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Renovated Sun-Filled Apartment in Bronx
For Sale
$237,500
Pending

555 Kappock St 12J The, Bronx, NY 10463

Renovated one-bedroom apartment with amenities in a full-service building.

Property Size800 SF
Days on Market313

Property Features for 555 Kappock St 12J The

General Information

Standard status Pending
Size 800 SF
Property subtype Residential

Building Details

Building Size 800 SF
Year Built 1966
Listed By: Chrystal Reid · License #10491211320
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 26 Last Checked: Oct 7 at 12:16PM

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 Chrystal Reid

Investment Insights

Based on property information with market context.

This renovated one-bedroom apartment features hardwood floors, ample closet space, and a renovated kitchen and bathroom. The full-service building offers a 24-hour doorman, a seasonal heated swimming pool, a children's play area, a laundry room, a community room, and a fitness center. Located in a desirable area, the building is near express buses, Metro North, and MTA buses to the trains, as well as shopping, banks, restaurants, and schools. All utilities are included in the monthly maintenance. A 20% down payment and board approval are required.

Key Highlights

  • Sun‑filled apartment with hardwood floors and ample closet space.
  • Renovated kitchen and bathroom.
  • All utilities included in monthly maintenance.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,403
Cap Rate
7.75%
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 (±1% cap)
NOI $18,403 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$554.3K
$485.1K – $646.7K (±1% cap)
NOI $38,804 @ 7.0% cap · market cap 16.34%
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated one-bedroom apartment with amenities in a full-service building.
Where is this apartment building located?
The property is located at 555 Kappock St 12J The Bronx, NY.
What is the asking price?
The asking price for this property is $237,500.
What are key features of this property?
This property features: Sun‑filled apartment with hardwood floors and ample closet space.; Renovated kitchen and bathroom.; All utilities included in monthly maintenance.
More about this property
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