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Five-Unit Multifamily Property
New
For Sale
$1,550,000

529 underhill, Bronx, NY 10473

Residential Income, Bronx, NY

Property SizeContact for details
Days on Market3

Property Features for 529 underhill

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Clason Point
Standard status Active

Taxes and HOA fees

Tax Annual Amount 16737
Listing Agency: ESG REALTY INC
Listed By: Shia Greenfeld
Added: Sep 1 Changed: Sep 2 Last Checked: Sep 3 at 11:06AM
MLS# 11961206

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 529 Underhill Ave in the Bronx, this five-unit multifamily property includes a main building and a rear apartment. The layout comprises a vacant three-bedroom basement unit, a five-bedroom first-floor unit to be delivered vacant at closing, and leased two-bedroom and one-bedroom apartments. A separate three-bedroom rear apartment is also leased.

The property includes a parking lot that is currently rented. The unit mix provides a combination of vacant and occupied apartments across the main building and rear structure, with the first-floor residence scheduled for vacant delivery at closing.

Key Highlights

  • Five‑unit multifamily property at 529 Underhill Ave, Bronx, NY 10473
  • Unit mix includes 3‑bedroom, 5‑bedroom, 2‑bedroom, 1‑bedroom, and rear 3‑bedroom apartments
  • Vacant 3‑bedroom basement apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Restaurant Skin Care 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,196
Businesses Nearby

Demographics for 10473, NY

62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
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 - Multifamily property with a mix of vacant and leased apartments.
Where is this apartment building located?
The property is located at 529 underhill Bronx, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Five‑unit multifamily property at 529 Underhill Ave, Bronx, NY 10473; Unit mix includes 3‑bedroom, 5‑bedroom, 2‑bedroom, 1‑bedroom, and rear 3‑bedroom apartments; Vacant 3‑bedroom basement apartment
More about this property
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