Cooperative Unit with Private
For Sale
$215,000
880 Boynton Avenue 9A, Bronx, NY 10473
The one-bedroom layout includes separate living and dining areas, generous closet space, and access to attended-lobby service.
Property Size750 SF
Price / SF$286.67
Days on Market12
Property Features for 880 Boynton Avenue 9A
General Information
Standard status
Active
Size
750 SF
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Asking Price
$215,000
Amenities
Attended Lobby
on-site laundry facilities
play areas
Building Details
Building Size
750 SF
Year Built
1962
Listing Agency:
Compass
Listed By:
Shebrelle Hunter Green
(212) 381-2583
Source:
Bondnyre
Added: Oct 19
Changed: Oct 30
Last Checked: Oct 28 at 2:48PM
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 Compass
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Investment Insights
Based on property information with market context.
This 750-square-foot, one-bedroom cooperative apartment at 880 Boynton Avenue has a living room that connects to a dining area, a private balcony, and a pass-through kitchen. Storage includes two closets and a walk-in closet. The building was completed in 1962, and the unit is offered in an HDFC cooperative with household income limits and board approval requirements.
The property is across from 205-acre Soundview Park. Building amenities include an attended lobby, updated lobbies and hallways, laundry facilities in each building, and play areas. The cooperative is pet-friendly, and Midtown Manhattan is less than 40 minutes away.
The property is across from 205-acre Soundview Park. Building amenities include an attended lobby, updated lobbies and hallways, laundry facilities in each building, and play areas. The cooperative is pet-friendly, and Midtown Manhattan is less than 40 minutes away.
Key Highlights
- 750‑square‑foot, one‑bedroom cooperative apartment
- Private balcony, separate dining area, and pass‑through kitchen
- Two closets and a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,253
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,060
$345.1K
Cap Rate 7%
$246,471
$246.5K
Cap Rate 9%
$191,700
$191.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$33.3K $44.40/SF
− Vacancy
−$1.9K −$2.58/SF
EGI
$31.4K $41.82/SF
− OpEx
−$14.1K −$18.82/SF
NOI
$17.3K $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%
$345,060
Cap Rate 7%
$246,471
Cap Rate 9%
$191,700
Alternative Uses
Best Use
Apartment 5plus
$246.5K
$215.7K – $287.6K
NOI $17,253 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$519.7K
$454.7K – $606.3K
NOI $36,379 @ 7.0% cap · market cap 16.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,742
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom layout includes separate living and dining areas, generous closet space, and access to attended-lobby service.
Where is this residential income property located?
The property is located at 880 Boynton Avenue 9A Bronx, NY.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 750‑square‑foot, one‑bedroom cooperative apartment; Private balcony, separate dining area, and pass‑through kitchen; Two closets and a walk‑in closet
