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Modern Bronx Co-op Apartment
For Sale
$299,000
Pending

853 Macy Pl 4H The, Bronx, NY 10455

Modern 2-bedroom co-op near transportation and amenities.

Property Size950 SF
Days on Market313

Property Features for 853 Macy Pl 4H The

General Information

Standard status Pending
Size 950 SF
Property subtype Residential

Building Details

Building Size 950 SF
Year Built 2009
Listing Agency: RE/MAX Voyage Realty
Listed By: Ariel R. Pena · License #10301220151
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 5 Last Checked: Oct 5 at 4:36PM

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 RE/MAX Voyage Realty

Investment Insights

Based on property information with market context.

This is a modern 2-bedroom, 1.5-bath co-op located in the Longwood section of the Bronx. Constructed in 2009, the well-maintained building features a contemporary layout. The apartment includes in-unit laundry and dual split air conditioning and heating systems. A spacious living area and modern kitchen are complemented by ample natural light. Building amenities include a fitness center and secure entry. The property is conveniently located near shopping, schools, and the 2 and 5 subway lines, providing access to Manhattan and other locations.

Key Highlights

  • Convenient location near 2 and 5 subway lines for easy access to Manhattan.
  • In‑unit laundry for added convenience.
  • Modern construction (built in 2009) with contemporary layout.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,853
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,060 $437.1K
Cap Rate 7%
$312,186 $312.2K
Cap Rate 9%
$242,811 $242.8K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$42.2K $44.40/SF
− Vacancy
−$2.4K −$2.58/SF
EGI
$39.7K $41.82/SF
− OpEx
−$17.9K −$18.82/SF
NOI
$21.9K $23.00/SF
Area
Bronx, NY
Vacancy
5.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,060
Cap Rate 7%
$312,186
Cap Rate 9%
$242,811

Alternative Uses

Best Use
Apartment 5plus
$312.2K
$273.2K – $364.2K (±1% cap)
NOI $21,853 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$658.3K
$576.0K – $768.0K (±1% cap)
NOI $46,080 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

4,919
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Modern 2-bedroom co-op near transportation and amenities.
Where is this apartment building located?
The property is located at 853 Macy Pl 4H The Bronx, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Convenient location near 2 and 5 subway lines for easy access to Manhattan.; In‑unit laundry for added convenience.; Modern construction (built in 2009) with contemporary layout.
More about this property
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