Bronx Three-Family Brick
For Sale
$890,000
Pending
841 E 226th St The, Bronx, NY 10466
Well-maintained three-family home in a desirable Bronx neighborhood.
Property Size2,200 SF
Lot Size0.07 Acres
Days on Market212
Property Features for 841 E 226th St The
General Information
Standard status
Pending
Size
2,200 SF
Lot size
0.07 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,897
Building Details
Building Size
2,200 SF
Year Built
1950
Units
3
Listing Agency:
Lux Lifestyles Realty Inc
Listed By:
Dave N. Johnson
(718) 618-0142
Source:
Elliman
Added: Mar 11
Changed: Sep 25
Last Checked: Oct 7 at 12:43PM
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 Lux Lifestyles Realty Inc
Investment Insights
Based on property information with market context.
Located in the Bronx, 841 East 226th Street is a well-maintained three-family brick home. The property is fully fenced and includes a backyard suitable for outdoor gatherings. There is a one-car garage and driveway parking. The first floor features one bedroom, a full bathroom, a living room, a dining area, and a kitchen. The second floor, which is currently vacant, contains two bedrooms, a full bathroom, a living room, a dining room, and a kitchen. The third floor also includes two bedrooms, a full bathroom, a living room, a dining room, and a kitchen. The property is near public transportation, schools, and shopping. This property is suitable for homeowners or investors.
Key Highlights
- Well‑maintained 3‑family brick home.
- Second floor is vacant, ready for immediate occupancy or rental.
- Includes a 1‑car garage plus driveway parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,884
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,680
$1.1M
Cap Rate 7%
$798,343
$798.3K
Cap Rate 9%
$620,933
$620.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$84.5K $38.40/SF
− Vacancy
−$4.6K −$2.11/SF
EGI
$79.8K $36.29/SF
− OpEx
−$24.0K −$10.89/SF
NOI
$55.9K $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%
$1,117,680
Cap Rate 7%
$798,343
Cap Rate 9%
$620,933
Alternative Uses
Best Use
Multifamily LT 5
$798.3K
$698.6K – $931.4K
NOI $55,884 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$723.0K
$632.6K – $843.5K
NOI $50,608 @ 7.0% cap · market cap 5.69%
Theoretical Best
Warehouse
$1.52M
$1.33M – $1.78M
NOI $106,711 @ 7.0% cap · market cap 11.99%
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
2,903
Businesses Nearby
Explore this area
Business Placement
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
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 - Well-maintained three-family home in a desirable Bronx neighborhood.
Where is this triplex located?
The property is located at 841 E 226th St The Bronx, NY.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Well‑maintained 3‑family brick home.; Second floor is vacant, ready for immediate occupancy or rental.; Includes a 1‑car garage plus driveway parking.
