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5-Unit Apartment Building
For Sale
$1,450,000

529 underhill, Bronx, NY 10473

Residential Income, Bronx, NY

Property SizeContact for details
Days on Market48

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: Oct 16 Last Checked: Oct 18 at 3:06PM
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.

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Investment Insights

Based on property information with market context.

At 529 Underhill Ave in the Bronx, this five-apartment property includes a basement unit with three bedrooms and a five-bedroom first-floor apartment, both vacant. The other apartments are a two-bedroom and a one-bedroom unit in the main building, plus a three-bedroom apartment at the rear; all three are occupied. A rented parking lot is also part of the property.

Key Highlights

  • Five apartments across the main building and a rear apartment
  • Vacant basement apartment with 3 bedrooms
  • First‑floor apartment has 5 bedrooms and will be vacant at closing

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines vacant and occupied apartments with a separately rented parking lot.
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 $1,450,000.
What are key features of this property?
This property features: Five apartments across the main building and a rear apartment; Vacant basement apartment with 3 bedrooms; First‑floor apartment has 5 bedrooms and will be vacant at closing
More about this property
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