1761 Topping Avenue
Bronx, NY, 10457 $ 2,988,000
Bedrooms-- Baths-- Sq 9,144 Monthly Estimate*
$ 18,867
for $2,988,000. This 9,144 square foot building was built in 2024 on a lot size of 0.054522.
Calling All Investors, Developers & End-User!!! 9.51 Cap Brand New 10 Unit Bronx Apartment Building Near Grand Concourse For Sale!!! The Property Features, Excellent Signage, Great Exposure, R7-1 Zoning, HIgh 8’ Ceilings, Sprinklers, 6 Parking Spaces, Gated Side Yard, Rear Yard, Low Property Taxes, 4 Stories, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of The Bronx Between 1-95, Grand Concourse & Webster Ave.!!! The Property Was Built In 2025 & Has A 485X Tax Abatement That Expires In 2061!!! Neighbors Include Yankee Stadium, Shell, Gulf, 7-Eleven, Dunkin’, Key Food, White Castle, Western Beef, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Unit 1A (Studio): $30,000 Ann. Unit 1B (Studio): $30,000 Ann. Unit 1C (Studio): $30,000 Ann. Unit 2A (1 Br. Apt.): $32,400 Ann. Unit 3A (1 Br. Apt.): $32,400 Ann. Unit 3B: $25,200 Ann. (Available) Unit 4A (Studio): $30,000 Ann. Unit 4B (1 Br. Apt.): $32,400 Ann. Unit 4C: $25,200 Ann. (Available) Pro Forma Gross Income: $300,000 Ann. Expenses: Electric: $2,410 Ann. Insurance: $6,823 Ann. Water & Sewer: $3,869 Ann. Taxes: $2,691 Ann. Total Expenses: $15,793 Ann. Net Operating Income (NOI): $284,207 Ann. (Pro Forma 9.51% Cap!!!)
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FeaturesGeneralSewer Public Sewer
Heating Electric
Cooling Multi Units
Utilities Cable Available Electricity Available
Construction Materials Block
Year Built 2024
Stories Count 1
Property Subtype Multi Family
Tax Year 2026
Parcel Number 027980046
Business Type Other
County Bronx County
Property Type Commercial Sale
City New York
High School District Contact Agent
Number Of Units Total 10
Property Attached Y/N N
Tax Annual Amount 2677
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Contact Agent
Elementary School District Contact Agent
Tax Lot 46
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InteriorBasement Finished
Total Stories 4
Basement Features Finished
Basement (Y/N) Y
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ExteriorParking Features On Street On Street
Water Source Public
Total Parking 6
Parking Spaces 6
Building Area Total 9144
Waterfront Y/N N
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $18,867
- Monthly Property Taxes
- $223
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Bronx, NY
Average List Price $2,614,284
Percent of Sale Price 13%
About Bronx, NY 1,458,449 Population
10% Since 2002
$ 38,092 Median Income
35.44 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
4892106 Elementary School
4892561 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/6/2026 | $2,988,000 | | Listed Price |