Buy with Yoreevo
$1,178,998
List Price: $1,199,998
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1321 Lafayette Avenue
House in Hunts Point •  building info
studio • 3ba • 2,900ft² $414 per ft²
Buy with Yoreevo

$1,178,998

List Price

$1,199,998

Key Details
Days on market
79
Last price change
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Estimated payment
$7,307/mo
Taxes
$657/mo
Maintenance
N/A
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.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,199,000
Asking Price: $1,199,998
Term
30 Years
Down Payment
$119,000 (10%)
Min: 10% (119,000)
Rate
6.25 %
Mortgage Amount
$1,079,998
Mortgage Payment
$6,650
Taxes
$657
Estimated Yoreevo rebate
$21,000
Estimated closing cost
$44,000
Total monthly cost $7,307
Buy your dream home with us and get an estimated $21,000 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Coldwell Banker American Homes

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