Brick-and-Stone
For Sale
$1,249,000
2854 Kingsbridge Terrace, Bronx, NY 10463
Residential Income, Bronx, NY
Property Size4,620 SF
Lot Size0.11 Acres
Price / SF$270.35
Days on Market53
Property Features for 2854 Kingsbridge Terrace
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R6
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 8, Bedroom 7, Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 6, Bedroom 4
Parking features
Driveway
Basement
Full, Finished
Lot features
Back Yard
Subdivision
Off Island
Standard status
Active
Size
4,620 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
8873
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Amenities
oversized garage
Building Details
Year built
1920
Floors in Building
3
Number of units
3
Building materials
Brick, Stone
Architectural style
Colonial
Listing Agency:
EXP Realty
(888) 276-0630
Listed By:
Jazmin F Molina · License #10401350277
(631) 926-7909
Added: Jul 28
Changed: Sep 13
Last Checked: Sep 18 at 9:06AM
MLS# 2604239
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,620-square-foot Colonial multifamily property was built in 1920 and features a durable brick-and-stone exterior. The property includes an oversized garage, driveway parking, hot-water heating powered by natural gas, and a public sewer connection. Its 0.1125-acre lot and R6 zoning support its residential multifamily classification.
Located at 2854 Kingsbridge Terrace in Bronx, New York, the property carries a 10463 ZIP code and is situated in Bronx County. The building’s masonry construction, garage, and established residential configuration provide practical physical features for an income-property owner or occupant.
Located at 2854 Kingsbridge Terrace in Bronx, New York, the property carries a 10463 ZIP code and is situated in Bronx County. The building’s masonry construction, garage, and established residential configuration provide practical physical features for an income-property owner or occupant.
Key Highlights
- 4,620 square feet on a 0.1125‑acre lot
- Brick‑and‑stone exterior construction
- Oversized garage plus driveway parking
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
$106,277
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
8.51%
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%
$2,125,540
$2.1M
Cap Rate 7%
$1,518,243
$1.5M
Cap Rate 9%
$1,180,856
$1.2M
Market Conditions
NOI Build-Up for 4,620 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
$205.1K $44.40/SF
− Vacancy
−$11.9K −$2.58/SF
EGI
$193.2K $41.82/SF
− OpEx
−$87.0K −$18.82/SF
NOI
$106.3K $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 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%
$2,125,540
Cap Rate 7%
$1,518,243
Cap Rate 9%
$1,180,856
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,355 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,277 @ 7.0% cap · market cap 8.51%
Theoretical Best
Warehouse
$3.20M
$2.80M – $3.73M
NOI $224,093 @ 7.0% cap · market cap 17.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,432
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Colonial multifamily property with driveway parking, natural-gas hot-water heat, and an oversized garage.
Where is this triplex located?
The property is located at 2854 Kingsbridge Terrace Bronx, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 4,620 square feet on a 0.1125‑acre lot; Brick‑and‑stone exterior construction; Oversized garage plus driveway parking
