Douglas Elliman has been retained on an exclusive basis to arrange the sale of 1122 Fox St, a 5,280 sqft, four-unit, walk-up townhouse, in the Foxhurst section of the Bronx. This residential building contains four floor-through, oversized apartment units. Featuring 17 bedrooms in total the layout by floor consists of the following: Unit One -- three bedrooms and one bath, Unit Two -- four bedrooms and a bath, and Units Three and Four each have five bedrooms.<br><br>A $250,000 investment was made into the property in 2018, which contributes to its low operating costs and above-market cap rate. Tenants pay for their own electricity, cooking gas, and hot water, while the owner pays for the building's heat. With the current income, the property boasts a cap rate of 9.1%, and given the updated rent guidelines an investor could achieve almost 11% as the leases are renewed.<br><br>Local shopping and restaurants are along the Westchester Ave and Southern Blvd commercial corridors. Conveniently located along the MTA's number 2 and 5 train lines, the building is only two blocks from the Simpson Street station, for a 40-minute ride into Midtown.<br><br>INVESTMENT HIGHLIGHTS <br>Projected 10% Cap rate <br>5,280 SQF <br>4 OVER-SIZED UNITS <br>LOW OPERATING EXPENSES<br>LOW PROPERTY TAXES <br>UTILITIES SEPARATED <br>TWO BLOCKS FROM #2, #5 TRAINS <br><br><br><br><br>
Property Details
Property Features
Property Information:
Year Built: 1901
Living Area: 5,280 SqFt
Listing Office:
Office Name: Douglas Elliman Real Estate
Office Phone: (212) 891-7000
Listing Agent: Robin Lennon
Agent Phone: (917) 202-8996
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 17
Exterior Features
Exterior Information:
View: Other
Price Information
Listing Price Info
Price Summary:
List Price: $1,349,999
Price Per SqFt: $256/SqFt
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/27/2024, 6:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
5
/10
PS 150 Charles James Fox
920 E 167th St
Distance between this listing and this school0.10 miles
Public District Grades PK-5
3
/10
PS 134 George F Bristow
1330 Bristow St
Distance between this listing and this school0.28 miles
Public District Grades PK-5
6
/10
Urban Scholars Community School
1180 Tinton Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-5
Nearby Schools
4
/10
Dr Richard Izquierdo Health and Science Charter School
800 Home St # 205
Distance between this listing and this school0.35 miles
Public Charter Grades 6-9
2
/10
PS 212
1180 Tinton Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-8
4
/10
School of Performing Arts
977 Fox St Fl 1
Distance between this listing and this school0.38 miles
Public District Grades 6-8
Nearby Schools
1
/10
Metropolitan High School (The)
1180 Rev James A Polite Ave
Distance between this listing and this school0.17 miles
Public District Grades 9-12
5
/10
Bronx Latin School
800 Home St
Distance between this listing and this school0.35 miles
Public District Grades 6-12
2
/10
Bronx Career and College Preparatory High School
800 Home St
Distance between this listing and this school0.35 miles
The neighbors living near this home have an average income of $25,500. Residents of New York, NY typically earn less than $35k each year. Residents typically live in single, with kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1122 Fox St
What is the listing price of this property?
The listing price of 1122 Fox St property is $1,349,999.
What type of property is this?
The property 1122 Fox St is a townhouse located in New York City, New York, 10459.
Is this property for sale now?
Active Listing: 1122 Fox St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1122 Fox St has 17 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 1122 Fox St is 5,280 SqFt (source: MLS/tax record).
This home is located at 1122 Fox St in New York City, NY and zip code 10459 in the Southwest Bronx neighborhood. This 5,280 square foot home was built in 1901. Features: 17 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $1,349,999.
Over 154 listings were sold over their listed price in March 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 645 listings were sold for the listed price. Between February 2024 and March 2024, New York, NY real estate market has seen increase in the number of listings by 3.7%. While the average time on the market in March 2024 was 96 days, the median list price was $845,489.
From Rocket Homes Real Estate and based on county public records data.