1761 Topping Avenue, Bronx, NY 10457

• 9,144 sqft

Property Description

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!!!)

Listing Status:

Active

Data Last Updated:

August 11, 2026 at 2:22AM

Listing Office:

All Island Estates Realty Corp : 516-783-5600

MLS ID:

1022366

Interior

• Basement: Finished
• A/C: Multi Units
• Heating: Electric

Exterior

• Parking: On StreetParking spaces: 6

Location

• Originating MLS: onekey2
• School District: Contact Agent
• County: Bronx County

Lot

• Zoning: 027980046

Utilities

• Utilities: Cable AvailableElectricity Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2