DARRYL R. SELSEY
Broker/Owner, Notary Public
REALTOR®, BROKER/OWNER, ABR, CDPE, CHS, CRB, CRS, CSN, GRI
BEDS7
BATHS4 full
MLS#981456
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey 3-Family Brick Home with Immediate Cash FlowUnlock immediate ROI with this massive, 3,100+ sq. ft. multi-family powerhouse in the heart of the Bronx. Whether you are looking for a high-performing addition to your portfolio or a primary residence that pays for itself, 1321 Lafayette Ave is a move-in ready solution in a market where inventory is tight.Skip the headaches of property management startup. This building is being sold with two units already occupied reliable tenants, ensuring your cash flow begins on Day 1.Built for the savvy investor, this property offers a compelling Cap Rate with room for growth:This solid brick structure offers superior durability and lower insurance costs compared to frame houses. Sold in as-is condition but featuring upgraded interiors, this property allows you to focus on collecting rent rather than managing renovations.Enjoy expansive city views, including a front-row seat to local fireworks displays.Easy access to the 6 train and major bus routes for an easy commute to Manhattan and beyond.Invest in a sure thing. Schedule your private tour of 1321 Lafayette Ave today and see where the numbers lead.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.07 Acres
Taxes: $7,796
Year Built: 2000
Amenities
Eat-in Kitchen
Feature Descriptions
Building Area Total: 2400
Days on Site: 13
Exterior: Brick
On Market Date: 2026-04-07
Parcel Number: 02762-0129
Parking Features: Driveway
Parking Total: 3
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Natural Gas Available, Trash Collection Public
Water: Public
Listed By / Shown By
Listing By
Agency Name: Motivated Access Realty Corp.
Agency Phone: 646-359-9753
Shown By
Agent Name: DARRYL R. SELSEY
Agent Phone: (914) 469-0823
Agency Title: Four Seasons Real Estate Center
Estimate Your Payment
Estimated Payment
$ 3,544.48 per month $2,559.40 Principal & Interest $649.67 Property Tax $335.42 Homeowner's InsuranceChange Payment Information
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1321 Lafayette Avenue | MLS# 981456
This multi-family property located at 1321 Lafayette Avenue, Bronx, NY 10474 is currently listed for sale with an asking price of $1,150,000. Search Bronx real estate on dselsey.fsrec.com today.