3671 Hudson Manor Ter Unit 1A · New York, NY 10463

$259,000

1 bd · 1.0 ba · 750 sqft · Condo · 78 Days on market

Built 1963 Good condition ↓ 6% 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
• 1% rule +4.8/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Cash flow +2.1/30.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Come see this tastefully renovated one-bedroom with river views, the Palisades cliffs, and beautiful sunsets, ideally located west of the Henry Hudson Parkway in the highly desirable full-service building, Manor Towers. This fully renovated home features a spacious living room with oversized west-facing windows, filling the space with natural light, along with a designated dining area. The apartment is finished with new flooring, baseboards, and doors complemented by sleek black hardware throughout. The galley kitchen is thoughtfully designed with quartzite countertops, a subway tile backsplash, white shaker cabinetry, and stainless steel appliances. The modern bathroom showcases a sophisti

Key facts

• Palisades cliffs
• New flooring
• River views

Tags

• RIVER VIEWS
• PALISADES CLIFFS
• SPACIOUS LIVING ROOM
• OVERSIZED WEST-FACING WINDOWS
• DESIGNATED DINING AREA
• NEW FLOORING

Property features AI

Finance

• HOA & community: Association: Manor Tower; Community amenities include pool and tennis courts; Additional monthly fee (reserve assessment) of $56.92

Exterior

• Parking: Assigned parking; Attached parking; Covered parking; Driveway access; Garage parking (2 spaces); On-street parking; Common parking
• Security: Video cameras
• Utilities: Con-Edison electric service; Public sewer; Cable available and connected; Electricity available and connected; Natural gas available and connected; Phone available; Sewer available and connected; Public trash collection; Water available and connected
• Home design: Stock cooperative; One level (entry level 1); First floor location
• Construction: Brick construction; Basement: finished, full, common area with walk-out access
• Exterior features: Tennis courts; Outdoor in-ground saltwater pool; Brick exterior

Interior

• Kitchen: Dishwasher; Microwave; Range; Refrigerator
• Bedrooms: 3 total rooms (includes living area and bedrooms) — located on one level, entry level 1
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating (natural gas)
• Interior features: Galley-type kitchen; Finished common basement with walk-out access; Bicycle room; Pool/Spa within building/community
• Laundry & utility: Laundry room; Common area laundry; In basement laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $259k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-949 ($-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 $253k (2.2% below list).
• Recommended offer: $243k (6.0% below list) — sets the bar for market timing.
• Cap rate 1.9% vs local median 2.6% in New York — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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; 1 comparable units currently listed for rent nearby; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• This rent runs 41% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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

• It's been on market 78 days — a 6% lower offer ($243k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: HOA is 46% of rent.
• 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 $243,460 (6.0% 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. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
3. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. 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?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. 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: 0.98% ✗
• Cap rate: 1.89%
• Cash-on-cash: -15.71%
• DSCR: 0.30
• GRM: 8.5

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: -35.4%
• Equity multiple: -0.22×
• Total profit: $-88,301
• Equity at exit: $38,618

10-year hold

• IRR: -16.6%
• Equity multiple: -0.25×
• Total profit: $-90,768
• Equity at exit: $22,394

Cash invested: $72,520 (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: 8.5×

Monthly cashflow live

• Estimated rent: $2,533 medium
• Mortgage (P&I): −$1,358
• Tax est. 1.5%: −$324 /mo · $3,885/yr
• Insurance: −$108
• HOA est. from 1 same-building comp: −$1,161
• Vacancy / Maint / Mgmt: −$532
• Net cashflow: $-949

Break-even live

Break-even rent $3,735

Max offer price $121,610

Occupancy floor —

Sensitivity live

Price	-10% $-770	-5% $-860	+0% $-949	+5% $-1,039	+10% $-1,128
Rent	-10% $-1,150	-5% $-1,050	+0% $-949	+5% $-849	+10% $-749
Rate	-1.0pp $-819	-0.5pp $-884	base $-949	+0.5pp $-1,017	+1.0pp $-1,085

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: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2600 Netherland Ave Bronx, NY	1.0–3.0	1.0–2.5	1132	$2,775	$2.45	23d	3	0.64mi

HOA detail condo

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

Listing history 14 events

1. 2026-06-21
   days on market $259,000 Active 78 DOM
2. 2026-06-18
   days on market $259,000 Active 75 DOM
3. 2026-06-17
   days on market $259,000 Active 74 DOM
4. 2026-06-15
   days on market $259,000 Active 72 DOM
5. 2026-06-13
   days on market $259,000 Active 70 DOM
6. 2026-06-10
   days on market $259,000 Active 66 DOM
7. 2026-06-08
   days on market $259,000 Active 65 DOM
8. 2026-06-08
   days on market $259,000 Active 64 DOM
9. 2026-06-04
   days on market $259,000 Active 61 DOM
10. 2026-06-03
    days on market $259,000 Active 60 DOM
11. 2026-06-01
    days on market $259,000 Active 58 DOM
12. 2026-05-31
    days on market $259,000 Active 57 DOM
13. 2026-05-12
    price $259,000
14. 2026-04-04
    listed $275,000 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: $30,401
• − Mortgage interest: −$14,508
• − Property taxes: −$3,885
• − Insurance: −$1,295
• − Repairs & maintenance: −$2,432
• − Management: −$2,432
• − HOA: −$13,932
• − Depreciation: −$7,535
• Taxable loss: −$15,617
• Est. tax savings @ 24.0%: +$3,748
• After-tax cash flow: $-7,645/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 · 12 photos

Good 80/100 Cosmetic rehab

This tastefully renovated one-bedroom condo is move-in ready with new finishes and a fresh paint job, ideal for both resale and rental.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and value
• Both Landscaping improvements — Enhances curb appeal and value
• Both New window treatments — Enhances curb appeal and value

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior — Enhances curb appeal and value ↑
• Both Landscaping improvements — Enhances curb appeal and value ↑
• Both New window treatments — Enhances curb appeal and 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

-5.8% since first listed

2 events — show timeline

• 2026-05-12 Price Changed $259,000 OneKey® MLS as Distributed by MLS Grid
• 2026-04-04 Listed $275,000 OneKey® MLS as Distributed by MLS Grid