One-Bedroom Residential Income
For Sale
$210,000
5444 ARLINGTON Avenue G45, Bronx, NY 10471
Co-op residence with an open eat-in kitchen, stainless steel appliances, and access to landscaped grounds and shared amenities.
Property Size650 SF
Price / SF$323.08
Days on Market22
Property Features for 5444 ARLINGTON Avenue G45
General Information
Standard status
Active
Size
650 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
common laundry area
playground
landscaped gardens
Building Details
Building Size
650 SF
Year Built
1939
Listing Agency:
ICONIC PROS
Listed By:
Shail Barot · License #10401343910
(929) 273-8757
Source:
Carlinwright
Added: Sep 10
Changed: Sep 27
Last Checked: Sep 30 at 5:35PM
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 ICONIC PROS
Investment Insights
Based on property information with market context.
This 650-square-foot co-op residence at 5444 Arlington Avenue, Unit G45, offers one bedroom and one bathroom in a building completed in 1939. The interior includes an open eat-in kitchen equipped with stainless steel appliances, a dishwasher, and Fossil Grey Caesarstone countertops. Residents also have access to a common laundry area, playground, and landscaped gardens within the complex.
The property is located in the Riverdale section of the Bronx, near local shops, cafés, and restaurants along Riverdale and Johnson Avenues. Nearby outdoor destinations include Wave Hill, Van Cortlandt Park, and waterfront parks and trails. Local and express bus service, subway access, and Metro-North stations provide connections throughout the Bronx, Westchester, and Manhattan.
The property is located in the Riverdale section of the Bronx, near local shops, cafés, and restaurants along Riverdale and Johnson Avenues. Nearby outdoor destinations include Wave Hill, Van Cortlandt Park, and waterfront parks and trails. Local and express bus service, subway access, and Metro-North stations provide connections throughout the Bronx, Westchester, and Manhattan.
Key Highlights
- 650‑square‑foot co‑op residence with 1 bedroom and 1 bathroom
- Open eat‑in kitchen with stainless steel appliances and dishwasher
- Fossil Grey Caesarstone countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,952
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,040
$299.0K
Cap Rate 7%
$213,600
$213.6K
Cap Rate 9%
$166,133
$166.1K
Market Conditions
NOI Build-Up for 650 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$28.9K $44.40/SF
− Vacancy
−$1.7K −$2.58/SF
EGI
$27.2K $41.82/SF
− OpEx
−$12.2K −$18.82/SF
NOI
$15.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$299,040
Cap Rate 7%
$213,600
Cap Rate 9%
$166,133
Alternative Uses
Best Use
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,952 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$450.4K
$394.1K – $525.5K
NOI $31,528 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
903
Businesses Nearby
Explore this area
Business Placement
Demographics for 10471, NY
25,121
Population
9,453
Households
2.7
Avg Household Size
44
Median Age
58%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
14,777
Density / Sq Mi
$108,738
Median Household Income
$65,261
Median Earnings
$1,729
Median Rent
$406,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Co-op residence with an open eat-in kitchen, stainless steel appliances, and access to landscaped grounds and shared amenities.
Where is this residential income property located?
The property is located at 5444 ARLINGTON Avenue G45 Bronx, NY.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 650‑square‑foot co‑op residence with 1 bedroom and 1 bathroom; Open eat‑in kitchen with stainless steel appliances and dishwasher; Fossil Grey Caesarstone countertops
