting, gas baseboard heat, and wall-sleeve air-conditioning units. Two apartments have balconies, and the apartments are individually metered.
The property is in Throggs Neck, blocks from East Tremont’s restaurants and shops and Ferry Point Park. The BX 42 stops one block away on Harding Avenue. Ferry Point Park offers ferry service to Manhattan, while the Throggs Neck and Whitestone bridges are a few minutes away.
The property is in Throggs Neck, blocks from East Tremont’s restaurants and shops and Ferry Point Park. The BX 42 stops one block away on Harding Avenue. Ferry Point Park offers ferry service to Manhattan, while the Throggs Neck and Whitestone bridges are a few minutes away.
Key Highlights
- Brick quadplex built in 2000
- Apartments are individually metered
- Attached one‑car garage and fenced side yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,306
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,126,120
$2.1M
Cap Rate 7%
$1,518,657
$1.5M
Cap Rate 9%
$1,181,178
$1.2M
Market Conditions
NOI Build-Up for 4,185 SF
Gross rent
$160.7K $38.40/SF
− Vacancy
−$8.8K −$2.11/SF
EGI
$151.9K $36.29/SF
− OpEx
−$45.6K −$10.89/SF
NOI
$106.3K $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%
$2,126,120
Cap Rate 7%
$1,518,657
Cap Rate 9%
$1,181,178
Alternative Uses
Best Use
Multifamily LT 5
$1.52M
$1.33M – $1.77M
NOI $106,306 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$1.38M
$1.20M – $1.60M
NOI $96,270 @ 7.0% cap · market cap 7.41%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,780 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
Explore this area
Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Bronx, NY
Properties on Market for Quadplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Individually metered apartments offer separate utility tracking, with an attached garage and fenced side yard.
Where is this quadplex located?
The property is located at 284 Davis Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Brick quadplex built in 2000; Apartments are individually metered; Attached one‑car garage and fenced side yard
