Two-Building Triplex
3039-3041 Young Avenue, Bronx, NY 10469
For Sale
$2,898,000
All six residences are vacant and configured with three bedrooms and one full bath each.
Property Size5,400 SF
Price / SF$536.67
Days on Market139
Property Features for 3039-3041 Young Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
EXIT Realty Private Client
Listed By:
Shtjefen Saljanin
(917) 939-9725
Source:
Shawmetro
Added: Jun 24
Changed: Nov 8
Last Checked: Oct 11 at 5:45AM
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 EXIT Realty Private Client
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This package combines two newly built, semi-attached triplex buildings for a total of six residential units. Each residence has three bedrooms and one full bathroom. The properties were built in 2026 and are being offered vacant as a single package.
The combined property size is 5,400 square feet.
The combined property size is 5,400 square feet.
Key Highlights
- Two semi‑attached triplex buildings offered together
- Six residential units, each with 3 bedrooms and 1 full bath
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,169
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,743,380
$2.7M
Cap Rate 7%
$1,959,557
$2.0M
Cap Rate 9%
$1,524,100
$1.5M
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$207.4K $38.40/SF
− Vacancy
−$11.4K −$2.11/SF
EGI
$196.0K $36.29/SF
− OpEx
−$58.8K −$10.89/SF
NOI
$137.2K $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%
$2,743,380
Cap Rate 7%
$1,959,557
Cap Rate 9%
$1,524,100
Alternative Uses
Best Use
Multifamily LT 5
$1.96M
$1.71M – $2.29M
NOI $137,169 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.77M
$1.55M – $2.07M
NOI $124,220 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$2.58M
$2.25M – $3.01M
NOI $180,361 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,991
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
Median Home Value
Market
Average Price Trend$/SF for Triplexes in Bronx, NY
Properties on Market for Triplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All six residences are vacant and configured with three bedrooms and one full bath each.
Where is this triplex located?
The property is located at 3039-3041 Young Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $2,898,000.
What are key features of this property?
This property features: Two semi‑attached triplex buildings offered together; Six residential units, each with 3 bedrooms and 1 full bath; Built in 2026
