Residential Property with Updated
For Sale
$240,000
5500 FIELDSTON Road 6FF, Bronx, NY 10471
The corner apartment includes a separate dining area, hardwood floors, and western and southern exposures.
Property Size800 SF
Price / SF$300
Days on Market12
Property Features for 5500 FIELDSTON Road 6FF
General Information
Standard status
Active
Size
800 SF
Property subtype
Apartment
Additional Details
Public Transit
Yes
Amenities
live-in super
storage
bicycle storage
community room
outdoor seating area
laundry room
Building Details
Building Size
800 SF
Year Built
1960
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Kavanagh Mary Phelan
(718) 877-2686
Source:
Carlinwright
Added: Oct 8
Changed: Oct 17
Last Checked: Oct 19 at 1:13PM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
This corner apartment features an updated kitchen with stainless steel appliances, ample cabinetry, and a deep sink. The living room has built-in glass-front and solid-door cabinets, with a separate dining area. Hardwood flooring extends throughout, and the bedroom receives western and southern light. The unit was freshly painted and includes generous closet space.
The home is in a 100% owner-occupied, pet-friendly cooperative. Building amenities include a live-in superintendent, storage, bicycle storage, a community room, an outdoor seating area, and a laundry room open around the clock. Monthly maintenance covers gas and electricity.
Shopping, restaurants, and schools are nearby. Transportation options include Metro-North, express buses to Manhattan, and local buses connecting to the subway.
The home is in a 100% owner-occupied, pet-friendly cooperative. Building amenities include a live-in superintendent, storage, bicycle storage, a community room, an outdoor seating area, and a laundry room open around the clock. Monthly maintenance covers gas and electricity.
Shopping, restaurants, and schools are nearby. Transportation options include Metro-North, express buses to Manhattan, and local buses connecting to the subway.
Key Highlights
- Corner apartment with western and southern exposures
- Updated kitchen with stainless steel appliances, abundant cabinetry, and a deep sink
- Separate dining area and living room with built‑in cabinets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,403
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,060
$368.1K
Cap Rate 7%
$262,900
$262.9K
Cap Rate 9%
$204,478
$204.5K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$35.5K $44.40/SF
− Vacancy
−$2.1K −$2.58/SF
EGI
$33.5K $41.82/SF
− OpEx
−$15.1K −$18.82/SF
NOI
$18.4K $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%
$368,060
Cap Rate 7%
$262,900
Cap Rate 9%
$204,478
Alternative Uses
Best Use
Apartment 5plus
$262.9K
$230.0K – $306.7K
NOI $18,403 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$554.3K
$485.1K – $646.7K
NOI $38,804 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The corner apartment includes a separate dining area, hardwood floors, and western and southern exposures.
Where is this residential income property located?
The property is located at 5500 FIELDSTON Road 6FF Bronx, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Corner apartment with western and southern exposures; Updated kitchen with stainless steel appliances, abundant cabinetry, and a deep sink; Separate dining area and living room with built‑in cabinets
