Residential Income Property with
460 W 236th Street 3B, Bronx, NY 10463
For Sale
$649,000
Corner residence in a boutique building with a private terrace, open kitchen, central HVAC, and extensive resident amenities.
Property Size1,038 SF
Price / SF$625.24
Days on Market64
Property Features for 460 W 236th Street 3B
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
rooftop deck
fitness center
live-in super
virtual doorman
playroom
package room
elevator
parking
in-unit washer/dryer
central heat and A/C
Building Details
Building Size
Year Built
Listing Agency:
Bizzarro Agency LLC
Listed By:
Matthew J Bizzarro
(917) 979-2259
Source:
Carlinwright
Added: Sep 4
Changed: Nov 3
Last Checked: Nov 6 at 4:06PM
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 Bizzarro Agency LLC
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Investment Insights
Based on property information with market context.
This corner residential income property is configured as a two-bedroom, two-bath residence with a private terrace and wraparound windows. The interior includes hardwood flooring, a foyer, open living and dining areas, crown molding, wainscoting, and a kitchen equipped with quartz countertops, stainless steel appliances, ceramic tile backsplash, and a dining bar. The primary suite includes an ensuite bath with radiant-heated floor tiles and a frameless rain shower. A stacked washer and dryer and central heat and A/C add everyday convenience.
Built in 2005, the boutique building contains 53 residences and offers a rooftop deck with gas grills, a fitness center, playroom, package room, elevator, parking, live-in superintendent, and virtual doorman. The pet-friendly property is near shops, cafes, parks, restaurants, independent retailers, Ewen Park Dog Run, Metro-North, and the #1 train.
Built in 2005, the boutique building contains 53 residences and offers a rooftop deck with gas grills, a fitness center, playroom, package room, elevator, parking, live-in superintendent, and virtual doorman. The pet-friendly property is near shops, cafes, parks, restaurants, independent retailers, Ewen Park Dog Run, Metro-North, and the #1 train.
Key Highlights
- Private terrace attached to a corner two‑bedroom, two‑bath residence
- Boutique building with 53 residences, elevator, parking, and virtual doorman
- Kitchen features quartz counters, stainless steel appliances, tile backsplash, and dining bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,878
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,560
$477.6K
Cap Rate 7%
$341,114
$341.1K
Cap Rate 9%
$265,311
$265.3K
Market Conditions
NOI Build-Up for 1,038 SF
Gross rent
$46.1K $44.40/SF
− Vacancy
−$2.7K −$2.58/SF
EGI
$43.4K $41.82/SF
− OpEx
−$19.5K −$18.82/SF
NOI
$23.9K $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%
$477,560
Cap Rate 7%
$341,114
Cap Rate 9%
$265,311
Alternative Uses
Best Use
Apartment 5plus
$341.1K
$298.5K – $398.0K
NOI $23,878 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$719.3K
$629.4K – $839.1K
NOI $50,348 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,081
Businesses Nearby
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Business Placement
Demographics for 10463, NY
71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
Median Home Value
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Market
Properties on Market for Residential income properties in Bronx
Frequently Asked Questions
What type of property is this?
Residential income property - Corner residence in a boutique building with a private terrace, open kitchen, central HVAC, and extensive resident amenities.
Where is this residential income property located?
The property is located at 460 W 236th Street 3B Bronx, NY.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Private terrace attached to a corner two‑bedroom, two‑bath residence; Boutique building with 53 residences, elevator, parking, and virtual doorman; Kitchen features quartz counters, stainless steel appliances, tile backsplash, and dining bar
