Bank-Owned Multifamily
For Sale
$799,999
Pending
3340 Fish Ave The, Bronx, NY 10469
Offered as-is without interior access or leases available before closing.
Property Size2,240 SF
Days on Market54
Property Features for 3340 Fish Ave The
General Information
Standard status
Pending
Size
2,240 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,530
Building Details
Building Size
2,240 SF
Year Built
1920
Units
3
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Gregory Parks · License #10301223131
(631) 858-2452
Source:
Elliman
Added: Aug 28
Changed: Oct 6
Last Checked: Oct 19 at 6:54AM
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 Douglas Elliman Real Estate
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 multifamily property at 3340 Fish Ave in The Bronx was built in 1920 and is being sold by a bank. The transaction is offered on an as-is basis, with no interior access available before closing and no leases provided.
A photograph of the Certificate of Occupancy is included with the property photos. The address records a Walk Score of 83, a Transit Score of 82, and a Bike Score of 74, indicating access to walking, transit, and bicycle transportation options.
A photograph of the Certificate of Occupancy is included with the property photos. The address records a Walk Score of 83, a Transit Score of 82, and a Bike Score of 74, indicating access to walking, transit, and bicycle transportation options.
Key Highlights
- Bank‑owned multifamily property at 3340 Fish Ave, The Bronx, NY 10469
- Built in 1920
- Sale is on an as‑is basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,528
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,560
$1.0M
Cap Rate 7%
$736,114
$736.1K
Cap Rate 9%
$572,533
$572.5K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$99.5K $44.40/SF
− Vacancy
−$5.8K −$2.58/SF
EGI
$93.7K $41.82/SF
− OpEx
−$42.2K −$18.82/SF
NOI
$51.5K $23.00/SF
Area
Bronx, NY
Vacancy
5.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,030,560
Cap Rate 7%
$736,114
Cap Rate 9%
$572,533
Alternative Uses
Best Use
Apartment 5plus
$736.1K
$644.1K – $858.8K
NOI $51,528 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.55M
$1.36M – $1.81M
NOI $108,651 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Location Intelligence
Trade Area within ½ mile
2,114
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Offered as-is without interior access or leases available before closing.
Where is this multifamily property located?
The property is located at 3340 Fish Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Bank‑owned multifamily property at 3340 Fish Ave, The Bronx, NY 10469; Built in 1920; Sale is on an as‑is basis
