Renovated Triplex with Updated
For Sale
$1,150,000
760 Van Nest Ave The, Bronx, NY 10462
Three-story triplex with fully renovated apartments, currently tenant occupied with eviction in final stage.
Property Size3,312 SF
Days on Market162
Property Features for 760 Van Nest Ave The
General Information
Standard status
Active
Size
3,312 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$7,826
Building Details
Building Size
3,312 SF
Year Built
1901
Stories
3
Units
3
Listed By:
Ali A. Sikder
(917) 417-6766
Source:
Elliman
Added: Apr 28
Changed: Oct 6
Last Checked: Oct 5 at 6:51PM
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 Ali A. Sikder
Investment Insights
Based on property information with market context.
This three-story triplex contains three separate family units with no basement. The ground floor offers two bedrooms, one living room, an eat-in kitchen, and one full bathroom. The first floor provides three bedrooms, one living room, an eat-in kitchen, one full bathroom, and one half bathroom. The second floor features four bedrooms, one living room, an eat-in kitchen, one full bathroom, and one half bathroom. The property is described as fully renovated overall and in excellent condition, and it is currently tenant occupied with the final stage of the eviction process underway.
The building is located in the Bronx, approximately two blocks from White Plains Road. Walk and transit access metrics are strong, with WalkScore and transitScore both in the high range.
Two units are delivered renovated, and the offering includes a large unit as part of the three-unit configuration.
The building is located in the Bronx, approximately two blocks from White Plains Road. Walk and transit access metrics are strong, with WalkScore and transitScore both in the high range.
Two units are delivered renovated, and the offering includes a large unit as part of the three-unit configuration.
Key Highlights
- 1901‑built three‑story triplex (no basement) currently tenant occupied; final stage of eviction process
- Fully renovated apartments with multiple unit layouts: ground floor 2BD/1 living room, 1 full bath, eat‑in kitchen
- 1st floor features 3BD/1 living room, eat‑in kitchen, 1 full bath and 1 half bath, fully renovated
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,424
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,608,480
$1.6M
Cap Rate 7%
$1,148,914
$1.1M
Cap Rate 9%
$893,600
$893.6K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$121.2K $36.60/SF
− Vacancy
−$6.3K −$1.91/SF
EGI
$114.9K $34.69/SF
− OpEx
−$34.5K −$10.41/SF
NOI
$80.4K $24.28/SF
Area
ZIP 10462
Vacancy
5.22%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,608,480
Cap Rate 7%
$1,148,914
Cap Rate 9%
$893,600
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.34M
NOI $80,424 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$1.02M
$896.0K – $1.19M
NOI $71,680 @ 7.0% cap · market cap 6.23%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,622 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,116
Businesses Nearby
Explore this area
Business Placement
Demographics for 10462, NY
84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-story triplex with fully renovated apartments, currently tenant occupied with eviction in final stage.
Where is this triplex located?
The property is located at 760 Van Nest Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 1901‑built three‑story triplex (no basement) currently tenant occupied; final stage of eviction process; Fully renovated apartments with multiple unit layouts: ground floor 2BD/1 living room, 1 full bath, eat‑in kitchen; 1st floor features 3BD/1 living room, eat‑in kitchen, 1 full bath and 1 half bath, fully renovated
