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5834 Fieldston Rd 4 Unit Apartment Building $1,500,000 ($375,000/Unit) Bronx, NY 10471
Executive Summary
Northeast Private Client Group, Inc. is pleased to present 5834 Fieldston Rd, a
four-unit multifamily property in the Riverdale–Fieldston section of the
northwest Bronx, set on the wooded hills above the Hudson River and a short
distance from Van Cortlandt Park. The property is offered at $1,500,000.
Built in 1975, the building holds four residential apartments — two three
bedroom units and two two-bedroom units — in an established residential
enclave known for tree-lined streets and a quieter, low-density feel uncommon
in the five boroughs. The landlord covers water and sewer service for the
property.
The opportunity is a straightforward value-add: units can be marked to the rents
that comparable Riverdale apartments command today, lifting income across
the building to a pro forma gross scheduled rent of $158,400. Riverdale’s schools,
parks, and commuter-rail access to Manhattan keep rental demand for the
neighborhood consistent and deep.
5834 Fieldston Rd offers a value-add multifamily investment in one of the
Bronx’s most established residential neighborhoods — a clear runway to pro
forma market rents and a low New York City tax class 1 burden. Please reach out
to the deal contacts for more information.
four-unit multifamily property in the Riverdale–Fieldston section of the
northwest Bronx, set on the wooded hills above the Hudson River and a short
distance from Van Cortlandt Park. The property is offered at $1,500,000.
Built in 1975, the building holds four residential apartments — two three
bedroom units and two two-bedroom units — in an established residential
enclave known for tree-lined streets and a quieter, low-density feel uncommon
in the five boroughs. The landlord covers water and sewer service for the
property.
The opportunity is a straightforward value-add: units can be marked to the rents
that comparable Riverdale apartments command today, lifting income across
the building to a pro forma gross scheduled rent of $158,400. Riverdale’s schools,
parks, and commuter-rail access to Manhattan keep rental demand for the
neighborhood consistent and deep.
5834 Fieldston Rd offers a value-add multifamily investment in one of the
Bronx’s most established residential neighborhoods — a clear runway to pro
forma market rents and a low New York City tax class 1 burden. Please reach out
to the deal contacts for more information.
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $375,000 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,775 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | ||
| Zoning | R3A - Low density residential | ||
| Price | $1,500,000 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.12 AC |
| Building Size | 4,775 SF |
| No. Stories | 3 |
| Year Built | 1975 |
| Zoning | R3A - Low density residential |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Yard
- Freezer
- Lawn
Site Amenities
- Zen Garden
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+1.5 | 2 | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 05859-0279 | Improvements Assessment | $48,947 |
| Land Assessment | $14,929 | Total Assessment | $63,876 |
Property Taxes
Parcel Number
05859-0279
Land Assessment
$14,929
Improvements Assessment
$48,947
Total Assessment
$63,876
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