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    Walk-Up Quadplex with Rent-Stabilized Units Title is generated by Realmo AI

    2884 Valentine Avenue, Bronx, NY 10458

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    For Sale
    $999,999

    Commercial Building, Walk-up - Bronx, NY

    Property size:
    2,310 SF
    Price / SF:
    $432/SF
    Added:
    May 9, 2025
    Days on Market:
    418
    Last Refresh:
    Jun 30 at 1:06 am

    Property Features for 2884 Valentine Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Garage
    Standard status
    Active
    Size
    2,310 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Contact an agent
    Jessica Akde-Elmazi

    Listing agent Jessica Akde-Elmazi

    Listing office Compass 90 Fifth Avenue, 3rd Floor, New York, NY

    Listing date May 9, 2025

    MLS# 11493959 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2884 Valentine Ave., Bronx, NY 10458
    • Now 4 rent‑stabilized units
    • Garage parking
    • Unit rooms listed include Bedroom 1 through Bedroom 5
    • Unit rooms listed include Bathroom 1 through Bathroom 5

    Overview

    This for-sale walk-up quadplex offers multiple residential units with a total building size of 2,310 square feet. The property is described as having spacious units and includes four rent-stabilized units, providing a straightforward configuration for long-term residential occupancy.

    Located at 2884 Valentine Avenue in the Bronx, the building is presented as well positioned for daily convenience, with access to public transportation and proximity to local shops and dining.

    For buyers or investors seeking a small multifamily asset with rent-stabilized tenancy, the presence of four rent-stabilized units is a key consideration. The walk-up setup and unit mix may fit operators looking for a manageable number of homes under one roof, with day-to-day tenant needs supported by nearby neighborhood services and transit access.

    Local Financial Insights For Multifamily LT 5

    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 $88.7k $38.40
    − Vacancy −$4.9k −$2.11
    EGI $83.8k $36.29
    − OpEx −$25.1k −$10.89
    NOI $58.7k $25.40
    2,310 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $838.3K
    $733.5K – $978.0K (±1% cap)
    NOI $58,678 @ 7.0% cap · market cap 5.87%
    Second Best
    Apartment 5plus
    $759.1K
    $664.2K – $885.6K (±1% cap)
    NOI $53,138 @ 7.0% cap · market cap 5.31%
    Theoretical Best
    Warehouse
    $1.60M
    $1.40M – $1.87M (±1% cap)
    NOI $112,047 @ 7.0% cap · market cap 11.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.888663
    Latitude
    40.870039

    FAQs

    What type of property is this?
    Quadplex - Four rent-stabilized units in a walk-up quadplex, with nearby transit, shops, and dining.
    Where is this quadplex located?
    The property is located at 2884 Valentine Avenue Bronx, NY.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: 2884 Valentine Ave., Bronx, NY 10458; Now 4 rent‑stabilized units; Garage parking
    More about this property
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