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Manhattan-Style Apartment in Secured High-Rise
For Sale
$455,000
Pending

880 BOYNTON Ave 14D The, Bronx, NY 10473

Sun-filled apartment near Soundview Park and Clason Point Ferry.

Property Size1,200 SF
Days on Market314

Property Features for 880 BOYNTON Ave 14D The

General Information

Standard status Pending
Size 1,200 SF
Property subtype Residential

Building Details

Building Size 1,200 SF
Year Built 1962
Listing Agency: Charles Rutenberg Realty, Inc.
Listed By: Natasha Dantzler · License #10401235328
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 24 Last Checked: Oct 7 at 1:42PM

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 Charles Rutenberg Realty, Inc.

Investment Insights

Based on property information with market context.

This Manhattan-style apartment features bamboo hardwood floors and a sun-filled living room within a 24-hour secured high-rise. The large bedroom includes ample closet space and a walk-in closet. The property is located near the renovated Soundview Park and the Clason Point Ferry, which provides access to Wall Street in under 50 minutes. Trails, a picnic area, tracks, and basketball courts are located nearby. Shops and restaurants are within walking distance. Laundry facilities and a superintendent are available on the premises.

Key Highlights

  • 24‑hour secured high rise building.
  • Proximity to Clason Point Ferry with service to Wall Street in under 50 minutes.
  • Renovated Soundview Park with trails, picnic area, tracks and basketball courts nearby.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,604
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,080 $552.1K
Cap Rate 7%
$394,343 $394.3K
Cap Rate 9%
$306,711 $306.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$53.3K $44.40/SF
− Vacancy
−$3.1K −$2.58/SF
EGI
$50.2K $41.82/SF
− OpEx
−$22.6K −$18.82/SF
NOI
$27.6K $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%
$552,080
Cap Rate 7%
$394,343
Cap Rate 9%
$306,711

Alternative Uses

Best Use
Apartment 5plus
$394.3K
$345.1K – $460.1K (±1% cap)
NOI $27,604 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$831.5K
$727.6K – $970.1K (±1% cap)
NOI $58,206 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

1,363
Businesses Nearby

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

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 - Sun-filled apartment near Soundview Park and Clason Point Ferry.
Where is this apartment building located?
The property is located at 880 BOYNTON Ave 14D The Bronx, NY.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 24‑hour secured high rise building.; Proximity to Clason Point Ferry with service to Wall Street in under 50 minutes.; Renovated Soundview Park with trails, picnic area, tracks and basketball courts nearby.
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