Brick Apartment Building with
For Sale
$1,375,000
3341 Barker Avenue, Bronx, NY 10467
The brick residence includes a rear garage and additional driveway parking.
Property Size3,886 SF
Price / SF$353.83
Days on Market164
Property Features for 3341 Barker Avenue
General Information
Standard status
Active
Size
3,886 SF
Property subtype
Commercial
Zoning
R5A
Units
Unit Mix
3 x 2BR, 3 x 1BR
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$16,824
Building Details
Building Size
3,886 SF
Year Built
1920
Buildings
1
Units
6
Construction
brick
Listing Agency:
Keller Williams Realty NYC Grp
(718) 697-6800
Listed By:
Errol W. Lewis
(914) 582-2483
Source:
Croninreale
Added: May 14
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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 Keller Williams Realty NYC Grp
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Investment Insights
Based on property information with market context.
This brick apartment property contains 3,886 square feet of living space, with a two-car garage positioned behind the building and additional driveway parking. The reported bedroom mix comprises three two-bedroom apartments and three one-bedroom apartments. Four units are currently vacant.
Built in 1920, the property is zoned R5A and is located on Barker Avenue in the Bronx.
Built in 1920, the property is zoned R5A and is located on Barker Avenue in the Bronx.
Key Highlights
- 3,886 square feet of living space
- Three two‑bedroom apartments and three one‑bedroom apartments
- Four units currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,560
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,200
$1.7M
Cap Rate 7%
$1,208,000
$1.2M
Cap Rate 9%
$939,556
$939.6K
Market Conditions
NOI Build-Up for 3,886 SF
Gross rent
$163.2K $42.00/SF
− Vacancy
−$9.5K −$2.44/SF
EGI
$153.7K $39.56/SF
− OpEx
−$69.2K −$17.80/SF
NOI
$84.6K $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%
$1,691,200
Cap Rate 7%
$1,208,000
Cap Rate 9%
$939,556
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,560 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.69M
$2.36M – $3.14M
NOI $188,491 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - The brick residence includes a rear garage and additional driveway parking.
Where is this apartment building located?
The property is located at 3341 Barker Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 3,886 square feet of living space; Three two‑bedroom apartments and three one‑bedroom apartments; Four units currently vacant
