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Attached 4-Unit Quadplex
For Sale
$825,000
Pending

741 E 213th Street, Bronx, NY 10467

Residential Income, Bronx, NY

Property Size3,154 SF
Days on Market959

Property Features for 741 E 213th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Subdivision Williamsbridge
High school district 000000
Standard status Pending
Size 3,154 SF

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Geoffrey Weiss
Added: Mar 5, 2024 Changed: Oct 20 Last Checked: Oct 20 at 9:06AM
MLS# 11389121

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This attached quadplex contains 3,154 square feet and is configured as a four-family residential property. The recorded room count includes six bedrooms and four bathrooms, providing a defined multifamily layout for residential income use.

The property is located at 741 E 213th Street in the Bronx, NY 10467. Its attached configuration and four-unit designation establish a compact multifamily asset within the Bronx market.

Key Highlights

  • Attached four‑family property
  • 3,154 square feet
  • Six bedrooms and four bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,632
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,640 $1.4M
Cap Rate 7%
$980,457 $980.5K
Cap Rate 9%
$762,578 $762.6K
Market Conditions
NOI Build-Up for 3,154 SF
Gross rent
$132.5K $42.00/SF
− Vacancy
−$7.7K −$2.44/SF
EGI
$124.8K $39.56/SF
− OpEx
−$56.2K −$17.80/SF
NOI
$68.6K $21.76/SF
Area
ZIP 10467
Vacancy
5.80%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,372,640
Cap Rate 7%
$980,457
Cap Rate 9%
$762,578

Alternative Uses

Best Use
Multifamily LT 5
$1.10M
$959.9K – $1.28M (±1% cap)
NOI $76,792 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$980.5K
$857.9K – $1.14M (±1% cap)
NOI $68,632 @ 7.0% cap · market cap 8.32%
Theoretical Best
Warehouse
$2.19M
$1.91M – $2.55M (±1% cap)
NOI $152,985 @ 7.0% cap · market cap 18.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,419
Businesses Nearby

Demographics for 10467, NY

103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four-family residential property with six bedrooms and four bathrooms in the Bronx.
Where is this quadplex located?
The property is located at 741 E 213th Street Bronx, NY.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Attached four‑family property; 3,154 square feet; Six bedrooms and four bathrooms
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