811 Courtlandt Avenue, Bronx, NY 10451

Bronx
Local realty services provided by:Better Homes and Gardens Real Estate Choice Realty
811 Courtlandt Avenue,Bronx, NY 10451
$1,449,999
  • 7 Beds
  • 4 Baths
  • 2,760 sq. ft.
  • Multi-family
  • Active
Listed by: jeffrie pena
Office: locqube new york, inc.
MLS#:999598
Source:OneKey MLS

Price summary

  • Price:$1,449,999
  • Price per sq. ft.:$525.36

About this home

Welcome to Concourse Village, a rare, fully renovated mixed-use investment opportunity in one of the Bronx's most accessible neighborhoods. This versatile building features three updated residential units totaling 7.5 bedrooms and 3.5 bathrooms, plus a modernized ground-floor commercial space, and will be delivered fully vacant at closing — giving the new owner immediate flexibility to lease at market, occupy, or reposition the asset. This is an ideal opportunity for developers, owner-users, and investors seeking a clean slate in a high-demand corridor. Priced at $1,450,000 with a projected net operating income of $120,894, the property delivers a projected cap rate of 8.34% — well above the typical Bronx multi-family benchmark — and a projected cash-on-cash return of 12.91%, based on 20% down at a 6% interest rate over a 30-year amortization. Projected rents are underwritten using current New York City Payment Standards, providing a conservative, voucher-backed baseline; market-rate...

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Home facts

  • Year built:1920
  • Listing ID #:999598
  • Added:157 day(s) ago
  • Updated:October 23, 2026 at 12:28 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Basement Description:Partially Finished, Walk-Out Access
  • Living area:2,760 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1920
  • Building area:2,760 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick, Vinyl Siding

Schools

  • High school:Contact Agent
  • Middle school:Call Listing Agent
  • Elementary school:Contact Agent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,449,999
  • Price per sq. ft.:$525.36
  • Tax amount:$2,218 (2025)
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