This home is not currently listed for sale or rent on Zillow.
Where's the Zestimate?
County transactional data for this home is insufficient so we cannot calculate a Zestimate. We are adding data all the time, so be sure to come back.
This immaculate property has been owned by the same family for over 36 years and has no HPD or DOB violations whatsoever. Surrounded by trees, lawns, and small adjacent buildings, the property provides a great feeling of light and space, unique for the Bronx.
The units are large, bright and contain real half-room foyers. The unit mix is 11 studios, 18 one-bedrooms, 18 two-bedrooms and 4 three-bedrooms (the C-line units have 2 bathrooms). The property also features a secured garage that can hold 12 cars. The gross annual revenue is $714k with an additional $35k derived annually from the laundry and garage. Average monthly rents are only $1,191 per month (approximately 25% below local comps). There are 20,000 SF of available air rights.
Transportation options abound - the BL1, BL2, BL3, and 9 buses run along Broadway providing access to the MTA #1 train at 242nd Street and there is easy access to the Henry Hudson, Major Deegan, and Mosholu Parkway.
Savvy investors will recognize the upside rental/conversion potential of this uniquely located building.
Building Type: Apartment Buildings
Lot Dimensions: 200' x 150'
Lot Sq Ft: 25,000
Available Air Rights: 19,600
Unit Dimensions: 124' x 79'
Unit Sq Ft: 55,400
Residential Units: 51
Total Annual Expenses: $333,334
Gross Monthly Income: $62,442
Gross Annual Income: $749,304
Less Total Expenses: $333,334
Net Operating Income: $394,535
- Views: 402 all time views
- Floor size: 25,000 sqft
- Zillow Home ID: 2115835405
The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table
Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
Popularity on Zillow
Homes like this sold for $3-525K.
Market guideZillow predicts 10471 home values will increase 0.9% next year, compared to a 2% increase for New York as a whole.
Foreclosures will be a factor impacting home values in the next several years. In 10471, the number of foreclosures waiting to be sold is 12.5% higher than in New York, and 91.4% less than the national average. This higher local number may prevent 10471 home values from rising as quickly as other regions in New York.
Learn more about forecast calculations or 10471 home values.
Nearby Schools in New York
Data by GreatSchools.org
Find out how much house you can afford and get pre-approved for a mortgage in minutes.
- Fast & Easy
- Top-Notch Lenders
- Safe & Secure
A Lender can assist you with pre-approval process and answer any question you have.
A Lender will also be calling you back to assist with pre-approval.
Thanks for using Zillow!