2711 Henry Hudson Pkwy Unit 6D · New York, NY 10463

$375,000

2 bd · 2.0 ba · 1,200 sqft · Condo · 9 Days on market

Built 1950 Good condition ↓ 3% since listing

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• Schools +5.0/10.0
• Cash flow +4.6/30.0
• 1% rule +4.5/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

This expansive two-bedroom, two-bath convertible three-bedroom apartment with a terrace boasts a 31-foot living room that can allow for multiple seating areas and activities. Sunlight pours into the living room thanks to its west-facing windows. Natural light pours into the dining area from its south- and west-facing windows, and this space can double as a third bedroom if needed. Creating impressive homemade meals is a breeze in the sunlit eat-in kitchen or a third bedroom. The master bedroom has an en-suite bathroom, set seventeen feet of living space. The second bath is unusually large. There are six closets throughout the apartment, and the unit has been freshly painted. Directly behind

Key facts

• En-suite bathroom
• 31-foot living room
• Six closets

Tags

• 31-FOOT LIVING ROOM
• SUNLIT EAT-IN KITCHEN
• EN-SUITE BATHROOM
• UNUSUALLY LARGE SECOND BATH
• SIX CLOSETS
• FULL-TIME DOORMAN

Property features AI

Finance

• Other: Located in Riverdale, Bronx County
• Financial info:
• HOA & community: Additional monthly fee for capital improvements ($113.76)

Exterior

• Parking: Off-site parking (waitlist)
• Security: Building security; Fire alarm; Smoke detectors; Video cameras
• Utilities: Con-Edison electric service; Public sewer; Cable available; Electricity available; Natural gas connected; Phone available; Sewer connected; Public trash collection; Water connected
• Home design: Stock cooperative; Living area reported as 1200; Entry level: 6; Property condition: Actual
• Construction: Block and brick/mortar foundation
• Exterior features: Block construction; Not waterfront

Interior

• Kitchen: Convection oven; Microwave; Refrigerator
• Bedrooms: Pets allowed
• Flooring:
• Bathrooms: 2 full bathrooms
• Heating & cooling: Hot water heating; Natural gas heating; Steam heating; Wall/window air conditioning units
• Interior features: Eat-in kitchen; Original details; Walk-in closet(s); Accessible common area; Accessible full bath; Accessible kitchen and accessible kitchen appliances; Visitor bathroom; No basement; 6 total rooms
• Laundry & utility:

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $375k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-951 ($-11k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $356k (5.0% below list).
• Recommended offer: $356k (5.0% below list) — sets the bar for 1% rule.
• Cap rate 3.2% vs local median 2.6% in New York — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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 (+11.6%/yr); 345 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• At $3,564/mo this rent would consume 57% of the median local household income ($75k/yr) (locally 5586% 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 $3k of loan paydown is wiped out by about $11k 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.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: HOA is 33% of rent; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $356,379 (5.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.95% ✗
• Cap rate: 3.25%
• Cash-on-cash: -10.87%
• DSCR: 0.52
• GRM: 8.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -27.2%
• Equity multiple: 0.03×
• Total profit: $-101,735
• Equity at exit: $55,914

10-year hold

• IRR: -9.1%
• Equity multiple: 0.26×
• Total profit: $-77,722
• Equity at exit: $32,423

Cash invested: $105,000 (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 10463

• Rents YoY: 11.6%
• Active inventory: 345
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $3,564 medium
• Mortgage (P&I): −$1,967
• Tax est. 1.5%: −$469 /mo · $5,625/yr
• Insurance: −$156
• HOA est. from 1 same-building comp: −$1,175
• Vacancy / Maint / Mgmt: −$748
• Net cashflow: $-951

Break-even live

Break-even rent $4,768

Max offer price $237,368

Occupancy floor —

Sensitivity live

Price	-10% $-692	-5% $-822	+0% $-951	+5% $-1,081	+10% $-1,210
Rent	-10% $-1,233	-5% $-1,092	+0% $-951	+5% $-810	+10% $-670
Rate	-1.0pp $-762	-0.5pp $-856	base $-951	+0.5pp $-1,048	+1.0pp $-1,147

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2600 Netherland Ave Bronx, NY	1.0–3.0	1.0–2.5	1132	$3,938	$3.48	23d	3	0.25mi
405 W 206th St Unit 1202E New York, NY	3.0	2.0	900	$6,250	$6.94	26d	1	1.30mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 15 events

1. 2026-06-21
   days on market $375,000 Active 9 DOM
2. 2026-06-18
   days on market $375,000 Active 6 DOM
3. 2026-06-17
   days on market $375,000 Active 5 DOM
4. 2026-06-16
   days on market $375,000 Active 4 DOM
5. 2026-06-15
   days on market $375,000 Active 3 DOM
6. 2026-06-13
   days on marketlisting id $375,000 Active 1 DOM
7. 2026-06-10
   days on market $375,000 Active 44 DOM
8. 2026-06-08
   days on market $375,000 Active 43 DOM
9. 2026-06-08
   days on market $375,000 Active 42 DOM
10. 2026-06-04
    days on market $375,000 Active 39 DOM
11. 2026-06-03
    days on market $375,000 Active 38 DOM
12. 2026-06-01
    days on market $375,000 Active 36 DOM
13. 2026-05-31
    days on market $375,000 Active 35 DOM
14. 2026-04-27
    price $375,000
15. 2026-04-26
    listed $385,000 Active

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

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 · 14 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,765
• − Mortgage interest: −$21,006
• − Property taxes: −$5,625
• − Insurance: −$1,875
• − Repairs & maintenance: −$3,421
• − Management: −$3,421
• − HOA: −$14,100
• − Depreciation: −$10,909
• Taxable loss: −$17,592
• Est. tax savings @ 24.0%: +$4,222
• After-tax cash flow: $-7,192/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.

Condition & rehab AI · 1 photo

Good 80/100 Cosmetic rehab

This two-bedroom, two-bath condo is in excellent condition with fresh paint and minimal maintenance needed. It offers a spacious living area and is move-in ready.

Value-add opportunities

• Both Painting — Fresh paint enhances curb appeal and interior aesthetics
• Both Lighting — Upgrading lighting can improve ambiance and safety
• Both Flooring — Replacing worn-out flooring can increase both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Lighting — Upgrading lighting can improve ambiance and safety ↑
• Both Flooring — Replacing worn-out flooring can increase both resale and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 69,470
• Household income: $74,974
• Rent vs Own: 64.6% rent · 35.4% own
• Severe rent burden: 5586.0

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 0.65)
• Race & ethnicity: Hispanic / Latino 50% White 30% Two or more races 17% Black 12% Asian 4% Native American 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 12% Cuban 1% Dominican 25%
• Common ancestry: Scotch-Irish 3% Romanian 2% Lithuanian 1%
• Foreign-born: 30% · Canada, Jamaica, China
• Languages at home: 50% English-only · Spanish 40% Other Indo-European 3% Russian/Polish/Slavic 2%

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: ▼ -294.75%
• Current HPI: 168.0211
• Rent YoY: ▲ 11.60%
• 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

-2.6% since first listed

2 events — show timeline

• 2026-04-27 Price Changed $375,000 OneKey® MLS as Distributed by MLS Grid
• 2026-04-26 Listed $385,000 OneKey® MLS as Distributed by MLS Grid