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1826 Radcliff Ave 1826 Radcliff Ave 8 Unit Apartment Building $1,500,000 ($187,500/Unit) 7% Cap Rate Bronx, NY 10462
INVESTMENT HIGHLIGHTS
- Located in a prime location.
- Well maintained and all units are in good condition.
- Close to public transportation, parks, schools, restaurants, hospitals, retail stores, major highways and more.
EXECUTIVE SUMMARY
Exceptional Investment Opportunity in Morris Park, Bronx
Welcome to 1826 Radcliff Avenue, a solid 8-family building located in the highly desirable Morris Park section of the Bronx. This is a rare opportunity to own a well-maintained income-producing property in one of the Bronx's most vibrant and in-demand neighborhoods.
The building features a strong unit mix consisting of 6 spacious two-bedroom apartments and 2 comfortable one-bedroom units, all in good condition with reliable tenancy in place. Whether you’re looking to expand your real estate portfolio or secure a stable cash-flowing asset, this property checks all the boxes.
Ideally situated, the property offers unparalleled convenience—just steps from public transportation, parks, schools, restaurants, hospitals, and retail shops, as well as easy access to major highways. The Morris Park area is known for its strong community feel, excellent amenities, and high rental demand.
With its prime location and strong income potential, 1826 Radcliff Avenue is an opportunity you don’t want to miss. Call us today to schedule your private viewing—this property will not last long!
Welcome to 1826 Radcliff Avenue, a solid 8-family building located in the highly desirable Morris Park section of the Bronx. This is a rare opportunity to own a well-maintained income-producing property in one of the Bronx's most vibrant and in-demand neighborhoods.
The building features a strong unit mix consisting of 6 spacious two-bedroom apartments and 2 comfortable one-bedroom units, all in good condition with reliable tenancy in place. Whether you’re looking to expand your real estate portfolio or secure a stable cash-flowing asset, this property checks all the boxes.
Ideally situated, the property offers unparalleled convenience—just steps from public transportation, parks, schools, restaurants, hospitals, and retail shops, as well as easy access to major highways. The Morris Park area is known for its strong community feel, excellent amenities, and high rental demand.
With its prime location and strong income potential, 1826 Radcliff Avenue is an opportunity you don’t want to miss. Call us today to schedule your private viewing—this property will not last long!
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $187,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 7% | Building Size | 5,460 SF |
| Sale Condition | Lease Option | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | R4 - R4 zoning allows for one-two family as well as small multifamily residential building. You can build detached, semi detached, +attached buildings. | ||
| Price | $1,500,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Sale Condition | Lease Option |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 5,460 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1928 |
| Zoning | R4 - R4 zoning allows for one-two family as well as small multifamily residential building. You can build detached, semi detached, +attached buildings. |
AMENITIES
UNIT AMENITIES
- Hardwood Floors
- High Speed Internet Access
SITE AMENITIES
- 24 Hour Access
- Wi-Fi
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 1+1 | 2 | - | - |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (90)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 04126-0048 | Improvements Assessment | $204,977 (2025) |
| Land Assessment | $2,981 (2025) | Total Assessment | $207,958 (2025) |
PROPERTY TAXES
Parcel Number
04126-0048
Land Assessment
$2,981 (2025)
Improvements Assessment
$204,977 (2025)
Total Assessment
$207,958 (2025)
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