Triplex with Finished
855 E 226th St The, Bronx, NY 10466
For Sale
$1,398,888
Three distinct apartments and substantial system upgrades give the property a flexible residential configuration.
Property Size2,850 SF
Lot Size0.13 Acres
Days on Market13
Property Features for 855 E 226th St The
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Beacon Homes Intl., Inc
Listed By:
Silvio Guerrero
(347) 281-3307
Source:
Elliman
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 5:45AM
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 Beacon Homes Intl., Inc
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Investment Insights
Based on property information with market context.
This Bronx triplex contains three apartments: a four-bedroom, two-bathroom unit, a three-bedroom, one-bathroom unit, and a one-bedroom, one-bathroom unit. The finished basement adds two bedrooms. Renovation work included a new roof, windows, siding, mechanical systems, plumbing, and electrical systems. The building dates to 1901 and occupies a 5,700-square-foot lot.
At 855 E 226th St, the property has a Walk Score of 90, a Transit Score of 80, and a Bike Score of 50.
At 855 E 226th St, the property has a Walk Score of 90, a Transit Score of 80, and a Bike Score of 50.
Key Highlights
- Three apartments with 4‑bedroom/2‑bathroom, 3‑bedroom/1‑bathroom, and 1‑bedroom/1‑bathroom layouts
- Finished basement includes two bedrooms
- Renovation included roof, windows, siding, mechanical systems, plumbing, and electrical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,395
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,447,900
$1.4M
Cap Rate 7%
$1,034,214
$1.0M
Cap Rate 9%
$804,389
$804.4K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$109.4K $38.40/SF
− Vacancy
−$6.0K −$2.11/SF
EGI
$103.4K $36.29/SF
− OpEx
−$31.0K −$10.89/SF
NOI
$72.4K $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%
$1,447,900
Cap Rate 7%
$1,034,214
Cap Rate 9%
$804,389
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$904.9K – $1.21M
NOI $72,395 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$936.6K
$819.5K – $1.09M
NOI $65,560 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,191 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,903
Businesses Nearby
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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
$605,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Bronx, NY
Properties on Market for Triplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three distinct apartments and substantial system upgrades give the property a flexible residential configuration.
Where is this triplex located?
The property is located at 855 E 226th St The Bronx, NY.
What is the asking price?
The asking price for this property is $1,398,888.
What are key features of this property?
This property features: Three apartments with 4‑bedroom/2‑bathroom, 3‑bedroom/1‑bathroom, and 1‑bedroom/1‑bathroom layouts; Finished basement includes two bedrooms; Renovation included roof, windows, siding, mechanical systems, plumbing, and electrical systems
