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Investment Highlights

  • Calling All Investors, Developers & End-Users!!! 9.08 Cap 8 Unit Bronx Apartment Building For Sale!!!
  • The Property Is Located In The Heart Of Longwood Just Off Prospect Ave. Near I-278 (Bruckner Expy.)!!!
  • The Property Has An Assumable Mortgage At 3.75%!!!
  • The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 9’ Ceilings, (6) 3 Br. Apartments, (2) 4 Br. Apartments, Basement, +++!!!
  • Neighbors Include Amazon, Verizon, T-Mobile, AT&T, Optimum, Frito Lay, Planet Fitness, Dunkin’, Marshall’s, Burlington, GNC, NY Expo Center, +++!!!
  • This Property Offers HUGE Upside Potential!!!

Executive Summary

Calling All Investors, Developers & End-Users!!! 9.08 Cap 8 Unit Bronx Apartment Building For Sale!!! The Property Features Excellent Signage, Great Exposure, R7-1 Zoning, High 9’ Ceilings, (6) 3 Br. Apartments, (2) 4 Br. Apartments, 4 Stories, Basement,  Large Rear Yard,  Skylights, All New LED Lighting, 3 Phase Power, A/C, +++!!!! The Property Is Located In The Heart Of Longwood Just Off Prospect Ave. Near I-278 (Bruckner Expy.)!!! Neighbors Include Amazon, Verizon, T-Mobile, AT&T, Optimum, Frito Lay, Planet Fitness, Dunkin’, Marshall’s, Burlington, GNC, NY Expo Center, Dollar Tree, Five Below, Family Dollar, Boost Mobile, McDonald’s, White Castle, Popeye’s Louisiana Kitchen, Little Caesar’s Pizza, Aldi, KFC, +++!!! The Property Has An Assumable Mortgage At 3.75%!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Unit 1 (3 Br. Apt.): $19,800 Ann.; Lease Exp.: 1/31/26.
Unit 2 (3 Br. Apt.): $21,155.16 Ann. Lease Exp.: 7/31/27.
Unit 3 (3 Br. Apt.): $22,734 Ann.; Lease Exp.: 4/30/27.
Unit 4 (4 Br. Apt.): $21,483.60 Ann.; Lease Exp.: 7/31/27.
Unit 5 (3 Br. Apt.): $23,997 Ann.; Lease Exp.: 6/30/27.
Unit 6 (3 Br. Apt.): $20,944.44 Ann.; Lease Exp.: 8/31/26.
Unit 7 (3 Br. Apt.): $20,760.84 Ann.; Lease Exp.: 7/31/27.
Unit 8 (4 Br. Apt.): $22,876.08 Ann.; Lease Exp.: 9/14/27.
Gross Income: $173,751.12 Ann.
Expenses:
Oil: $7,400 Ann.
Electric: $1,300 Ann. (Common Areas Only)
Maintenance & Repairs: $4,000 Ann.
Insurance: $9,000 Ann.
Water & Sewer: $10,280.84 Ann.
Taxes: $15,727 Ann.
Total Expenses: $47,707.84 Ann.
Net Operating Income (NOI): $126,043.28 Ann. (9.08% Cap!!!)

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $173,751 $23.32
Other Income - -
Vacancy Loss - -
Effective Gross Income $173,751 $23.32
Taxes $15,727 $2.11
Operating Expenses $31,981 $4.29
Total Expenses $47,708 $6.40
Net Operating Income $126,043 $16.91

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $173,751
Annual Per SF $23.32
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $173,751
Annual Per SF $23.32
Taxes
Annual $15,727
Annual Per SF $2.11
Operating Expenses
Annual $31,981
Annual Per SF $4.29
Total Expenses
Annual $47,708
Annual Per SF $6.40
Net Operating Income
Annual $126,043
Annual Per SF $16.91

Property Facts

Price $1,388,000
Price Per Unit $173,500
Sale Type Investment
Cap Rate 9.08%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.08 AC
Building Size 7,452 SF
Average Occupancy 100%
No. Stories 4
Year Built 1910
Zoning R7-1

Amenities

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Tenant Controlled HVAC
  • Storage Space
  • Bicycle Storage
  • Public Transportation
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1.5 6 - -
4+2 2 - -
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02686-0011
Land Assessment
$1,567 (2026)
Improvements Assessment
$124,866 (2026)
Total Assessment
$126,433 (2026)
Annual Taxes
$15,727 ($2.11/SF)
Tax Year
2025
  • Listing ID: 39993208

  • Date on Market: 4/1/2026

  • Last Updated:

  • Address: 919 Avenue Saint John, Bronx, NY 10455

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