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About the property
Coming soonHDFC co-op apartment
425 E 153rd Street #3A
425 E 153rd Street #3A, Bronx, NY 10455 · Maria Capotorto · Douglas Elliman Real Estate ✓
Virtually staged1 / 10
9.5%
Est. annual ROI
0.79%
Est. monthly ROI
$195K
Raise target
$50
Minimum investment
Capital raised0%
$0 of $195K
A three-bedroom, one-bath apartment on the third floor of a five-storey 1912 walk-up in Melrose, in the South Bronx. Offered as-is and ready for a full renovation. It is an HDFC cooperative, one of New York's income-restricted co-op programs, which makes it an unusually affordable entry point into city ownership.
- Three bedrooms, six rooms in total
- Five-storey 1912 walk-up in Melrose
- Maintenance of $454 a month
- Renovation opportunity
Estimated returnsRentrix estimates · not guaranteed
- Est. monthly rent
- $2,600 / month
- Est. operating costs
- − $1,056 / month
- Est. net income to investors
- $1,544 / month · $18,528 / year
- Total raise (incl. renovation & costs)
- $195,000
- Est. annual ROI
- 9.5%
Property facts
- Property type
- HDFC co-op apartment
- Bedrooms / baths
- 3 bd · 1 ba · 6 rooms
- Building
- 5-storey walk-up, built 1912
- Maintenance
- $454 / month
- Neighbourhood
- Melrose, Bronx
- Zoning
- R6
- Block / lot
- 2375 / 29
- Listing ID
- RLS20104473 (REBNY)
- Purchase terms
- Cash only
- Title
- HDFC cooperative shares with proprietary lease; transfer subject to board approval and HDFC restrictions.
Location