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1111 Dean Ave The Bronx, NY 10465

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Estimated value
No estimation on file for this property yet.
Property ID US63-0718984

Property summary

AI-generated overview

This exceptional three-family apartment building in the coveted Country Club section of The Bronx presents a compelling investment opportunity. Located on a quiet block just a short distance from the scenic Long Island Sound, this well-maintained property boasts three identical two-bedroom units, each offering a unique appeal. The top-floor unit features a spacious layout and a sizable balcony, while the main floor unit includes access to a private deck and backyard. The ground floor unit is equipped with a convenient in-unit washer/dryer. All units are designed to attract high-earning renters, ensuring a stable and lucrative income stream. The property benefits from excellent access to multiple public transportation options, enhancing its desirability. The current annual gross potential rent is $78,420, with excellent month-to-month tenants in two of the units. This move-in ready property offers immediate returns and the potential for significant long-term appreciation. Whether you're seeking a strong investment or a live-in opportunity with rental income offsetting mortgage costs, this property is an ideal choice. The building's durable construction and modern updates ensure lasting value and minimal maintenance needs. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly sought-after Bronx neighborhood. The property is located at 1111 Dean Ave, Bronx, NY 10465.

Property profile

Verified
Property type Apartment buildings
UPID US63-0718984

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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