1321 Lafayette Avenue, Bronx, NY 10474
Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
1321 Lafayette Avenue,Bronx, NY 10474
$1,199,999
- - Beds
- 3 Baths
- 2,400 sq. ft.
- Multi-family
- Active
Listed by: amer f. alsaidy
Office: coldwell banker american homes
MLS#:920047
Source:OneKey MLS
Price summary
- Price:$1,199,999
- Price per sq. ft.:$500
About this home
Renovated 3-Family Brick Home in Prime Hunts Point – Income-Producing & Low Maintenance
Welcome to 1321 Lafayette Ave, a solid brick semi-detached 3-family home offering over 3,100 sq ft of fully upgraded living space. This is a turnkey investment opportunity in one of the Bronx's most rapidly developing neighborhoods.
The layout includes a spacious 3-bedroom, 2-bath duplex and two 2-bedroom, 1-bath units. All units are currently occupied by reliable tenants, delivering immediate income. The property is being sold as-is, offering a seamless transition for investors.
The property brings in $8250 while the expenses are close to $2000.
CAP RATE≤ 6.25%
Extensive renovations have already been completed, including a newer roof, updated gas boiler, new windows, plumbing, heating system, and water heater. With all major systems updated, this is a low-maintenance property with strong long-term value.
Additional highlights include a private fenced backyard, large multi-car driveway, and R6 zoning—providing future development potential. Annual property taxes are under $8,000, maximizing your return.
Conveniently located near the 6 train, major bus lines, I-95, and the Bronx River Parkway, this property offers excellent access to transit, schools, and local amenities.
Whether you're expanding your portfolio or seeking a hands-off investment with upside, this property delivers immediate cash flow, long-term appreciation, and minimal upkeep.
Opportunities like this are rare. Don't miss it.
Contact an agent
Home facts
- Year built:2000
- Listing ID #:920047
- Added:395 day(s) ago
- Updated:November 15, 2025 at 12:06 PM
Rooms and interior
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,400 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:2000
- Building area:2,400 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,999
- Price per sq. ft.:$500
- Tax amount:$7,879 (2025)
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