3-Unit Triplex with
914 E 211th Street, Bronx, NY 10469
For Sale
$1,050,000
Three renovated apartments offer hardwood floors, stainless steel appliances, and access to a flat rear yard.
Property Size2,920 SF
Price / SF$359.59
Days on Market171
Property Features for 914 E 211th Street
General Information
Standard status
Size
Property subtype
Site & Location
Road Access
Public Transit
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
hardwood floors
stainless steel appliances
backyard
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty
Listed By:
Nigel Elroy Akinwale
(888) 276-0630
Source:
Sheridanres
Added: May 23
Changed: Nov 9
Last Checked: Nov 8 at 8:27PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 2,920-square-foot triplex contains three apartments, each recently gut renovated. Interior features include hardwood flooring throughout and stainless steel appliances, with natural light and spacious living areas noted in the apartments. A flat backyard is reachable from the side of the house.
The Bronx property was built in 1967. Metro-North, subway service, and buses are described as blocks away, with grocery stores and schools nearby.
The Bronx property was built in 1967. Metro-North, subway service, and buses are described as blocks away, with grocery stores and schools nearby.
Key Highlights
- Three apartments in a 2,920‑square‑foot triplex
- All three apartments recently gut renovated
- Hardwood floors throughout and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,173
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,483,460
$1.5M
Cap Rate 7%
$1,059,614
$1.1M
Cap Rate 9%
$824,144
$824.1K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$112.1K $38.40/SF
− Vacancy
−$6.2K −$2.11/SF
EGI
$106.0K $36.29/SF
− OpEx
−$31.8K −$10.89/SF
NOI
$74.2K $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%
$1,483,460
Cap Rate 7%
$1,059,614
Cap Rate 9%
$824,144
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$927.2K – $1.24M
NOI $74,173 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$959.6K
$839.6K – $1.12M
NOI $67,171 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,529 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 renovated apartments offer hardwood floors, stainless steel appliances, and access to a flat rear yard.
Where is this triplex located?
The property is located at 914 E 211th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Three apartments in a 2,920‑square‑foot triplex; All three apartments recently gut renovated; Hardwood floors throughout and stainless steel appliances
