2101 Webster Ave · New York, NY 10457

$1,048,888

12 bd · 4.0 ba · 4,760 sqft · MultiFamily public records · 29 Days on market

Built 1931 1,700 sqft lot

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Why this score? — see what drove the B+ 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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• ARV discount +7.5/15.0
• Appreciation +7.1/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• 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: 4 units. confirmed

Listing remarks

Exceptional investment opportunity at 2101 Webster Avenue — a 4-unit quadruplex offering strong income potential in a prime location. This multi-family property features spacious layouts, excellent natural light, and a versatile setup ideal for investors or owner-occupants alike. Conveniently located near shopping, dining, public transportation, schools, and major highways, this property combines city convenience with long-term value. A rare opportunity to own a solid income-producing asset in a highly accessible neighborhood.

Key facts

• Spacious layouts
• Versatile setup
• 4 unit quadruplex

Tags

• 4 UNIT QUADRUPLEX
• STRONG INCOME POTENTIAL
• MULTI FAMILY PROPERTY
• SPACIOUS LAYOUTS
• EXCELLENT NATURAL LIGHT
• VERSATILE SETUP

Property features AI

Finance

• Financial info: Tax year 2025

Exterior

• Parking: On-street parking
• Utilities: Public sewer; Natural gas connected; Public trash collection
• Home design: Quadruplex
• Construction: Brick construction
• Exterior features: Brick exterior; Not waterfront

Interior

• Bedrooms: Four 3-bedroom units
• Bathrooms: Four full bathrooms
• Heating & cooling: Natural gas heating; Wall/window air conditioning units
• Interior features: Other interior features; Full, partially finished basement

What this means for you Summary

Snapshot

• This is a 4 × 3-bed/1.0-bath units multifamily listed at $1.05M.

Deal economics

• At list price, monthly cash flow is $5k ($60k/yr) — positive. Per door: $1k/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($15k rent vs $1.05M).
• Recommended offer: $1.03M (1.5% below list) — sets the bar for market timing.
• Cap rate 12.1% 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: 47 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 $14,895/mo this rent would consume 419% of the median local household income ($43k/yr) (locally 8573% 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 $52k of equity ($7k loan paydown + $45k appreciation (4.3% local appreciation)).
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.3% appreciation + 3.0% rent growth), your $294k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$84k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 29 days — a 2% lower offer ($1.03M) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y 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 $375k; list at $1.05M implies a 180% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1931 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; 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 $1,033,154 (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 1931 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
9. 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.
10. 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: 1.42% ✓
• Cap rate: 12.09%
• Cash-on-cash: 20.69%
• DSCR: 1.92
• GRM: 5.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.3% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 29.3%
• Equity multiple: 2.77×
• Total profit: $518,362
• Equity at exit: $550,061

10-year hold

• IRR: 28.6%
• Equity multiple: 5.47×
• Total profit: $1,313,220
• Equity at exit: $914,553

Cash invested: $293,689 (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 10457

• Home prices YoY: 2.8%
• Active inventory: 47
• Price-to-rent: 23.5×

Monthly cashflow live

• Estimated rent: $14,895 medium
• Mortgage (P&I): −$5,500
• Tax from tax record: −$765 /mo · $9,177/yr
• Insurance: −$437
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,128
• Net cashflow: $4,998

Break-even live

Break-even rent $8,568

Max offer price $1,048,888

Occupancy floor 61%

Sensitivity live

Price	-10% $5,592	-5% $5,295	+0% $4,998	+5% $4,701	+10% $4,405
Rent	-10% $3,822	-5% $4,410	+0% $4,998	+5% $5,587	+10% $6,175
Rate	-1.0pp $5,527	-0.5pp $5,265	base $4,998	+0.5pp $4,727	+1.0pp $4,450

