941 Jerome Ave Unit 5B · New York, NY 10452

$155,000

1 bd · 1.0 ba · 700 sqft · Condo · 32 Days on market

Built 1927

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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

Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

Key facts

• Built 1927
• Listed 31 days

Property features AI

Exterior

• Parking: On-street parking; No carport
• Utilities: Electric service by Con Edison; Public sewer; No additional utilities listed
• Home design: Stock cooperative; 8-story building; Located between 3rd and 5th floors; Actual property condition
• Construction: Concrete perimeter foundation
• Exterior features: Brick construction; Not waterfront

Interior

• Kitchen: Stainless steel appliances; Galley-style kitchen
• Bedrooms: Located on the 2nd entry level
• Bathrooms: 1 full bathroom
• Heating & cooling: Wall/window air conditioning unit(s); Radiant heating
• Interior features: Elevator; Galley kitchen layout; Stainless steel appliances; Pets allowed
• Laundry & utility: No basement

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $155k.

Deal economics

• At list price, monthly cash flow is $764 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $155k).
• Recommended offer: $150k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.7% 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; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 6,929 units permitted in Bronx County in 2024 (6,829 in 5+ unit buildings).
• At $2,408/mo this rent would consume 70% 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 $7k of equity ($1k loan paydown + $5k 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 $43k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 32 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y 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 $90k; list at $155k implies a 72% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1927 — 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 $150,350 (3.0% below list)

Questions for the listing agent

1. It's been on market 32 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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: 1.55% ✓
• Cap rate: 12.73%
• Cash-on-cash: 22.97%
• DSCR: 2.02
• GRM: 5.4

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: 28.4%
• Equity multiple: 2.65×
• Total profit: $71,657
• Equity at exit: $74,189

10-year hold

• IRR: 28.5%
• Equity multiple: 5.19×
• Total profit: $181,872
• Equity at exit: $117,959

Cash invested: $43,400 (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: 5.4×

Monthly cashflow live

• Estimated rent: $2,408 medium
• Mortgage (P&I): −$813
• Tax est. 1.5%: −$194 /mo · $2,325/yr
• Insurance: −$65
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $764

Break-even live

Break-even rent $1,440

Max offer price $155,000

Occupancy floor 63%

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: $38,750
• Closing costs: $4,650
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
132 W 134th St New York, NY	2.0	1.0	750	$4,500	$6.00	25d	1	1.42mi

HOA detail condo

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

Listing history 23 events

1. 2026-06-18
   days on market $155,000 Active 32 DOM
2. 2026-06-17
   days on market $155,000 Active 31 DOM
3. 2026-06-16
   days on market $155,000 Active 30 DOM
4. 2026-06-15
   days on market $155,000 Active 29 DOM
5. 2026-06-13
   days on market $155,000 Active 27 DOM
6. 2026-06-10
   days on market $155,000 Active 23 DOM
7. 2026-06-08
   days on market $155,000 Active 22 DOM
8. 2026-06-08
   days on market $155,000 Active 21 DOM
9. 2026-06-04
   days on market $155,000 Active 18 DOM
10. 2026-06-03
    days on market $155,000 Active 17 DOM
11. 2026-06-02
    days on market $155,000 Active 16 DOM
12. 2026-06-01
    days on market $155,000 Active 15 DOM
13. 2026-05-31
    days on market $155,000 Active 14 DOM
14. 2026-05-18
    listed $155,000 Active
15. 2026-05-13
    historical $155,000
16. 2017-02-11
    soldstatus $90,000 Sold 892-char remark

    Show marketing remark (892 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

17. 2017-02-11
    price $90,000 892-char remark

    Show marketing remark (892 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

18. 2017-02-10
    soldstatus $90,000 888-char remark

    Show marketing remark (888 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

19. 2016-11-18
    status Pending 892-char remark

    Show marketing remark (892 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

20. 2016-11-03
    historical Temporarily off Market 892-char remark

    Show marketing remark (892 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

21. 2016-11-03
    price $105,000 892-char remark

    Show marketing remark (892 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

22. 2016-10-19
    listed $105,000 Active 892-char remark

    Show marketing remark (888 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

23. 2016-10-19
    listed $105,000 888-char remark

    Show marketing remark (888 chars)

    Updated HDFC 1 br coop located right across the street from Yankee Stadium. As you walk in you will notice the 8 ft high ceilings, a size-able foyer, laminate wood floors & windows throughout. This unit also features a wrap around living room AND dining room with a cozy kitchen that will be equipped with stainless steel appliances. The master bedroom is enormous and can easily accommodate a king size bed with multiple dressers. There are also 3 XL closets for additional storage in the hallway. Jerome Ave is centrally located within walking distance to the 4, B, & D train as well as the Metro North which will leave you in Manhattan in as little as 15 mins. You can also also easily walk to Foodtown, the Macombs Dam Park, Restaurants, & much more. Owner occupancy required. Max income NOT to exceed: 1HHS- $70560, 2HHS- $80640, 3HHS- $90720. Limited financing available

ⓘ 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 8/10 Severe FEMA zone X (unshaded) · 78% 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: $28,891
• − Mortgage interest: −$8,682
• − Property taxes: −$2,325
• − Insurance: −$1,572
• − Repairs & maintenance: −$2,311
• − Management: −$2,311
• − Depreciation: −$4,509
• Taxable income: $7,179
• Est. tax owed @ 24.0%: −$1,723
• After-tax cash flow: $7,449/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

+47.6% since first listed

10 events — show timeline

• 2026-05-18 Listed $155,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-13 Coming Soon $155,000 OneKey® MLS as Distributed by MLS Grid
• 2017-02-11 Price Changed $90,000 HGMLS
• 2017-02-11 Sold (MLS) $90,000 HGMLS
• 2017-02-10 Sold (MLS) $90,000 OneKey® MLS as Distributed by MLS Grid
• 2016-11-18 Relisted — HGMLS
• 2016-11-03 Delisted — HGMLS
• 2016-11-03 Price Changed $105,000 HGMLS
• 2016-10-19 Listed $105,000 HGMLS
• 2016-10-19 Listed $105,000 OneKey® MLS as Distributed by MLS Grid