1855 Grand Concourse APT 26, Bronx, NY, 10453 | $214/mo Cash Flow

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1855 Grand Concourse APT 26, Bronx, NY, 10453 | $214/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Bronx at 1855 Grand Concourse APT 26, Bronx, NY, 10453 listed at $159,000 pairs $1,276/mo rent with a $778/mo payment to leave $214/mo cash flow. Total monthly income runs $1,276/mo, and annual cash flow reaches $2,573/yr on $52,709 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 9.63% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 129.72% and total cumulative return in cash totals $68,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,276/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1936

N/A lot

$N/A/sqft

No HOA

More details about the property

1855 GRAND CONCOURSE Apt. 26 - SPONSOR UNIT (NO BOARD APPROVAL) Pre-war 1 BED/1 BA gem in a fabulous Art Deco elevator apartment building featuring a distinctive, cream-colored brick zigzagged façade attributed to architect Thomas Dunn ca. 1936 (whose earlier work includes Thomas Aquinas Church on Crotona Parkway ca. 1924.) 6 story, 44 unit co-operative. Entry Hall, Dining Foyer, sunken Living Room, renovated windowed Kitchen & windowed Hall Bath, Master Bedroom. All rooms are well-proportioned w/original Art Deco details: high ceilings, herringbone parquet floors & plaster cove moldings and north exposure onto Mount Hope Place. Resident Sup't. & common laundry. Just 3 Super-XP stops to 59 St/Columbus Circle via IND Subway make it faster to midtown than from the Yankee Stadium/ Historic District! Low $881.40 Maint as of 11/01/25. (+ $60.98 Assess. thru 1/31/26 B/4 STAR). Join the emerging renaissance of the legendary 'Champs Elysees of The Bronx'. Subletting allowed after 2 years residency w/ BoD approval. No dogs/No investors please.

Neighborhood Data

Neighborhood data shown for ZIP Code: 10453, Bronx, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,935 (100%)
Owner Occupied HU	1,179 ( 4.1%)
Renter Occupied HU	26,559 (91.8%)
Vacant Housing Units	1,197 ( 4.1%)
Median Home Value	$735,475
Average Home Value	$817,362