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

Units	Beds	Baths	Est. rent
▸ 4× units	3	1	$14,896
Total (4 units)			$14,895

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: $262,222
• Closing costs: $31,467
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-18
   days on market $1,048,888 Active 29 DOM
2. 2026-06-17
   days on market $1,048,888 Active 28 DOM
3. 2026-06-16
   days on market $1,048,888 Active 27 DOM
4. 2026-06-15
   days on market $1,048,888 Active 26 DOM
5. 2026-06-13
   days on market $1,048,888 Active 24 DOM
6. 2026-06-10
   days on market $1,048,888 Active 20 DOM
7. 2026-06-08
   days on market $1,048,888 Active 19 DOM
8. 2026-06-08
   days on market $1,048,888 Active 18 DOM
9. 2026-06-04
   days on market $1,048,888 Active 15 DOM
10. 2026-06-03
    days on market $1,048,888 Active 14 DOM
11. 2026-06-02
    days on market $1,048,888 Active 13 DOM
12. 2026-06-01
    days on market $1,048,888 Active 12 DOM
13. 2026-05-31
    days on market $1,048,888 Active 11 DOM
14. 2026-05-20
    listed $1,048,888 Active
15. 2026-04-20
    historical
16. 2026-02-10
    listed $1,188,888 Active
17. 2021-12-10
    historical
18. 2021-11-04
    price $1,160,000
19. 2021-06-15
    price $1,199,999
20. 2021-06-03
    listed $1,299,999 Active
21. 2018-11-20
    historical
22. 2018-09-24
    price $1,149,999
23. 2018-08-28
    listed $1,199,999 Active
24. 2004-12-07
    soldstatus $375,000
25. 2003-03-24
    soldstatus $335,000
26. 2001-06-04
    soldstatus $252,000
27. 1997-06-20
    soldstatus $180,500
28. 1988-06-08
    soldstatus $90,000

ⓘ 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: $9,177 · $765/mo
• Projected year-2 tax: $13,451 · $1,121/mo
• Expected delta: +$4,275/yr (+$356/mo · 46.6%)

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 79% 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $178,740
• − Mortgage interest: −$58,754
• − Property taxes: −$9,177
• − Insurance: −$6,042
• − Repairs & maintenance: −$14,299
• − Management: −$14,299
• − Depreciation: −$30,513
• Taxable income: $45,656
• Est. tax owed @ 24.0%: −$10,957
• After-tax cash flow: $49,023/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): 79,543
• Household income: $42,683
• Rent vs Own: 94.8% rent · 5.2% own
• Severe rent burden: 8573.0

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: Majority Hispanic (63%)
• Race & ethnicity: Hispanic / Latino 63% Black 32% Two or more races 19% White 2% Native American 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 16% Dominican 31%
• Common ancestry: Hispanic 1%
• Foreign-born: 39% · Canada, United Kingdom, Jamaica
• Languages at home: 33% English-only · Spanish 54% French/Haitian/Cajun 2% Arabic 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: ▲ 4.30%
• Current HPI: 160.6434
• 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

+1065.4% since first listed

15 events — show timeline

• 2026-05-20 Listed $1,048,888 OneKey® MLS as Distributed by MLS Grid
• 2026-04-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2026-02-10 Listed $1,188,888 OneKey® MLS as Distributed by MLS Grid
• 2021-12-10 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-11-04 Price Changed $1,160,000 OneKey® MLS as Distributed by MLS Grid
• 2021-06-15 Price Changed $1,199,999 OneKey® MLS as Distributed by MLS Grid
• 2021-06-03 Listed $1,299,999 OneKey® MLS as Distributed by MLS Grid
• 2018-11-20 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2018-09-24 Price Changed $1,149,999 OneKey® MLS as Distributed by MLS Grid
• 2018-08-28 Listed $1,199,999 OneKey® MLS as Distributed by MLS Grid
• 2004-12-07 Sold (Public Records) $375,000 Public Records
• 2003-03-24 Sold (Public Records) $335,000 Public Records
• 2001-06-04 Sold (Public Records) $252,000 Public Records
• 1997-06-20 Sold (Public Records) $180,500 Public Records
• 1988-06-08 Sold (Public Records) $90,000 Public Records

Property tax history

+5.2%/yr

Latest (2025): $9,177 · +3.3% YoY. Source: county tax records.