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2469 Hoffman St
Bronx, NY 10458
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 5 bedrooms / 3 bathrooms / 2 kitchens
- Indoor spiral staircase
- Front porch, backyard & 2 balconies for leisure enjoyment
- Laundry room w/ coin operating machines
- Balcony at front & rear of property
- Finished basement w/ storage rooms
EXECUTIVE SUMMARY
Contact ASHLY MERCED, Realtor (347) 888-3002
For nearly a decade, this classic Bronx row home has been a trusted residence for generations of Fordham University students, delivering consistent occupancy and reliable rental income. With a proven record of zero vacancies, and no major repairs required to attract tenants, it offers investors both stability and long-term security.
Located in Bronx’s vibrant Little Italy, the property enjoys unbeatable proximity to Fordham University, public transit, and Arthur Avenue’s bustling food scene and authentic heritage. Its strong tenant demand and premier location make it an ideal investment opportunity for those seeking steady cash flow and excellent appreciation potential.
Finished basement offers sufficient space for 1-2 additional bedrooms. Rents can be increased up to $1350 per bedroom.
For nearly a decade, this classic Bronx row home has been a trusted residence for generations of Fordham University students, delivering consistent occupancy and reliable rental income. With a proven record of zero vacancies, and no major repairs required to attract tenants, it offers investors both stability and long-term security.
Located in Bronx’s vibrant Little Italy, the property enjoys unbeatable proximity to Fordham University, public transit, and Arthur Avenue’s bustling food scene and authentic heritage. Its strong tenant demand and premier location make it an ideal investment opportunity for those seeking steady cash flow and excellent appreciation potential.
Finished basement offers sufficient space for 1-2 additional bedrooms. Rents can be increased up to $1350 per bedroom.
PROPERTY FACTS
| Price Per Unit | $194,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.04 AC |
| Cap Rate | 6.21% | Building Size | 2,125 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1901 |
| Zoning | R6 - Residential | ||
| Price Per Unit | $194,000 |
| Sale Type | Investment |
| Cap Rate | 6.21% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 2,125 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1901 |
| Zoning | R6 - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 5+3 | 5 | - | - |
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