2011-Built 16-Unit Multifamily
For Sale
$2,999,999
3545-3547 Carlisle Pl The, Bronx, NY 10467
Two upgraded units are ready for new tenancy in a 2011-built Bronx multifamily with tenant-paid utilities.
Property Size11,630 SF
Lot Size0.11 Acres
Price / SF$257.95
Days on Market59
Property Features for 3545-3547 Carlisle Pl The
General Information
Standard status
Active
Size
11,630 SF
Lot size
0.11 Acres
Property subtype
Commercial
Zoning
R6A
Occupancy
88%
Additional Details
Cap Rate
7.9%
Multifamily Units
16
Building Details
Year Built
2011
Stories
4
Tenancy
Multi
Listing Agency:
eXp Realty
(917) 599-8976
Listed By:
Manuel Galan
(917) 599-8976
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 30 at 6:25AM
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 16-unit multifamily asset presented as two separate 8-unit tax lots. The property is constructed over four stories and includes 11,630 SF of gross building area on a 0.11-acre R6A parcel. Current details indicate tenants pay their own heat and electric. Per the provided information, two units are vacant and have been upgraded and are ready for new tenancy.
The offering is located in the Williamsbridge section of the Bronx. The seller notes a 7.9% cap rate on in-place income and availability of income, tax abatement, rent-roll, and additional information for qualified parties upon request. The property also carries a 421-A tax abatement in place, and the financing discussion includes the potential for assumable below-market debt at 3.75%.
For buyers and investors seeking a relatively newer, institutionally built multifamily structure with measured near-term capex expectations as described, the combination of two tax lots, in-place 421-A benefits, and immediate ready-for-tenant unit availability may be particularly relevant. The property’s utility setup, with heat and electric paid by tenants, is also a practical operating consideration.
The offering is located in the Williamsbridge section of the Bronx. The seller notes a 7.9% cap rate on in-place income and availability of income, tax abatement, rent-roll, and additional information for qualified parties upon request. The property also carries a 421-A tax abatement in place, and the financing discussion includes the potential for assumable below-market debt at 3.75%.
For buyers and investors seeking a relatively newer, institutionally built multifamily structure with measured near-term capex expectations as described, the combination of two tax lots, in-place 421-A benefits, and immediate ready-for-tenant unit availability may be particularly relevant. The property’s utility setup, with heat and electric paid by tenants, is also a practical operating consideration.
Key Highlights
- 2011‑built 16‑unit multifamily asset in the Bronx (3545–3547 Carlisle Place), built over four stories on two separate 8‑unit tax lots
- 11,630 SF gross building area on a 0.11‑acre R6A parcel
- Assumable below‑market debt in place with a stated 3.75% rate; 421‑A tax abatement in place
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
Property Profile
Current Use
Lease Details
16
Residential units
87.5%
Occupancy
Multi-tenant
Tenancy
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 - Two upgraded units are ready for new tenancy in a 2011-built Bronx multifamily with tenant-paid utilities.
Where is this apartment building located?
The property is located at 3545-3547 Carlisle Pl The 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 (3545–3547 Carlisle Place), built over four stories on two separate 8‑unit tax lots; 11,630 SF gross building area on a 0.11‑acre R6A parcel; Assumable below‑market debt in place with a stated 3.75% rate; 421‑A tax abatement in place
