Legal 3-Family Brick
For Sale
$1,230,000
3277 Parkside Place, Bronx, NY 10467
Move-in-ready legal three-family in Norwood with an attached 2-car garage and private backyard.
Property Size3,872 SF
Price / SF$317.67
Days on Market50
Property Features for 3277 Parkside Place
General Information
Standard status
Active
Size
3,872 SF
Total Parking Spaces
2
Property subtype
Triplex
Zoning
R7B
Additional Details
Multifamily Units
3
Building Details
Year Built
1920
Stories
3
Tenancy
Multi
Listing Agency:
Exit Realty DKC
(718) 676-1371
Listed By:
Imam Hasan
(718) 676-1371
Source:
Compass
Added: Jun 13
Changed: Jul 21
Last Checked: Aug 1 at 2:00PM
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 DKC
Investment Insights
Based on property information with market context.
Legal 3-family brick, semi-detached home in Norwood, the Bronx, offering approximately 3,872 square feet. The property includes an attached 2-car garage and a shared driveway—an uncommon parking setup in the Bronx. Inside, the first floor is a 2-bedroom, 1-bathroom unit. The second and third floors each feature high ceilings with a spacious 5-bedroom layout, including 1 full and 1 half bathroom. Solid brick construction runs throughout, with a private backyard.
Recent improvements include new electrical, new lintels on the windows, and a recently redone exterior. The property is listed as R7B zoning.
Convenient to transit and daily needs, the home is located near the D train and the 2 and 5 subway lines, with a Metro-North station nearby, along with shopping, grocery stores, restaurants, and parks. Montefiore Medical Center and North Central Bronx Hospital are also close by.
Recent improvements include new electrical, new lintels on the windows, and a recently redone exterior. The property is listed as R7B zoning.
Convenient to transit and daily needs, the home is located near the D train and the 2 and 5 subway lines, with a Metro-North station nearby, along with shopping, grocery stores, restaurants, and parks. Montefiore Medical Center and North Central Bronx Hospital are also close by.
Key Highlights
- Legal 3‑family brick semi‑detached home in Norwood, Bronx, built in 1920
- Approximately 3,872 sq ft with an attached 2‑car garage and shared driveway—uncommon parking setup in the Bronx
- Move‑in‑ready with new electrical, new lintel for all windows, and a recently redone exterior
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 | $144.0k | $37.20 |
| − Vacancy | −$9.4k | −$2.42 |
| EGI | $134.7k | $34.78 |
| − OpEx | −$40.4k | −$10.43 |
| NOI | $94.3k | $24.35 |
3,872 SF · lease $37.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M
NOI $94,273 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,255 @ 7.0% cap · market cap 6.85%
Theoretical Best
Warehouse
$2.68M
$2.35M – $3.13M
NOI $187,812 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,665
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
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 - Move-in-ready legal three-family in Norwood with an attached 2-car garage and private backyard.
Where is this triplex located?
The property is located at 3277 Parkside Place Bronx, NY.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: Legal 3‑family brick semi‑detached home in Norwood, Bronx, built in 1920; Approximately 3,872 sq ft with an attached 2‑car garage and shared driveway—uncommon parking setup in the Bronx; Move‑in‑ready with new electrical, new lintel for all windows, and a recently redone exterior
