855 217th St Bronx, NY 10467-5837
Property profile & analytics
855 217th St Bronx, NY 10467-5837
- Apartment buildings
- 27,185 SF
- 0.26 lot acres
Property ID
US63-3885187
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 855 217th St
- Year built
- 2006
- Lot size
- 0.26 lot acres
- Property size
- 27,185 SF
- Zone code
- R5
- Property type
- Apartment buildings
- APN
- 04676-0110
- APU
- 46760110
Description
This exceptional 30-unit multifamily property, located at 855 E 217th St in the Bronx, NY 10467, presents a compelling investment opportunity. Built in 2006, this six-story elevator building boasts 31,914 square feet and sits on an 11,456 square foot lot. The property features a mix of unit sizes: six one-bedroom, nineteen two-bedroom, and five three-bedroom apartments, many with private terraces or duplex layouts. A significant advantage is the 15-year 421a tax abatement, commencing in 2010. Residents enjoy a convenient on-site recreation center and a private 15-space parking lot. The building's strong financial performance is highlighted by a Net Operating Income (NOI) of $465,488, resulting in a 7.17% cap rate. The asking price is $6,495,000, translating to $216,500 per unit. Situated in the Williams Bridge section of the Bronx, the property benefits from its proximity to the White Plains Road retail corridor, offering easy access to public transportation (2/5 trains) and numerous retail amenities including Domino's, Walgreens, Dollar Tree, Rite Aid, and Cherry Valley Marketplace. Individual gas and electric meters are installed in each apartment. This well-maintained building offers a rare opportunity to acquire a substantial multifamily asset at approximately 50% of replacement cost. The R5 zoning designation further enhances its long-term potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $5,800,000 Current use
- COMMERCIAL (GENERAL)
- $6,150,000 Change: +6% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.8587
- Latitude
- 40.8808
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$100,433
$206,100
$792,360
$998,460
-
$458,000
$1,807,000
$2,265,000
