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Well-Maintained Cooperative Building
For Sale
$229,500

525 W 236 St 5B The, Bronx, NY 10463

Move-in ready corner unit with flexible floor plan and natural light.

Property Size750 SF
Days on Market313

Property Features for 525 W 236 St 5B The

General Information

Standard status Active
Size 750 SF
Property subtype Residential

Building Details

Building Size 750 SF
Year Built 1956
Listed By: Non Member-MLS
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 3 Last Checked: Oct 7 at 1:46PM

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 Non Member-MLS

Investment Insights

Based on property information with market context.

The property at 525 West 236th Street is a well-maintained cooperative building situated between Riverdale Avenue and Johnson Avenue. This corner unit is in move-in condition and features a flexible, open floor plan. The unit offers ample closet space, numerous windows, and an abundance of natural light. The kitchen was renovated 9 years ago. Oak hardwood floors are present throughout the apartment, complemented by recessed lighting. Every room has windows to maximize sunlight exposure. The building is located one block from shopping on Johnson Avenue and Riverdale Avenue. Transportation options, parks, and schools are nearby. The subway (15-minute walk to the one train), rail link service to Metro North, and all major highways are easily accessible. Building amenities include a laundry room off the lobby, as well as a storage and bike room.

Key Highlights

  • Move‑in condition corner unit with flexible open floor plan.
  • Abundant natural light with windows in every room.
  • Conveniently located near shopping, transportation, parks, and schools.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,253
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,060 $345.1K
Cap Rate 7%
$246,471 $246.5K
Cap Rate 9%
$191,700 $191.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$33.3K $44.40/SF
− Vacancy
−$1.9K −$2.58/SF
EGI
$31.4K $41.82/SF
− OpEx
−$14.1K −$18.82/SF
NOI
$17.3K $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%
$345,060
Cap Rate 7%
$246,471
Cap Rate 9%
$191,700

Alternative Uses

Best Use
Apartment 5plus
$246.5K
$215.7K – $287.6K (±1% cap)
NOI $17,253 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$519.7K
$454.7K – $606.3K (±1% cap)
NOI $36,379 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

3,301
Businesses Nearby

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

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 - Move-in ready corner unit with flexible floor plan and natural light.
Where is this apartment building located?
The property is located at 525 W 236 St 5B The Bronx, NY.
What is the asking price?
The asking price for this property is $229,500.
What are key features of this property?
This property features: Move‑in condition corner unit with flexible open floor plan.; Abundant natural light with windows in every room.; Conveniently located near shopping, transportation, parks, and schools.
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