NY > Bronx
Bronx, NY 10474,1321 Lafayette AVE
Bronx, NY 10474,1321 Lafayette AVE
Bronx, NY 10474,1321 Lafayette AVE
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Haniff Baksh

Haniff Baksh

+1(718) 324-6060
$1,199,998
Est. payment /mo
3 Baths
2,901 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 920047

Full Baths 3

Rental Info No

Year Built 2000

Annual Tax Amount $7,879

Lot Size 2,901 Sqft

Acres 0.0666

Property Sub-Type Triplex

Source onekey2

Property Description

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.

Location

State NY

County Bronx County

Rooms

Basement Finished

Interior

Interior Features Other

Heating Natural Gas, Other

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Driveway

Utilities Available Natural Gas Connected, Trash Collection Public, Water Available

Garage false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Senior Community No

Special Listing Condition None

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Listed by Coldwell Banker American Homes • Amer F. Alsaidy

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Haniff Baksh
Haniff Baksh

Broker | License ID: 10311202741

+1(718) 324-6060

4627 White Plains Rd, Bronx, NY, 10470-1612, USA

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1321 Lafayette AVE

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