1457 Rosedale Ave · New York, NY 10460

$1,250,000

9 bd · 3.9 ba · 3,358 sqft · MultiFamily public records · 109 Days on market

Built 2013 2,800 sqft lot Est $1226k · at est.

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Why this score? — see what drove the D+ 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 +11.5/30.0
• Appreciation +8.7/10.0
• ARV discount +6.6/15.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• DSCR +3.4/10.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Multi-family units

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

Listing remarks MLS

Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

Key facts

• Three-car parking
• New plumbing
• Open concept layouts

Tags

• NEW PLUMBING
• NEW ELECTRICAL SYSTEMS
• HARDWOOD FLOORS
• OPEN KITCHEN
• OPEN CONCEPT LAYOUTS
• THREE-CAR PARKING

Property features AI

Finance

• HOA & community: Senior community

Exterior

• Parking: Driveway with parking for 3 vehicles
• Utilities: Electric service by Con Edison; Public sewer
• Home design: Quadruplex; Total building area approximately 3358
• Construction: Brick construction
• Exterior features: Brick exterior; Not waterfront

Interior

• Bedrooms: Two 1-bedroom units; Two 3-bedroom units
• Bathrooms: Four full bathrooms
• Heating & cooling: Electric heating; Wall/window air conditioning units
• Interior features: First-floor bedroom; Finished basement

What this means for you Summary

Snapshot

• This is a 3 × 3-bed/?-bath units multifamily listed at $1.25M.

Deal economics

• At list price, monthly cash flow is $-417 ($-5k/yr) — negative. Per door: $-139/mo.
• To cash-flow at today's rent, offer at most $1.19M (4.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.04M (16.7% below list).
• Recommended offer: $1.04M (16.7% below list) — sets the bar for 1% rule.
• Cap rate 5.9% 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: 78 active listings in the ZIP; lower-income renter base — watch delinquency; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• At $10,407/mo this rent would consume 344% of the median local household income ($36k/yr) (locally 7852% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $102k of equity ($9k loan paydown + $93k appreciation (7.5% local appreciation)).
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$163k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($1.14M) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 14y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $269k; list at $1.25M implies a 365% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $1,040,700 (16.7% 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 109 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
4. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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?
10. 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.
11. 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.
12. 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: 0.83% ✗
• Cap rate: 5.89%
• Cash-on-cash: -1.43%
• DSCR: 0.94
• GRM: 10.0

CMA / ARV

• ARV (on-the-fly): $1,225,670
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1335 Commonwealth Ave	0.20mi	8/4.0 (-1)	3,685 (+10%)	4mo	$1,260,000	$342	66
1746 Van Buren St	0.39mi	8/3.0 (-1)	3,388 (+1%)	14mo	$940,000	$277	60
1212 Commmonwealth Ave	0.47mi	9/4.0	3,564 (+6%)	12mo	$1,300,000	$365	58
1432 Saint Lawrence Ave	0.12mi	9/2.0	2,968 (-12%)	13mo	$1,200,000	$404	57
1254 Rosedale Ave	0.36mi	8/3.0 (-1)	3,000 (-11%)	5mo	$1,162,000	$387	52
637 Baker Ave	0.45mi	9/3.0	3,520 (+5%)	18mo	$985,000	$280	52
584 Morris Park Ave	0.48mi	9/7.0	3,240 (-4%)	15mo	$1,350,000	$417	47
1746 Westchester Ave	0.40mi	8/6.0 (-1)	3,135 (-7%)	13mo	$1,125,000	$359	46
1853 Watson Ave	0.69mi	8/4.0 (-1)	2,970 (-12%)	20mo	$1,220,000	$411	27

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

7.46% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.7%
• Equity multiple: 2.27×
• Total profit: $446,031
• Equity at exit: $904,445

10-year hold

• IRR: 16.9%
• Equity multiple: 4.75×
• Total profit: $1,314,083
• Equity at exit: $1,753,829

Cash invested: $350,000 (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 10460

• Home prices YoY: 3.5%
• Active inventory: 78
• Price-to-rent: 30.0×

Monthly cashflow live

• Estimated rent: $10,407 medium
• Mortgage (P&I): −$6,555
• Tax est. 1.5%: −$1,562 /mo · $18,750/yr
• Insurance: −$521
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,185
• Net cashflow: $-417

