2114 Daly Ave The Bronx, NY 10460
- Apartment buildings
- 21,355 SF
- 0.12 lot acres
Current Use by Public Records
- Nazzo Storage Facility / Storage Facility
- Help Me Help You / Assamese Restaurant
Property Details for 2114 Daly Ave
- Year built
- 1911
- Lot size
- 0.12 lot acres
- Property size
- 21,355 SF
- Zone code
- R7-1
- Property type
- Apartment buildings
- APN
- 03128-0005
- APU
- 31280005
Description
This five-story, 21,355 square foot apartment building at 2114 Daly Avenue in the Bronx, NY (zip code 10460) presents a compelling investment opportunity. Built in 1911, the property boasts 28 units, four of which are currently vacant, offering potential for increased revenue. Situated on a 43 ft x 121 ft lot, the building is conveniently located between East 180th and East 181st Streets in West Farms, within walking distance of the 2 and 5 subway lines. The property's zoning is R7-1. With a Net Operating Income (NOI) of $347,971 and an attractive 9.40% capitalization rate, this multifamily asset offers significant potential for strong returns. The asking price is $3,700,000. The building dimensions are approximately 43 ft x 100 ft. This is a rare opportunity to acquire a well-located multifamily property in a rapidly developing area of the Bronx.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,315,000
- ML approach
- $3,345,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,491,000
Market price range: $1.81M - $4.48M
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Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8811
- Latitude
- 40.8449
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
