River Park Co-op For
For Sale
$269,999
801 Bronx River Rd 2G, Bronxville, NY 10708
Two-bedroom co-op near Cross County Mall and Fleetwood Metro.
Property Size1,012 SF
Lot Size1.33 Acres
Days on Market276
Property Features for 801 Bronx River Rd 2G
General Information
Standard status
Active
Size
1,012 SF
Lot size
1.33 Acres
Property subtype
Residential
Building Details
Building Size
1,012 SF
Year Built
1970
Listing Agency:
Lifesmart Real Estate LLC
(914) 792-8213
Listed By:
Emmanuel S. Issak
(914) 792-8213
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 21
Last Checked: Aug 29 at 12:08PM
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 Lifesmart Real Estate LLC
Investment Insights
Based on property information with market context.
Located in the River Park complex, this second-floor co-op features two bedrooms and one full bathroom. Natural sunlight streams through windows on both sides of the apartment, providing a cross breeze. Carpet floors add warmth, and new light fixtures illuminate the space. The property is located moments from the Cross County Mall, Bronxville Village, and the Fleetwood Metro North stop, offering access to shopping, dining, and transportation.
Key Highlights
- Conveniently located near Cross County Mall, Bronxville Village, and Fleetwood Metro North stop.
- Natural sunlight and cross breeze ventilation.
- Two‑bedroom co‑op in the desirable River Park complex.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,489
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$449,780
$449.8K
Cap Rate 7%
$321,271
$321.3K
Cap Rate 9%
$249,878
$249.9K
Market Conditions
NOI Build-Up for 1,012 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.9K $44.40/SF
− Vacancy
−$4.0K −$4.00/SF
EGI
$40.9K $40.40/SF
− OpEx
−$18.4K −$18.18/SF
NOI
$22.5K $22.22/SF
Area
Yonkers, NY
Vacancy
9.00%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$449,780
Cap Rate 7%
$321,271
Cap Rate 9%
$249,878
Alternative Uses
Best Use
Apartment 5plus
$321.3K
$281.1K – $374.8K
NOI $22,489 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$349.8K
$306.1K – $408.1K
NOI $24,488 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,195
Businesses Nearby
Explore this area
Business Placement
Demographics for 10708, NY
22,299
Population
10,004
Households
2.2
Avg Household Size
45
Median Age
65%
College-Educated
95%
High-School Grad
2.9 sq mi
ZIP Area
7,689
Density / Sq Mi
$121,107
Median Household Income
$80,556
Median Earnings
$2,161
Median Rent
$496,800
Median Home Value
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?
Apartment building - Two-bedroom co-op near Cross County Mall and Fleetwood Metro.
Where is this apartment building located?
The property is located at 801 Bronx River Rd 2G Bronxville, NY.
What is the asking price?
The asking price for this property is $269,999.
What are key features of this property?
This property features: Conveniently located near Cross County Mall, Bronxville Village, and Fleetwood Metro North stop.; Natural sunlight and cross breeze ventilation.; Two‑bedroom co‑op in the desirable River Park complex.
