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7-Unit Apartment Building
For Sale
$3,100,000

439 E 143rd St E, Bronx, NY 10454

Apartments feature in-unit laundry, stainless steel appliances, and individual thermostats.

Property Size6,350 SF
Price / SF$488.19
Days on Market47

Property Features for 439 E 143rd St E

General Information

Standard status Active
Size 6,350 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Sprinkler System Yes
Multifamily Units 7

Amenities

hardwood floors
stainless steel appliances
in-unit laundry
individual thermostats
shared community backyard
window A/C units

Building Details

Year Built 1910
Buildings 1
Listing Agency: Metro Star Realty LLC
Listed By: Pamela Busgith
Source: Searchhomesinlongisland
Added: Aug 23 Changed: Oct 7 Last Checked: Oct 7 at 2:16PM

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 Metro Star Realty LLC

Investment Insights

Based on property information with market context.

This 6,350-square-foot multifamily residence contains seven apartments and was built in 1910. Apartment features include hardwood flooring, stainless steel appliances, dishwashers, stoves, refrigerators, in-unit laundry, and individual thermostats. Residents also have access to a shared backyard.

Building systems and improvements include seven hot water heaters, seven boilers, seven electric meters, new windows, a new roof, 14 window air-conditioning units, and a sprinkler system. The property is near parks, restaurants, shops, public transportation, subway lines, and major highways.

Key Highlights

  • Seven apartments in a 6,350‑square‑foot building
  • Built in 1910
  • Seven hot water heaters, seven boilers, and seven electric meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$146,073
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,921,460 $2.9M
Cap Rate 7%
$2,086,757 $2.1M
Cap Rate 9%
$1,623,033 $1.6M
Market Conditions
NOI Build-Up for 6,350 SF
Gross rent
$281.9K $44.40/SF
− Vacancy
−$16.4K −$2.58/SF
EGI
$265.6K $41.82/SF
− OpEx
−$119.5K −$18.82/SF
NOI
$146.1K $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%
$2,921,460
Cap Rate 7%
$2,086,757
Cap Rate 9%
$1,623,033

Alternative Uses

Best Use
Apartment 5plus
$2.09M
$1.83M – $2.43M (±1% cap)
NOI $146,073 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$4.40M
$3.85M – $5.13M (±1% cap)
NOI $308,007 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

4 or 2 Ways Property Management Company

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture Computer & Electronic Repair Travel Agency Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,962
Businesses Nearby

Demographics for 10454, NY

40,232
Population
15,397
Households
2.6
Avg Household Size
33
Median Age
14%
College-Educated
62%
High-School Grad
1.1 sq mi
ZIP Area
36,575
Density / Sq Mi
$27,500
Median Household Income
$31,243
Median Earnings
$1,064
Median Rent
$780,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Apartments feature in-unit laundry, stainless steel appliances, and individual thermostats.
Where is this apartment building located?
The property is located at 439 E 143rd St E Bronx, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Seven apartments in a 6,350‑square‑foot building; Built in 1910; Seven hot water heaters, seven boilers, and seven electric meters
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