Four-Story Multifamily Income
For Sale
$2,999,999
3545-3547 Carlisle Place, Bronx, NY 10467
2011-built two-building multifamily asset with 16 units across two separate tax lots, on-site tenant-paid utilities.
Property Size11,630 SF
Lot Size0.11 Acres
Price / SF$257.95
Days on Market63
Property Features for 3545-3547 Carlisle Place
General Information
Standard status
Active
Size
11,630 SF
Lot size
0.11 Acres
Property subtype
Commercial
Zoning
R6A
Additional Details
Cap Rate
7.9%
Multifamily Units
16
Building Details
Building Size
5,575 SF
Year Built
2011
Stories
4
Listing Agency:
eXp Realty
(917) 599-8976
Listed By:
Manuel Galan
(917) 599-8976
Source:
Cohenandcohenrealty
Added: May 30
Changed: Jul 22
Last Checked: Jul 22 at 9:23PM
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 eXp Realty
Investment Insights
Based on property information with market context.
3545-3547 Carlisle Place is a 2011-built multifamily property consisting of two separate 8-unit buildings on distinct tax lots. The buildings are constructed over four stories and include 11,630 SF of gross building area on a 0.11-acre R6A parcel. The property has two currently vacant units that have been upgraded and are ready for new tenancy.
Tenants pay their own heat and electric. The listing notes a 421-A tax abatement in place and availability of information such as the income, tax abatement, and rent-roll for qualified parties upon request.
The offering is presented as a major investment opportunity and includes the potential for assumable below-market debt as described in the remarks.
Tenants pay their own heat and electric. The listing notes a 421-A tax abatement in place and availability of information such as the income, tax abatement, and rent-roll for qualified parties upon request.
The offering is presented as a major investment opportunity and includes the potential for assumable below-market debt as described in the remarks.
Key Highlights
- 2011‑built 16‑unit multifamily asset in the Bronx (Williamsbridge), split across two 8‑unit tax lots
- Two separate four‑story buildings totaling 11,630 SF on a 0.11‑acre R6A parcel
- 421‑A tax abatement in place; inquire about assumable below‑market debt with a 3.75% rate
Financial Insights For Apartment 5plus
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 | $488.5k | $42.00 |
| − Vacancy | −$28.3k | −$2.44 |
| EGI | $460.1k | $39.56 |
| − OpEx | −$207.1k | −$17.80 |
| NOI | $253.1k | $21.76 |
11,630 SF · lease $42.00/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.62M
$3.16M – $4.22M
NOI $253,071 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.06M
$7.05M – $9.40M
NOI $564,114 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
2,419
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?
Apartment building - 2011-built two-building multifamily asset with 16 units across two separate tax lots, on-site tenant-paid utilities.
Where is this apartment building located?
The property is located at 3545-3547 Carlisle Place Bronx, NY.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 2011‑built 16‑unit multifamily asset in the Bronx (Williamsbridge), split across two 8‑unit tax lots; Two separate four‑story buildings totaling 11,630 SF on a 0.11‑acre R6A parcel; 421‑A tax abatement in place; inquire about assumable below‑market debt with a 3.75% rate
