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Three-Story Apartment Building
For Sale
Contact for pricing
Pending

689 Prospect Ave The, Bronx, NY 10455

Three-story building configured with residential rooms and a dedicated office.

Property Size3,018 SF
Days on Market143

Property Features for 689 Prospect Ave The

General Information

Standard status Pending
Size 3,018 SF
Property subtype Multifamily

Additional Details

Gross Income $71,000

Building Details

Buildings 1
Stories 3
Listing Agency: Maltz Auctions
Listed By: Richard Maltz · License #NY 10311204111
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:36AM

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 Maltz Auctions

Investment Insights

Based on property information with market context.

This three-story apartment property contains 3,018 square feet and is currently arranged as an 11+ room SRO. The existing configuration includes 11 residential rooms along with one office, providing a defined mix of residential and administrative space.

The property is located at 689 Prospect Avenue in The Bronx, New York. Its current annual rent roll is supported by the existing room configuration, while the office provides on-site administrative space within the building.

Key Highlights

  • 3,018 SF three‑story building
  • Currently configured as an 11+ room SRO
  • 11 residential rooms and 1 office

Property Analytics

Current Use

S & V Tax ... Accounting Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Bar & Pub Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,058
Businesses Nearby

Demographics for 10455, NY

43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story building configured with residential rooms and a dedicated office.
Where is this apartment building located?
The property is located at 689 Prospect Ave The Bronx, NY.
What are key features of this property?
This property features: 3,018 SF three‑story building; Currently configured as an 11+ room SRO; 11 residential rooms and 1 office
(516) 349-7022 Call to check price and availability
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