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Five-Unit Apartment Building
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910 Home St The, Bronx, NY 10459

Three-story apartment building featuring multiple units.

Property Size3,903 SF
Price / SF$320.27
Days on Market1235

Property Features for 910 Home St The

General Information

Standard status Active
Size 3,903 SF
Class C
Property subtype Multifamily
Zoning R7-1
Occupancy 100%
Investment Type Value Add
Net Operating Income $79,121

Building Details

Year Built 1910
Buildings 1
Stories 3
Units 5
Listing Agency: Brown Harris Stevens
Listed By: Kervin Vales · License #109918089
Source: Crexi
Added: Jun 13, 2023 Changed: Oct 25 Last Checked: Oct 28 at 8:46AM

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 Brown Harris Stevens

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Investment Insights

Based on property information with market context.

This is a three-story apartment building with five units and a width of 21 feet. The first floor contains a three-bedroom unit at the front and a two-bedroom unit at the back. The second floor features a floor-through four-bedroom apartment. On the third floor, there is a one-bedroom apartment at the front and a two-bedroom apartment at the back. Each unit includes a full kitchen, a bathroom, and a living/dining area. The property has a size of 3903 square feet.

Key Highlights

  • Five‑unit apartment building
  • Wide 21' building
  • Attractive mix of unit sizes with one, two, three, and four‑bedroom apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,783
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,795,660 $1.8M
Cap Rate 7%
$1,282,614 $1.3M
Cap Rate 9%
$997,589 $997.6K
Market Conditions
NOI Build-Up for 3,903 SF
Gross rent
$173.3K $44.40/SF
− Vacancy
−$10.1K −$2.58/SF
EGI
$163.2K $41.82/SF
− OpEx
−$73.5K −$18.82/SF
NOI
$89.8K $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%
$1,795,660
Cap Rate 7%
$1,282,614
Cap Rate 9%
$997,589

Alternative Uses

Best Use
Apartment 5plus
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,783 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.70M
$2.37M – $3.16M (±1% cap)
NOI $189,315 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

4,101
Businesses Nearby

Demographics for 10459, NY

50,984
Population
18,678
Households
2.7
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
0.8 sq mi
ZIP Area
63,730
Density / Sq Mi
$39,276
Median Household Income
$30,200
Median Earnings
$1,285
Median Rent
$589,500
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three-story apartment building featuring multiple units.
Where is this apartment building located?
The property is located at 910 Home St 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: Five‑unit apartment building; Wide 21' building; Attractive mix of unit sizes with one, two, three, and four‑bedroom apartments
(917) 564-5242 Call to check price and availability
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