1714 Saint Peters Ave · New York, NY 10461

$915,000

12 bd · 3.0 ba · 3,267 sqft · MultiFamily public records · 24 Days on market

Built 1920 3,675 sqft lot

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Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.9/30.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• Schools +5.0/10.0
• Rent growth +4.5/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks

Welcome to 1714 Saint Peters Ave, a Legal Detached 3-Family offering exceptional income potential in the Bronx. 3BR + 4BR + 4BR + Finished basement Featuring 11 Bedrooms, a Finished Basement and Four (4) separate Gas Boilers. The house also comes with a sizable 4-car driveway for all your vehicles. Current rents are below market value, presenting significant upside potential for investors looking to increase cash flow over time. The property is also being sold as-is with existing violations.

Key facts

• Separate utilities
• Finished basement
• 3,675 sq ft lot

Tags

• LEGAL 3-FAMILY DETACHED HOME
• FINISHED BASEMENT
• SEPARATE UTILITIES
• 4 SEPARATE GAS BOILERS
• PRIVATE 4-CAR DRIVEWAY

Property features AI

Exterior

• Parking: Detached parking; Driveway
• Utilities: Public sewer; Utilities: see remarks
• Home design: Triplex
• Construction: Other construction materials; Other foundation details
• Exterior features: No waterfront; See remarks for additional exterior/utility details

Interior

• Bedrooms: Two 4-bedroom units; One 3-bedroom unit
• Flooring: Hardwood floors
• Bathrooms: Three full bathrooms (total)
• Heating & cooling: Baseboard heating; Wall/window air conditioning units
• Interior features: Finished full basement with walk-out access; Other interior features

What this means for you Summary

Snapshot

• This is a 3 × 4-bed/1.0-bath units multifamily listed at $915k.

Deal economics

• At list price, monthly cash flow is $2k ($27k/yr) — positive. Per door: $747/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($10k rent vs $915k).
• Recommended offer: $901k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 2.6% in New York — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
• Market conditions: Rents rising fast (+8.0%/yr); 147 active listings in the ZIP; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• At $10,222/mo this rent would consume 183% of the median local household income ($67k/yr) (locally 4430% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $27k of value loss. Plan a longer hold.
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $256k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($901k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $315k; list at $915k implies a 190% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $901,275 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
3. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.12% ✓
• Cap rate: 9.23%
• Cash-on-cash: 10.50%
• DSCR: 1.47
• GRM: 7.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 7.99% rent growth · sell at horizon

5-year hold

• IRR: 4.6%
• Equity multiple: 1.19×
• Total profit: $48,293
• Equity at exit: $136,429

10-year hold

• IRR: 18.1%
• Equity multiple: 2.84×
• Total profit: $470,640
• Equity at exit: $79,112

Cash invested: $256,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City New York: 0 Strongly Tenant-Friendly · D+34

Rent Stabilization Code; HSTPA; 6+ months in housing court.

Methodology + full state rankings →

ZIP-level market 10461

• Home prices YoY: -28.3%
• Rents YoY: 8.0%
• Active inventory: 147
• Price-to-rent: 22.4×

Monthly cashflow live

• Estimated rent: $10,222 medium
• Mortgage (P&I): −$4,798
• Tax from tax record: −$654 /mo · $7,844/yr
• Insurance: −$381
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,147
• Net cashflow: $2,242

Break-even live

Break-even rent $7,384

Max offer price $915,000

Occupancy floor 73%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	4	1	$10,221
Total (3 units)			$10,222

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $228,750
• Closing costs: $27,450
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-18
   days on market $915,000 Active 24 DOM
2. 2026-06-17
   days on market $915,000 Active 23 DOM
3. 2026-06-16
   days on market $915,000 Active 22 DOM
4. 2026-06-15
   days on market $915,000 Active 21 DOM
5. 2026-06-13
   days on market $915,000 Active 19 DOM
6. 2026-06-10
   days on market $915,000 Active 15 DOM
7. 2026-06-08
   pricedays on market $915,000 Active 14 DOM
8. 2026-06-08
   remarks 496-char remark
9. 2026-06-08
   pricestatusdays on market $925,000 Active 13 DOM
10. 2026-05-19
    price $975,000
11. 2026-05-18
    price $985,000
12. 2026-05-14
    listed $999,999 Active
13. 2010-08-19
    soldstatus $315,000
14. 2005-11-28
    soldstatus $575,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $7,844 · $654/mo
• Projected year-2 tax: $11,654 · $971/mo
• Expected delta: +$3,810/yr (+$317/mo · 48.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 6 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $122,664
• − Mortgage interest: −$51,254
• − Property taxes: −$7,844
• − Insurance: −$4,575
• − Repairs & maintenance: −$9,813
• − Management: −$9,813
• − Depreciation: −$26,618
• Taxable income: $12,747
• Est. tax owed @ 24.0%: −$3,059
• After-tax cash flow: $23,846/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

• Score: 75/100
• State rank: #268
• US rank: #4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New York, NY
• County: Bronx County · 1,197,324 people
• City population: 7,731,280
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 52,012
• Household income: $67,028
• Rent vs Own: 70.3% rent · 29.7% own
• Severe rent burden: 4430.0

Population outlook (Bronx County) Hauer SSP2

• Today (2025): 1,607,353 people
• By 2030: 1,681,852 · +4.6%
• By 2040: 1,824,421 · +13.5%
• By 2050: 1,945,470 · +21.0%
• By 2075: 2,187,887 · +36.1%
• By 2100: 2,244,136 · +39.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Hispanic / Latino 47% White 30% Asian 13% Two or more races 10% Black 7%
• Hispanic origin (detail): Mexican 4% Puerto Rican 20% Cuban 1% Dominican 13%
• Common ancestry: Romanian 1%
• Foreign-born: 30% · Canada, China, Vietnam
• Languages at home: 43% English-only · Spanish 34% Other Indo-European 13% Tagalog/Filipino 3%

Political lean MEDSL · Bronx

• 2024 margin: Solid D (+45.4) · D 72.7% · R 27.3%
• 2008→2024 swing: -32.3pp toward R · 2008: 77.8pp · 2024: 45.4pp
• All cycles: 2024: D+45.4 2020: D+67.6 2016: D+79.1 2012: D+82.9 2008: D+77.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.06%
• Current HPI: 266.5457
• Rent YoY: ▲ 7.99%
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+69.6% since first listed

5 events — show timeline

• 2026-05-19 Price Changed $975,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-18 Price Changed $985,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-14 Listed $999,999 OneKey® MLS as Distributed by MLS Grid
• 2010-08-19 Sold (Public Records) $315,000 Public Records
• 2005-11-28 Sold (Public Records) $575,000 Public Records

Property tax history

+4.7%/yr

Latest (2025): $7,844 · +0.8% YoY. Source: county tax records.