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1321 Lafayette Avenue, 
Bronx, NY 10474

$1,199,999


Bed


3

Baths


2,400

Sq Ft


Multi-Family

Active

Listed by

Amer Alsaidy

Last updated:

November 3, 2025, 09:49 AM

MLS#

920047

Source:

OneKey MLS

Company Logo

About This Home

1321 Lafayette Avenue

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.

Home Facts

Multi-Family

3 Baths

Built in 2000

Price Summary

1,199,999

$499 per Sq. Ft.

MLS #:

920047

Last Updated:

November 3, 2025, 09:49 AM

Added:

a month ago


Rooms & Interior

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3


Structure

Structure

Building Area:

2,400 Sq. Ft.

Year Built:

2000


Lot

Lot Size (Sq. Ft):

2,900


Finances & Disclosures

Finances

Price:

$1,199,999

Price per Sq. Ft:

$499 per Sq. Ft.

Source:OneKey MLS
Copyright 2025 OneKey MLS. All rights reserved. Listings courtesy of OneKey MLS as distributed by MLS GRID . OneKey MLS provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. OneKey MLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of OneKey MLS.

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