$3,000,000
$100K PRICE DROP

Estimated payment $17,010/month

Total Views 1,046
-- Bed
-- Bath
5,500 Sq Ft
$545 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • 3-minute walk to 183 Street
  • Cooling Available
  • Eat-In Kitchen
  • Built-In Features
  • Entrance Foyer

About This Home

This newly constructed conversion 10-unit multifamily property in the Bronx which is fully free market presents a rare opportunity to acquire a fully stabilized, turnkey asset built to exceptional standards. The building features a highly desirable unit mix of 8 one-bedroom units and 2 studios, all thoughtfully designed with modern layouts and premium finishes. Every unit is ADA compliant, offering long-term accessibility and broader tenant appeal, while the property benefits from all final sign-offs and a newly issued Certificate of Occupancy—eliminating any development risk and allowing for immediate income generation. Finished to an extremely high specification, the building delivers a luxury rental experience that supports strong rents and consistent demand. With limited expected turnover and a tenant profile aligned with stability, this asset is positioned to operate as a reliable, high-performing cash-flow investment. This is an ideal opportunity for investors seeking a low-maintenance, income-producing property in a strong rental market with long-term upside.
- 9 CAP AT OCCUPACY
- HIGH END FINISHED UNITS - ADA COMPLIANT

Listing Agent

Gidon Eichhorn

Renaissance Realty Cons Group Brokerage Phone: 347-886-4780 License #10401387571 Listed on: 03/24/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,255

Year Built

  • Built in 1933 | Remodeled in 2026

Lot Details

  • 3,112 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Entrance Foyer
  • Eat-In Kitchen
  • Finished Basement

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 03198-0141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,255

Year Built

Built in 1933 | Remodeled in 2026

Lot Details

3,112 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: New Construction, Updated/Remodeled
  • Year Built: 1933
  • Year Built Effective: 2026
  • Attribution Contact: 347-886-4780
  • Carport Y N: No
  • CurrentPrice: 3000000.00
  • MlsMajorChangeType: Price Decrease
  • ListPrice_By_OriginalListPrice: 0.96774
  • ListPrice_By_LotSizeAcres: 42016806.7227
  • CurrentPrice_By_BuildingAreaTotal: 545.45455
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2026

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Built-in Features, Eat-in Kitchen, Entrance Foyer
  • Basement: Finished
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.0714
  • Lot Size Sq Ft: 3112
  • Parcel Number: 03198-0141
  • Property Attached: Yes

Multi Family

  • Units Total: 10

Tax Info

  • Tax Annual Amount: 13255.28
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,841 $106,042 $33,694 $72,348
2024 $12,841 $102,714 $26,345 $76,369
2023 $11,669 $95,122 $29,277 $65,845
2022 $10,778 $333,000 $119,250 $213,750
2021 $0 $266,400 $119,250 $147,150
2020 $10,174 $292,500 $119,250 $173,250
2019 $9,965 $246,780 $119,250 $127,530
2018 $9,307 $73,171 $42,429 $30,742
2017 $8,619 $67,765 $41,282 $26,483
2016 $8,089 $62,747 $41,057 $21,690
2015 $5,252 $62,747 $37,282 $25,465
2014 $5,252 $60,778 $30,678 $30,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2026 04/14/26 Price Changed $3,000,000 -3.2% $545 / Sq Ft
03/24/2026 03/24/26 For Sale $3,100,000 +206.9% $564 / Sq Ft
09/24/2025 09/24/25 Sold $1,010,000 +6.3% $248 / Sq Ft View Prior Sale
04/29/2025 04/29/25 Pending -- -- --
06/19/2024 06/19/24 For Sale $950,000 -- $233 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,100,000 --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 Purchase Money Mortgage
Source: Public Records

Source: OneKey® MLS

MLS Number: 975845

OneKey® MLS

APN: 03198-0141

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