Four-Unit Quadplex
For Sale
$1,150,000
859 E 220th Street E, Bronx, NY 10467
Built in 1920, this Bronx property offers a four-unit residential income configuration.
Property Size2,900 SF
Price / SF$396.55
Days on Market175
Property Features for 859 E 220th Street E
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Quadruplex
Taxes and HOA fees
Annual Taxes
$6,304
Building Details
Building Size
2,900 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
Skyler Realty LLC
Listed By:
Dean Colomban
(845) 357-8500
Source:
Shawmetro
Added: Apr 17
Changed: Oct 8
Last Checked: Oct 7 at 3:12PM
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 Skyler Realty LLC
Investment Insights
Based on property information with market context.
This quadplex property contains four residential units and was built in 1920. The property is identified with a 2,900 property-size figure and is located at 859 E 220th Street E in the Bronx, NY 10467. Public remarks indicate that rents are currently low, with potential for increased rental income through future rent adjustments.
Key Highlights
- Four‑unit quadplex configuration
- 2,900 property size
- Built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,607
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,412,140
$1.4M
Cap Rate 7%
$1,008,671
$1.0M
Cap Rate 9%
$784,522
$784.5K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$107.9K $37.20/SF
− Vacancy
−$7.0K −$2.42/SF
EGI
$100.9K $34.78/SF
− OpEx
−$30.3K −$10.43/SF
NOI
$70.6K $24.35/SF
Area
ZIP 10467
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,412,140
Cap Rate 7%
$1,008,671
Cap Rate 9%
$784,522
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$882.6K – $1.18M
NOI $70,607 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$901.5K
$788.8K – $1.05M
NOI $63,105 @ 7.0% cap · market cap 5.49%
Theoretical Best
Warehouse
$2.01M
$1.76M – $2.34M
NOI $140,665 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,558
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Built in 1920, this Bronx property offers a four-unit residential income configuration.
Where is this quadplex located?
The property is located at 859 E 220th Street E 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: Four‑unit quadplex configuration; 2,900 property size; Built in 1920
