1372 Shakespeare Ave Unit 4D · New York, NY 10452

$125,000

1 bd · 1.0 ba · 550 sqft · Condo · 130 Days on market

Built 1926 ↓ 14% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +6.8/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 1372 Shakespeare Avenue! This stunning 1-Bedroom HDFC Coop is now fully available in the Highbridge section of the Bronx. Minutes away from the Washington Heights and Hudson Heights! This beautiful 1 Bedroom is a 4th floor walk-up with great lighting. The apartment offers a beautiful open concept layout, perfect for entertainment. Comfortably fit large furniture. The kitchen has been updated with oak wood cabinetry. Option available for buyer to professionally install washer and dryer in unit. Bedroom can easily accommodate a large bedroom set. Building is well maintained with secured entry, ideally located for a savvy commuter. Close to all forms of transportation such as the 4 Train on 170th Street, Short bus ride to D Train on 170th and Grand Concourse. Bx 11, Bx 18, Bx 35 can easy cross over Washington Bridge short train ride to Manhattan. Tons of local restaurants perfect for outdoor dining, or late night take out. Why rent, when you own and live in style. Pet Friendly. Additional Information: HeatingFuel:Oil Above Ground,

Key facts

• Move-in ready
• Open-concept kitchen
• Southeast exposure

Tags

• MOVE-IN READY
• OPEN-CONCEPT KITCHEN
• HARDWOOD FLOORS
• OVERSIZED STORAGE CLOSETS
• SOUTHEAST EXPOSURE

Property features AI

Finance

• Other: Living area reported as 550 (source: Other)
• HOA & community: Managed by Midas Property Management; Association fee includes heat, hot water, and water

Exterior

• Parking: On-street parking
• Utilities: Public sewer; Cable connected; Electricity connected; Natural gas connected; Water connected
• Home design: Stock cooperative; 4 total stories; Entry level: 4
• Construction: Brick construction
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Gas oven; Gas range; Refrigerator
• Bedrooms: 3 rooms total (including bedrooms) — entry level is 4
• Flooring: Hardwood flooring
• Bathrooms: 1 full bathroom
• Heating & cooling: Radiant heating; Wall/window air conditioning unit(s)
• Interior features: High ceilings; Open kitchen

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $125k.

Deal economics

• At list price, monthly cash flow is $613 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.2% 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: 41 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 $1,870/mo this rent would consume 54% of the median local household income ($41k/yr) (locally 10080% 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 $5k of equity ($864 loan paydown + $4k appreciation (3.5% local appreciation)).
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (3.5% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 130 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 15y 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 $83k; list at $125k implies a 51% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1926 — 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 $110,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 130 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. 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?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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: 1.50% ✓
• Cap rate: 12.18%
• Cash-on-cash: 21.03%
• DSCR: 1.94
• GRM: 5.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.51% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.3%
• Equity multiple: 2.64×
• Total profit: $57,559
• Equity at exit: $59,830

10-year hold

• IRR: 28.4%
• Equity multiple: 5.17×
• Total profit: $146,083
• Equity at exit: $95,128

Cash invested: $35,000 (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 10452

• Home prices YoY: 2.4%
• Active inventory: 41
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,870 medium
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $613

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 62%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

HOA detail condo

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

Listing history 29 events

1. 2026-06-18
   days on market $125,000 Active 130 DOM
2. 2026-06-17
   days on market $125,000 Active 129 DOM
3. 2026-06-15
   days on market $125,000 Active 127 DOM
4. 2026-06-13
   days on market $125,000 Active 125 DOM
5. 2026-06-10
   days on market $125,000 Active 121 DOM
6. 2026-06-08
   days on market $125,000 Active 120 DOM
7. 2026-06-04
   days on market $125,000 Active 116 DOM
8. 2026-06-03
   days on market $125,000 Active 115 DOM
9. 2026-06-01
   days on market $125,000 Active 113 DOM
10. 2026-05-31
    days on market $125,000 Active 112 DOM
11. 2026-03-12
    status Active
12. 2026-01-27
    listed $125,000 Active
13. 2021-09-10
    soldstatus $83,000 Closed 1054-char remark

    Show marketing remark (1054 chars)

    Welcome to 1372 Shakespeare Avenue! This stunning 1-Bedroom HDFC Coop is now fully available in the Highbridge section of the Bronx. Minutes away from the Washington Heights and Hudson Heights! This beautiful 1 Bedroom is a 4th floor walk-up with great lighting. The apartment offers a beautiful open concept layout, perfect for entertainment. Comfortably fit large furniture. The kitchen has been updated with oak wood cabinetry. Option available for buyer to professionally install washer and dryer in unit. Bedroom can easily accommodate a large bedroom set. Building is well maintained with secured entry, ideally located for a savvy commuter. Close to all forms of transportation such as the 4 Train on 170th Street, Short bus ride to D Train on 170th and Grand Concourse. Bx 11, Bx 18, Bx 35 can easy cross over Washington Bridge short train ride to Manhattan. Tons of local restaurants perfect for outdoor dining, or late night take out. Why rent, when you own and live in style. Pet Friendly. Additional Information: HeatingFuel:Oil Above Ground,

14. 2021-05-25
    status Pending 1054-char remark

    Show marketing remark (1054 chars)

