Residential Income Property with Finished
New
For Sale
$900,500
3324 Barker Avenue, Bronx, NY 10467
A 1910-built Bronx property includes finished interior space, an entrance foyer, high ceilings, and storage.
Property Size2,066 SF
Days on Market2
Property Features for 3324 Barker Avenue
General Information
Standard status
Active
Size
2,066 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,889
Amenities
Electric
Natural Gas
Finished
Entrance Foyer, High Ceilings, In-Law Floorplan, Storage
Attached, Driveway
Building Details
Building Size
2,066 SF
Year Built
1910
Listed By:
Crystal C. Jones
(914) 320-9469
Source:
Evrealestate
Added: Oct 19
Last Checked: Oct 19 at 2:22PM
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 Crystal C. Jones
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Investment Insights
Based on property information with market context.
Built in 1910, this residential income property has finished interior space with an entrance foyer, high ceilings, and dedicated storage. An in-law floorplan is also noted, along with electric and natural gas service.
The property has an attached exterior configuration and a driveway. It is located in the Bronx.
The property has an attached exterior configuration and a driveway. It is located in the Bronx.
Key Highlights
- Built in 1910
- Finished interior space with an entrance foyer and high ceilings
- In‑law floorplan and interior storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,957
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,140
$899.1K
Cap Rate 7%
$642,243
$642.2K
Cap Rate 9%
$499,522
$499.5K
Market Conditions
NOI Build-Up for 2,066 SF
Gross rent
$86.8K $42.00/SF
− Vacancy
−$5.0K −$2.44/SF
EGI
$81.7K $39.56/SF
− OpEx
−$36.8K −$17.80/SF
NOI
$45.0K $21.76/SF
Area
ZIP 10467
Vacancy
5.80%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$899,140
Cap Rate 7%
$642,243
Cap Rate 9%
$499,522
Alternative Uses
Best Use
Apartment 5plus
$642.2K
$562.0K – $749.3K
NOI $44,957 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,211 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
6,185
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A 1910-built Bronx property includes finished interior space, an entrance foyer, high ceilings, and storage.
Where is this residential income property located?
The property is located at 3324 Barker Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $900,500.
What are key features of this property?
This property features: Built in 1910; Finished interior space with an entrance foyer and high ceilings; In‑law floorplan and interior storage
