Detached Brick Mixed-Use
4279 Katonah Avenue, Bronx, NY 10470
For Sale
New
$979,000
Pending
The upper floors contain four apartments, while a bar operator occupies the ground-floor commercial space.
Property Size4,080 SF
Days on Market4
Property Features for 4279 Katonah Avenue
General Information
Standard status
Size
Total Parking Spaces
Net Operating Income
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Public Transit
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
ductless CAC
Ductless, Wall/Window Unit(s)
Natural Gas, Radiant
Partially Finished, Storage Space, Unfinished
Gas Water Heater
No Garage, None
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Tenancy
Listing Agency:
Double C Realty
Listed By:
Kieran Dwyer
(914) 629-7649
Source:
Evrealestate
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 5:33AM
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 Double C Realty
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Investment Insights
Based on property information with market context.
This detached brick property contains over 4000 square feet of mixed-use space. A bar tenant occupies the ground floor, with a lease that has 7 years remaining. The second and third floors hold three one-bedroom apartments and one two-bedroom apartment. The building dates to 1930 and has ductless CAC, a gas boiler, and updated electric service.
The property is in the Woodlawn Heights section of the Bronx, near Metro-North service, buses, shopping centers, and parks. It has a Walk Score of 90, a Transit Score of 80, and a Bike Score of 50. Sale is subject to keeping all tenants in place.
The property is in the Woodlawn Heights section of the Bronx, near Metro-North service, buses, shopping centers, and parks. It has a Walk Score of 90, a Transit Score of 80, and a Bike Score of 50. Sale is subject to keeping all tenants in place.
Key Highlights
- Over 4000 square feet of mixed‑use space
- Ground‑floor bar tenant has 7 years remaining on the lease
- Three one‑bedroom apartments and one two‑bedroom apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,702
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,040
$1.6M
Cap Rate 7%
$1,167,171
$1.2M
Cap Rate 9%
$907,800
$907.8K
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$146.9K $36.00/SF
− Vacancy
−$16.2K −$3.96/SF
EGI
$130.7K $32.04/SF
− OpEx
−$49.0K −$12.02/SF
NOI
$81.7K $20.03/SF
Area
Bronx, NY
Vacancy
11.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,040
Cap Rate 7%
$1,167,171
Cap Rate 9%
$907,800
Alternative Uses
Best Use
Specialty Retail
$1.42M
$1.25M – $1.66M
NOI $99,695 @ 7.0% cap · market cap 10.18%
Second Best
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,855 @ 7.0% cap · market cap 9.59%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,273 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,396
Businesses Nearby
129k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Groceries 6%
Dining 5%
Dollar Tree
Shops & Services
27,216 visits/mo
0.5 miles
Mobil
Shops & Services
20,074 visits/mo
0.2 miles
Chase Bank
Shops & Services
13,732 visits/mo
0.3 miles
Sunoco
Shops & Services
11,453 visits/mo
0.3 miles
Bank of America
Shops & Services
9,777 visits/mo
0.4 miles
Demographics for 10470, NY
16,686
Population
6,869
Households
2.4
Avg Household Size
38
Median Age
41%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
11,919
Density / Sq Mi
$81,134
Median Household Income
$54,227
Median Earnings
$1,656
Median Rent
$500,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Bronx
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The upper floors contain four apartments, while a bar operator occupies the ground-floor commercial space.
Where is this mixed-use property located?
The property is located at 4279 Katonah Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Over 4000 square feet of mixed‑use space; Ground‑floor bar tenant has 7 years remaining on the lease; Three one‑bedroom apartments and one two‑bedroom apartment
