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Triplex with Full Basement
For Sale
$999,000
Pending

3425 Dekalb Ave The, Bronx, NY 10467

R7-zoned three-family residence with private entrances and driveway parking.

Property Size2,940 SF
Days on Market155

Property Features for 3425 Dekalb Ave The

General Information

Standard status Pending
Size 2,940 SF
Property subtype Investment
Zoning R7

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $7,721

Amenities

private entrance
full basement

Building Details

Building Size 2,940 SF
Year Built 1920
Units 3
Listing Agency: RE/MAX Distinguished Homes & Properties
Listed By: Eric Stein · License #49ST1168831
Source: Elliman
Added: May 9 Changed: Oct 9 Last Checked: Oct 7 at 12:35PM

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 RE/MAX Distinguished Homes & Properties

Investment Insights

Based on property information with market context.

This three-unit residential property, built in 1920, is arranged with one residence on the first floor and two additional units above. Each unit has a separate entrance, while a full basement provides substantial storage and flexible space. A driveway supplies on-site parking. The property is zoned R7.

The address is 3425 Dekalb Ave in The Bronx, NY 10467. Transportation access includes the 4 and D subway lines, Metro-North trains, local and express bus service, and the Bronx River Pkwy. Parks, shopping, and dining are also nearby. Walk Score is 81, Transit Score is 100, and BikeScore is 71.

Key Highlights

  • Three‑unit property with one first‑floor unit and two upper‑level units
  • R7 zoning
  • Separate private entrance for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,581
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,620 $1.4M
Cap Rate 7%
$1,022,586 $1.0M
Cap Rate 9%
$795,344 $795.3K
Market Conditions
NOI Build-Up for 2,940 SF
Gross rent
$109.4K $37.20/SF
− Vacancy
−$7.1K −$2.42/SF
EGI
$102.3K $34.78/SF
− OpEx
−$30.7K −$10.43/SF
NOI
$71.6K $24.35/SF
Area
ZIP 10467
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,431,620
Cap Rate 7%
$1,022,586
Cap Rate 9%
$795,344

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$894.8K – $1.19M (±1% cap)
NOI $71,581 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$913.9K
$799.7K – $1.07M (±1% cap)
NOI $63,975 @ 7.0% cap · market cap 6.40%
Theoretical Best
Warehouse
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,605 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Gym & Fitness Center HVAC Service Cafe & Coffee Shop

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

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,948
Businesses Nearby

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
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

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

What type of property is this?
Triplex - R7-zoned three-family residence with private entrances and driveway parking.
Where is this triplex located?
The property is located at 3425 Dekalb Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three‑unit property with one first‑floor unit and two upper‑level units; R7 zoning; Separate private entrance for each unit
More about this property
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