Break-even live

Break-even rent $10,935

Max offer price $1,189,668

Occupancy floor 99%

Sensitivity live

Price	-10% $447	-5% $15	+0% $-417	+5% $-849	+10% $-1,281
Rent	-10% $-1,239	-5% $-828	+0% $-417	+5% $-6	+10% $405
Rate	-1.0pp $213	-0.5pp $-99	base $-417	+0.5pp $-741	+1.0pp $-1,070

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

Units	Beds	Baths	Est. rent
▸ 3× units	3	—	$10,407
Total (3 units)			$10,407

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: $312,500
• Closing costs: $37,500
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-04-28
   status Pending
2. 2026-02-26
   status Active
3. 2026-02-25
   status Pending
4. 2026-01-06
   listed $1,250,000 Active
5. 2025-11-01
   historical
6. 2025-08-19
   price $1,300,000
7. 2025-08-06
   price $1,325,000
8. 2025-06-06
   listed $1,350,000 Active
9. 2014-03-15
   price $269,000 198-char remark

   Show marketing remark (198 chars)

   Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

10. 2012-11-28
    soldstatus $269,000
11. 2012-11-19
    historical 198-char remark

    Show marketing remark (198 chars)

    Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

12. 2012-11-16
    soldstatus $269,000 198-char remark

    Show marketing remark (198 chars)

    Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

13. 2012-11-16
    soldstatus $269,000

    Show marketing remark (198 chars)

    Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

14. 2012-11-02
    price $575,000 198-char remark

    Show marketing remark (198 chars)

    Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

15. 2012-08-14
    listed $575,000 198-char remark

    Show marketing remark (198 chars)

    Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

16. 2012-08-14
    listed $575,000

    Show marketing remark (198 chars)

    Rosedale Avenue- 2 Family Detached Home on 50x112 Lot! 3 Bedroom Apt. + 3 Bedroom Apt. + Basement. 3 Car Garage & Driveway. Nice Backyard. Walk to transportation & shops. Excellent Buy!

ⓘ 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 · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $124,884
• − Mortgage interest: −$70,019
• − Property taxes: −$18,750
• − Insurance: −$6,250
• − Repairs & maintenance: −$9,991
• − Management: −$9,991
• − Depreciation: −$36,364
• Taxable loss: −$26,481
• Est. tax savings @ 24.0%: +$6,355
• After-tax cash flow: $1,352/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): 59,396
• Household income: $36,309
• Rent vs Own: 90.6% rent · 9.4% own
• Severe rent burden: 7852.0

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: Predominantly Hispanic (65%)
• Race & ethnicity: Hispanic / Latino 65% Black 27% Two or more races 20% White 3% Native American 1%
• Hispanic origin (detail): Mexican 4% Puerto Rican 23% Dominican 28%
• Foreign-born: 33% · Canada
• Languages at home: 38% English-only · Spanish 54% French/Haitian/Cajun 2% Other Indo-European 1%

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: ▲ 7.46%
• Current HPI: 224.0425
• Rent YoY: —
• 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

+117.4% since first listed

16 events — show timeline

• 2026-04-28 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-02-26 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-02-25 Pending — OneKey® MLS as Distributed by MLS Grid
• 2026-01-06 Listed $1,250,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-01 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-08-19 Price Changed $1,300,000 OneKey® MLS as Distributed by MLS Grid
• 2025-08-06 Price Changed $1,325,000 OneKey® MLS as Distributed by MLS Grid
• 2025-06-06 Listed $1,350,000 OneKey® MLS as Distributed by MLS Grid
• 2014-03-15 Price Changed $269,000 HGMLS
• 2012-11-28 Sold (Public Records) $269,000 Public Records
• 2012-11-19 Delisted — HGMLS
• 2012-11-16 Sold (MLS) $269,000 OneKey® MLS as Distributed by MLS Grid
• 2012-11-16 Sold (MLS) $269,000 HGMLS
• 2012-11-02 Price Changed $575,000 HGMLS
• 2012-08-14 Listed $575,000 OneKey® MLS as Distributed by MLS Grid
• 2012-08-14 Listed $575,000 HGMLS

Property tax history

-6.0%/yr

Latest (2025): $1,243 · -0.0% YoY. Source: county tax records.