Three-Unit
For Sale
$1,250,000
919 Bryant Ave The, Bronx, NY 10474
Multifamily property with finished lower-level space and potential for vacant delivery.
Property Size3,444 SF
Days on Market9
Property Features for 919 Bryant Ave The
General Information
Standard status
Active
Size
3,444 SF
Property subtype
Investment
Units
Unit Mix
3 x 3BR/2BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,577
Amenities
fully finished basement
Building Details
Building Size
3,444 SF
Year Built
1910
Buildings
1
Units
3
Construction
brownstone
Listing Agency:
Beacon Homes Intl., Inc
(347) 281-3307
Listed By:
Silvio Guerrero
(347) 281-3307
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 26 at 12:02PM
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
Investment Insights
Based on property information with market context.
This 1910 brownstone contains three residential units, each configured with three bedrooms and two bathrooms. The property also includes a fully finished basement, adding usable interior space beyond the apartments. It is being offered in its current condition and can be delivered vacant.
Located at 919 Bryant Ave in The Bronx, the property has a Walk Score of 72, a Transit Score of 62, and a Bike Score of 51. These ratings indicate walkable surroundings, good transit access, and bikeable conditions within the area.
Located at 919 Bryant Ave in The Bronx, the property has a Walk Score of 72, a Transit Score of 62, and a Bike Score of 51. These ratings indicate walkable surroundings, good transit access, and bikeable conditions within the area.
Key Highlights
- Three‑unit brownstone at 919 Bryant Ave, The Bronx, NY 10474
- Each apartment includes 3 bedrooms and 2 bathrooms
- Fully finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,483
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,749,660
$1.7M
Cap Rate 7%
$1,249,757
$1.2M
Cap Rate 9%
$972,033
$972.0K
Market Conditions
NOI Build-Up for 3,444 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$132.2K $38.40/SF
− Vacancy
−$7.3K −$2.11/SF
EGI
$125.0K $36.29/SF
− OpEx
−$37.5K −$10.89/SF
NOI
$87.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,749,660
Cap Rate 7%
$1,249,757
Cap Rate 9%
$972,033
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.46M
NOI $87,483 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$1.13M
$990.3K – $1.32M
NOI $79,225 @ 7.0% cap · market cap 6.34%
Theoretical Best
Warehouse
$2.39M
$2.09M – $2.78M
NOI $167,051 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,856
Businesses Nearby
Explore this area
Business Placement
Demographics for 10474, NY
12,013
Population
4,092
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
1.5 sq mi
ZIP Area
8,009
Density / Sq Mi
$41,279
Median Household Income
$31,084
Median Earnings
$1,406
Median Rent
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with finished lower-level space and potential for vacant delivery.
Where is this triplex located?
The property is located at 919 Bryant Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Three‑unit brownstone at 919 Bryant Ave, The Bronx, NY 10474; Each apartment includes 3 bedrooms and 2 bathrooms; Fully finished basement
