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Spacious Studio Coop For Sale
For Sale
$130,000

4 Fordham Hill Oval 9E The, Bronx, NY 10468

Studio coop with hardwood floors, large windows, and high ceilings.

Property Size500 SF
Days on Market314

Property Features for 4 Fordham Hill Oval 9E The

General Information

Standard status Active
Size 500 SF
Property subtype Residential

Building Details

Building Size 500 SF
Year Built 1950
Listing Agency: NYC - Bronx
Listed By: Vanessa Villanueva · License #10401253505
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 29 Last Checked: Oct 7 at 12:38PM

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 NYC - Bronx

Investment Insights

Based on property information with market context.

This studio coop is located within The Fordham Hill Cooperatives. The unit features hardwood floors, large windows, and high ceilings. With over 500 square feet, the layout accommodates a living space and a sleeping space. The maintenance fee includes all utilities. Building amenities include 24-hour security, a package room, on-site management, a communal laundry room, community rooms, and playgrounds. Transportation options include walking distance to the X12/xM3 bus, the University Heights Metro-North, and proximity to the 1/4/B/D trains.

Key Highlights

  • Spacious 500+ sq ft studio with separate living and sleeping spaces.
  • All utilities included in the maintenance fee.
  • Excellent transportation access: close to X12/xM3 bus, University Heights Metro‑North, and 1/4/B/D trains.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,502
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,040 $230.0K
Cap Rate 7%
$164,314 $164.3K
Cap Rate 9%
$127,800 $127.8K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$22.2K $44.40/SF
− Vacancy
−$1.3K −$2.58/SF
EGI
$20.9K $41.82/SF
− OpEx
−$9.4K −$18.82/SF
NOI
$11.5K $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%
$230,040
Cap Rate 7%
$164,314
Cap Rate 9%
$127,800

Alternative Uses

Best Use
Apartment 5plus
$164.3K
$143.8K – $191.7K (±1% cap)
NOI $11,502 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$346.5K
$303.2K – $404.2K (±1% cap)
NOI $24,253 @ 7.0% cap · market cap 18.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

3,737
Businesses Nearby

Demographics for 10468, NY

78,238
Population
29,553
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
72%
High-School Grad
1.0 sq mi
ZIP Area
78,238
Density / Sq Mi
$46,624
Median Household Income
$29,914
Median Earnings
$1,594
Median Rent
$259,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Studio coop with hardwood floors, large windows, and high ceilings.
Where is this apartment building located?
The property is located at 4 Fordham Hill Oval 9E The Bronx, NY.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Spacious 500+ sq ft studio with separate living and sleeping spaces.; All utilities included in the maintenance fee.; Excellent transportation access: close to X12/xM3 bus, University Heights Metro‑North, and 1/4/B/D trains.
More about this property
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