Three-Family Residential
New
For Sale
$1,250,000
932 E 217th Street, Bronx, NY 10469
Three separate electric and gas meters serve the property's three-family configuration.
Property Size3,024 SF
Price / SF$413.36
Days on Market5
Property Features for 932 E 217th Street
General Information
Standard status
Active
Size
3,024 SF
Property subtype
Triplex
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,822
Amenities
patio
Building Details
Building Size
3,024 SF
Year Built
1905
Buildings
1
Listing Agency:
Motivated Access Realty Corp.
Listed By:
Carina M. Alvarez Rodriguez
(929) 575-2178
Source:
Shawmetro
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 3:48AM
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 Motivated Access Realty Corp.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1905-built residential property is configured for three families and has separate electric and gas meters for each unit. Residents share a driveway, and a patio provides outdoor space. The property has no certificate of occupancy.
Shopping, supermarkets, restaurants, schools, and parks are nearby. Public transportation and major roadways provide connections throughout the Bronx and surrounding areas.
Shopping, supermarkets, restaurants, schools, and parks are nearby. Public transportation and major roadways provide connections throughout the Bronx and surrounding areas.
Key Highlights
- Three‑family property built in 1905
- Three separate electric meters and three separate gas meters
- Shared driveway and patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,814
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,536,280
$1.5M
Cap Rate 7%
$1,097,343
$1.1M
Cap Rate 9%
$853,489
$853.5K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$116.1K $38.40/SF
− Vacancy
−$6.4K −$2.11/SF
EGI
$109.7K $36.29/SF
− OpEx
−$32.9K −$10.89/SF
NOI
$76.8K $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%
$1,536,280
Cap Rate 7%
$1,097,343
Cap Rate 9%
$853,489
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$960.2K – $1.28M
NOI $76,814 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$993.8K
$869.5K – $1.16M
NOI $69,563 @ 7.0% cap · market cap 5.57%
Theoretical Best
Warehouse
$2.10M
$1.83M – $2.44M
NOI $146,679 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,548
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
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
Frequently Asked Questions
What type of property is this?
Triplex - Three separate electric and gas meters serve the property's three-family configuration.
Where is this triplex located?
The property is located at 932 E 217th Street 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‑family property built in 1905; Three separate electric meters and three separate gas meters; Shared driveway and patio
