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Mott Haven Three-Family Residence
For Sale
$874,888

323 Concord Ave The, Bronx, NY 10454

Impeccably maintained, fully leased three-family residence in Mott Haven.

Property SizeContact for details
Days on Market120

Property Features for 323 Concord Ave The

General Information

Standard status Active
Property subtype Multi Family

Building Details

Year Built 1910
Listing Agency: Top Nest Inc
Listed By: Yat Chi (Stanley) Ng
Source: Elliman
Added: Apr 14 Changed: Jul 10 Last Checked: Aug 10 at 4:07AM

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 Top Nest Inc

Investment Insights

Based on property information with market context.

This three-family residence is located on a quiet, residential street in Mott Haven. The property features three generously scaled units, each with upgraded kitchens, contemporary baths, and abundant natural light. All units are fully leased to reliable tenants, providing a consistent, market-aligned income stream and a 5% cap rate. The property is situated moments from the Bronx waterfront, dining, cultural venues, and multiple transit options, including the 2, 5, and 6 trains, offering connectivity to Manhattan. The location has a bike score of 71, indicating it is very bikeable, a walk score of 90, indicating it is very walkable, and a transit score of 100, indicating it is a rider's paradise. This property is an investment opportunity for stability and long-term growth in a high-demand neighborhood.

Key Highlights

  • Turnkey investment property with a 5% cap rate and consistent income stream from fully leased units.
  • Located in the high‑demand, rapidly evolving Mott Haven neighborhood.
  • Excellent transit options with a perfect transit score of 100, providing effortless connectivity to Manhattan via the 2, 5, and 6 trains.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Computer & Electronic Repair Travel Agency Catering Service

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

Location Intelligence

Trade Area within ½ mile

2,809
Businesses Nearby

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Impeccably maintained, fully leased three-family residence in Mott Haven.
Where is this triplex located?
The property is located at 323 Concord Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $874,888.
What are key features of this property?
This property features: Turnkey investment property with a 5% cap rate and consistent income stream from fully leased units.; Located in the high‑demand, rapidly evolving Mott Haven neighborhood.; Excellent transit options with a perfect transit score of 100, providing effortless connectivity to Manhattan via the 2, 5, and 6 trains.
More about this property
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