Longwood Three-Family Brick
For Sale
$1,199,900
637 Barretto St The, Bronx, NY 10474
Attached 3-family home in Longwood with investment potential.
Property Size3,295 SF
Lot Size0.04 Acres
Days on Market211
Property Features for 637 Barretto St The
General Information
Standard status
Active
Size
3,295 SF
Lot size
0.04 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,580
Building Details
Building Size
3,295 SF
Year Built
2007
Units
3
Listing Agency:
BESMATCH REAL ESTATE
Listed By:
Seidou Moluh · License #10401369695
(917) 957-7266
Source:
Elliman
Added: Mar 10
Changed: Oct 6
Last Checked: Oct 5 at 6:47PM
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 BESMATCH REAL ESTATE
Investment Insights
Based on property information with market context.
Located in Longwood, this attached brick three-family home presents an investment opportunity or potential for owner-occupancy. The first-floor unit includes 2 bedrooms and 1 full bath. The second and third-floor units each feature 3 bedrooms and 2 bathrooms. The property includes a backyard suitable for outdoor gatherings. Street parking is available. The location provides convenient access to shopping, schools, public transportation, and major highways.
Key Highlights
- Three separate units offer investment potential or owner‑occupancy opportunity.
- Two units feature 3 bedrooms and 2 bathrooms each.
- Convenient location near shopping, schools, public transportation, and major highways.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,698
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,960
$1.7M
Cap Rate 7%
$1,195,686
$1.2M
Cap Rate 9%
$929,978
$930.0K
Market Conditions
NOI Build-Up for 3,295 SF
Gross rent
$126.5K $38.40/SF
− Vacancy
−$7.0K −$2.11/SF
EGI
$119.6K $36.29/SF
− OpEx
−$35.9K −$10.89/SF
NOI
$83.7K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,960
Cap Rate 7%
$1,195,686
Cap Rate 9%
$929,978
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.39M
NOI $83,698 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$1.08M
$947.5K – $1.26M
NOI $75,797 @ 7.0% cap · market cap 6.32%
Theoretical Best
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,824 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,588
Businesses Nearby
Explore this area
Business Placement
Demographics for 10474, NY
12,013
Population
4,092
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
1.5 sq mi
ZIP Area
8,009
Density / Sq Mi
$41,279
Median Household Income
$31,084
Median Earnings
$1,406
Median Rent
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
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Frequently Asked Questions
What type of property is this?
Triplex - Attached 3-family home in Longwood with investment potential.
Where is this triplex located?
The property is located at 637 Barretto St The Bronx, NY.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: Three separate units offer investment potential or owner‑occupancy opportunity.; Two units feature **3 bedrooms and 2 bathrooms each**.; Convenient location near shopping, schools, public transportation, and major highways.
