Victorian Residential Income
For Sale
$1,300,000
Pending
4309 Vireo Avenue, Bronx, NY 10470
1910-built property with garage, driveway, balcony, garden, and storage space.
Property Size3,362 SF
Days on Market84
Property Features for 4309 Vireo Avenue
General Information
Standard status
Pending
Size
3,362 SF
Total Parking Spaces
6
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$9,717
Amenities
Oil
Full, Storage Space, Unfinished
Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Eat-in Kitchen, Entrance Foyer, High Ceilings, Natural Woodwork, Pantry, Soaking Tub, Stone Counters, Storage
Decorative
Driveway, Garage, On Street
Balcony, Garden
Victorian
Building Details
Building Size
3,362 SF
Year Built
1910
Listing Agency:
Coldwell Banker Residential Brokerage
Listed By:
Luciana DiGiacomo
(914) 582-2369
Source:
Evrealestate
Added: Jul 16
Changed: Sep 23
Last Checked: Oct 7 at 12:58PM
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 Coldwell Banker Residential Brokerage
Investment Insights
Based on property information with market context.
Built in 1910, this residential income property features Victorian exterior character and a range of interior details, including cathedral ceilings, high ceilings, crown molding, natural woodwork, decorative elements, and an eat-in kitchen. Additional interior features include a pantry, stone counters, a soaking tub, storage, and unfinished space.
The property includes a garage, driveway, and on-street parking, along with a balcony and garden. It is located at the corner of 237th Street and Vireo Avenue, with Martha as the cross street, in Bronx County, New York.
The property includes a garage, driveway, and on-street parking, along with a balcony and garden. It is located at the corner of 237th Street and Vireo Avenue, with Martha as the cross street, in Bronx County, New York.
Key Highlights
- Built in 1910
- Victorian exterior
- Garage, driveway, and on‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,338
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,546,760
$1.5M
Cap Rate 7%
$1,104,829
$1.1M
Cap Rate 9%
$859,311
$859.3K
Market Conditions
NOI Build-Up for 3,362 SF
Gross rent
$149.3K $44.40/SF
− Vacancy
−$8.7K −$2.58/SF
EGI
$140.6K $41.82/SF
− OpEx
−$63.3K −$18.82/SF
NOI
$77.3K $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%
$1,546,760
Cap Rate 7%
$1,104,829
Cap Rate 9%
$859,311
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$966.7K – $1.29M
NOI $77,338 @ 7.0% cap · market cap 5.95%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.33M
$2.04M – $2.72M
NOI $163,074 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,662
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - 1910-built property with garage, driveway, balcony, garden, and storage space.
Where is this residential income property located?
The property is located at 4309 Vireo Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Built in 1910; Victorian exterior; Garage, driveway, and on‑street parking
