Description

1333 Bristow Street is a well-maintained 3-family building offering strong rental income, low expenses, and major development potential with R7-1 zoning and approx. 7,500 buildable SF . Located on a quiet, tree-lined block near Crotona Park, transportation, schools, and shops. Property Details Building Dimensions: 18 × 47 Zoning: R7-1 Estimated Buildable SF: ~7,500 Neighborhood: Crotona Park East, Bronx 10459 Current Rent Roll • 1st Floor – 2BR: $1,600/month • 2nd Floor – 2BR: $1,700/month • 3rd Floor – 2BR (New Renovation): $2,400/month (Proforma) Total Annual Income: $68,400 Annual Expenses • Property Tax: $4,433.76 • Repairs: $500 • Insurance: $2,328.06 • Water: $2,777 • Electric: $4,800 Total Annual Expenses: $14,838.82 Financial Summary Net Operating Income (NOI): $53,561.18 Cap Rate at $800,000 Asking Price: 6.70% Perfect for investors, 1031 buyers, or future development. Listing courtesy of Compass