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Silver Beach 2 Bedroom Coop
For Sale
$399,999

6 Elm Pl 6 The, Bronx, NY 10465

Charming 2 bedroom coop with beach access and amenities.

Property Size1,000 SF
Days on Market314

Property Features for 6 Elm Pl 6 The

General Information

Standard status Active
Size 1,000 SF
Property subtype Residential

Building Details

Building Size 1,000 SF
Year Built 1920
Listing Agency: Prudential Kafcos Realty
Listed By: Gregory Kafcos
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 29 Last Checked: Oct 7 at 2:13PM

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 Prudential Kafcos Realty

Investment Insights

Based on property information with market context.

This 2-bedroom coop is located in Silver Beach and offers a blend of comfort and charm. The property features a spacious living room that flows seamlessly into the kitchen, which includes a washer/dryer and a dining area. A full basement provides storage space. Recent updates include a new roof, boiler, and outdoor pavers. Silver Beach offers amenities such as private beach access, security, a playground, a community center, and convenient access to the Manhattan express bus.

Key Highlights

  • Private beach access in Silver Beach
  • Move‑in ready condition
  • Washer/dryer in unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,004
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,080 $460.1K
Cap Rate 7%
$328,629 $328.6K
Cap Rate 9%
$255,600 $255.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$44.4K $44.40/SF
− Vacancy
−$2.6K −$2.58/SF
EGI
$41.8K $41.82/SF
− OpEx
−$18.8K −$18.82/SF
NOI
$23.0K $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 Rate 5%
$460,080
Cap Rate 7%
$328,629
Cap Rate 9%
$255,600

Alternative Uses

Best Use
Apartment 5plus
$328.6K
$287.6K – $383.4K (±1% cap)
NOI $23,004 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$692.9K
$606.3K – $808.4K (±1% cap)
NOI $48,505 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

1,332
Businesses Nearby

Demographics for 10465, NY

45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
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 - Charming 2 bedroom coop with beach access and amenities.
Where is this apartment building located?
The property is located at 6 Elm Pl 6 The Bronx, NY.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Private beach access in Silver Beach; Move‑in ready condition; Washer/dryer in unit
More about this property
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