    Welcome to 1372 Shakespeare Avenue! This stunning 1-Bedroom HDFC Coop is now fully available in the Highbridge section of the Bronx. Minutes away from the Washington Heights and Hudson Heights! This beautiful 1 Bedroom is a 4th floor walk-up with great lighting. The apartment offers a beautiful open concept layout, perfect for entertainment. Comfortably fit large furniture. The kitchen has been updated with oak wood cabinetry. Option available for buyer to professionally install washer and dryer in unit. Bedroom can easily accommodate a large bedroom set. Building is well maintained with secured entry, ideally located for a savvy commuter. Close to all forms of transportation such as the 4 Train on 170th Street, Short bus ride to D Train on 170th and Grand Concourse. Bx 11, Bx 18, Bx 35 can easy cross over Washington Bridge short train ride to Manhattan. Tons of local restaurants perfect for outdoor dining, or late night take out. Why rent, when you own and live in style. Pet Friendly. Additional Information: HeatingFuel:Oil Above Ground,

15. 2021-05-05
    price $88,000 1054-char remark

    Show marketing remark (1054 chars)

    Welcome to 1372 Shakespeare Avenue! This stunning 1-Bedroom HDFC Coop is now fully available in the Highbridge section of the Bronx. Minutes away from the Washington Heights and Hudson Heights! This beautiful 1 Bedroom is a 4th floor walk-up with great lighting. The apartment offers a beautiful open concept layout, perfect for entertainment. Comfortably fit large furniture. The kitchen has been updated with oak wood cabinetry. Option available for buyer to professionally install washer and dryer in unit. Bedroom can easily accommodate a large bedroom set. Building is well maintained with secured entry, ideally located for a savvy commuter. Close to all forms of transportation such as the 4 Train on 170th Street, Short bus ride to D Train on 170th and Grand Concourse. Bx 11, Bx 18, Bx 35 can easy cross over Washington Bridge short train ride to Manhattan. Tons of local restaurants perfect for outdoor dining, or late night take out. Why rent, when you own and live in style. Pet Friendly. Additional Information: HeatingFuel:Oil Above Ground,

16. 2021-04-09
    listed $92,999 Active 1054-char remark

    Show marketing remark (1054 chars)

    Welcome to 1372 Shakespeare Avenue! This stunning 1-Bedroom HDFC Coop is now fully available in the Highbridge section of the Bronx. Minutes away from the Washington Heights and Hudson Heights! This beautiful 1 Bedroom is a 4th floor walk-up with great lighting. The apartment offers a beautiful open concept layout, perfect for entertainment. Comfortably fit large furniture. The kitchen has been updated with oak wood cabinetry. Option available for buyer to professionally install washer and dryer in unit. Bedroom can easily accommodate a large bedroom set. Building is well maintained with secured entry, ideally located for a savvy commuter. Close to all forms of transportation such as the 4 Train on 170th Street, Short bus ride to D Train on 170th and Grand Concourse. Bx 11, Bx 18, Bx 35 can easy cross over Washington Bridge short train ride to Manhattan. Tons of local restaurants perfect for outdoor dining, or late night take out. Why rent, when you own and live in style. Pet Friendly. Additional Information: HeatingFuel:Oil Above Ground,

17. 2018-09-21
    historical Temporarily Off Market
18. 2018-08-06
    listed $245,000 Active
19. 2015-05-13
    price $135,000
20. 2015-05-13
    soldstatus $135,000 Sold
21. 2015-03-03
    historical Pending
22. 2015-03-03
    price $145,000
23. 2015-02-14
    listed $145,000 Active
24. 2015-02-08
    historical Expired
25. 2014-08-07
    listed Active
26. 2013-05-23
    historical
27. 2013-02-13
    listed Active
28. 2012-10-31
    historical
29. 2011-09-13
    listed

ⓘ 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: $22,439
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,795
• − Management: −$1,795
• − Depreciation: −$3,636
• Taxable income: $5,710
• Est. tax owed @ 24.0%: −$1,370
• After-tax cash flow: $5,990/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): 75,682
• Household income: $41,288
• Rent vs Own: 96.7% rent · 3.3% own
• Severe rent burden: 10080.0

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 28% Two or more races 14% White 3%
• Hispanic origin (detail): Mexican 8% Puerto Rican 15% Dominican 34%
• Foreign-born: 37% · Canada
• Languages at home: 32% English-only · Spanish 58% 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: ▲ 3.51%
• Current HPI: 153.1372
• 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

-13.8% since first listed

19 events — show timeline

• 2026-03-12 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-01-27 Listed $125,000 OneKey® MLS as Distributed by MLS Grid
• 2021-09-10 Sold (MLS) $83,000 OneKey® MLS as Distributed by MLS Grid
• 2021-05-25 Pending — OneKey® MLS as Distributed by MLS Grid
• 2021-05-05 Price Changed $88,000 OneKey® MLS as Distributed by MLS Grid
• 2021-04-09 Listed $92,999 OneKey® MLS as Distributed by MLS Grid
• 2018-09-21 Delisted — RLS at REBNY
• 2018-08-06 Listed $245,000 RLS at REBNY
• 2015-05-13 Sold (MLS) $135,000 HGMLS
• 2015-05-13 Price Changed $135,000 HGMLS
• 2015-03-03 Contingent — HGMLS
• 2015-03-03 Price Changed $145,000 HGMLS
• 2015-02-14 Listed $145,000 HGMLS
• 2015-02-08 Delisted — HGMLS
• 2014-08-07 Listed — HGMLS
• 2013-05-23 Delisted — HGMLS
• 2013-02-13 Listed — HGMLS
• 2012-10-31 Delisted — HGMLS
• 2011-09-13 Listed — HGMLS