1711 Mansion St · New York, NY 10460

$749,900

4 bd · 3.0 ba · 2,180 sqft · MultiFamily public records · 56 Days on market

Built 1940 2,917 sqft lot Est $889k · 16% under

---

Why this score? — see what drove the C+ 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 +15.8/30.0
• ARV discount +14.6/15.0
• Appreciation +8.7/10.0
• Schools +5.0/10.0
• DSCR +4.9/10.0
• Livability +3.8/5.0
• 1% rule +3.6/10.0
• 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: 1 unit. estimate disagrees with records

Listing remarks

This Townhouse Style Home Features 4 Bedrooms, 2.5 Baths & 1 Car Garage. The information provided is estimated to the best of our abilities at this time.

Key facts

• 2,917 sq ft lot
• Garage
• Built 1940

Property features AI

Exterior

• Parking: Attached garage (1 space); No carport
• Utilities: Sewer: Other; Utilities: See remarks
• Home design: Townhouse; Duplex
• Construction: Frame construction
• Exterior features: Frame construction; Not waterfront

Interior

• Bedrooms: Two 2-bedroom units
• Bathrooms: Three full bathrooms
• Heating & cooling: Natural gas heating; Steam heating; No central cooling
• Interior features: First-floor bedroom; First-floor full bathroom; Porch; Full basement

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath multifamily listed at $750k.

Deal economics

• At list price, monthly cash flow is $338 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $648k (13.6% below list).
• Recommended offer: $648k (13.6% below list) — sets the bar for 1% rule.
• Cap rate 6.8% 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 $6,481/mo this rent would consume 214% 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 $61k of equity ($5k loan paydown + $56k appreciation (7.5% local appreciation)).
• Bronx County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (7.5% appreciation + 3.0% rent growth), your $210k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$98k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 56 days — a 3% lower offer ($727k) is reasonable based on typical stale-listing flexibility.
• 25 sale attempts since 16y 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 $390k; list at $750k implies a 92% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1940 — 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 $648,100 (13.6% below list)

Questions for the listing agent

1. It's been on market 56 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.86% ✗
• Cap rate: 6.83%
• Cash-on-cash: 1.93%
• DSCR: 1.09
• GRM: 9.6

CMA / ARV

• ARV (on-the-fly): $889,440
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1513 Rosedale Ave	0.05mi	5/3.0 (+1)	1,946 (-11%)	3mo	$799,000	$411	72
977 E 179th St	0.58mi	5/3.0 (+1)	2,205 (+1%)	1mo	$725,000	$329	65
975 E 178th St	0.58mi	5/3.0 (+1)	2,205 (+1%)	4mo	$900,000	$408	63
1801 Cross Bronx Expy	0.30mi	3/2.0 (-1)	2,146 (-2%)	22mo	$675,000	$315	56
1631 Van Buren St	0.19mi	5/4.0 (+1)	2,360 (+8%)	23mo	$830,000	$352	49
1328 Thieriot Ave	0.48mi	3/1.0 (-1)	2,040 (-6%)	12mo	$999,000	$490	44
1926 Mcgraw Ave	0.63mi	5/4.0 (+1)	1,935 (-11%)	2mo	$900,000	$465	41

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: 20.3%
• Equity multiple: 2.45×
• Total profit: $304,828
• Equity at exit: $542,595

10-year hold

• IRR: 19.0%
• Equity multiple: 5.13×
• Total profit: $868,063
• Equity at exit: $1,052,157

Cash invested: $209,972 (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: 19.3×

Monthly cashflow live

• Estimated rent: $6,481 medium
• Mortgage (P&I): −$3,933
• Tax from tax record: −$537 /mo · $6,438/yr
• Insurance: −$312
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,361
• Net cashflow: $338

Break-even live

Break-even rent $6,053

Max offer price $749,900

Occupancy floor 90%

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$6,482
Total (2 units)			$6,481

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: $187,475
• Closing costs: $22,497
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-06-18
   days on market $749,900 Active 56 DOM
2. 2026-06-17
   days on market $749,900 Active 55 DOM
3. 2026-06-16
   days on market $749,900 Active 54 DOM
4. 2026-06-15
   days on market $749,900 Active 53 DOM
5. 2026-06-13
   days on market $749,900 Active 51 DOM
6. 2026-06-10
   days on market $749,900 Active 47 DOM
7. 2026-06-08
   days on market $749,900 Active 46 DOM
8. 2026-06-08
   days on market $749,900 Active 45 DOM
9. 2026-06-04
   days on market $749,900 Active 42 DOM
10. 2026-06-03
    days on market $749,900 Active 41 DOM
11. 2026-06-01
    days on market $749,900 Active 39 DOM
12. 2026-05-31
    days on market $749,900 Active 38 DOM
13. 2026-04-22
    listed $749,900 Active
14. 2025-06-02
    status Active
15. 2025-02-04
    historical
16. 2025-02-02
    listed $399,000 Active
17. 2025-02-01
    price $399,000
18. 2025-01-27
    price $435,000
19. 2024-06-25
    price $599,000
20. 2024-06-23
    listed $399,000 Active
21. 2024-05-01
    historical
22. 2024-02-17
    listed $399,999 Active
23. 2023-06-12
    price $479,000
24. 2023-05-10
    listed $499,000 Active
25. 2022-05-04
    status Pending
26. 2022-05-04
    historical
27. 2022-03-10
    status Active
28. 2022-03-09
    historical
29. 2022-01-13
    listed $569,000 Active
30. 2021-11-06
    historical
31. 2021-10-05
    price $549,000
32. 2021-09-21
    listed $499,000 Active
33. 2021-05-25
    historical
34. 2021-03-31
    price $675,000
35. 2021-03-10
    listed $679,000 Active
36. 2019-03-24
    historical
37. 2019-03-22
    price $699,000
38. 2019-02-06
    listed $675,000 Active
39. 2016-12-24
    historical
40. 2016-08-24
    historical Temporarily off Market
41. 2016-07-09
    price
42. 2016-04-21
    price
43. 2016-04-21
    status Active
44. 2016-04-19
    historical Temporarily off Market
45. 2015-07-14
    listed Active
46. 2015-07-14
    listed $499,999
47. 2015-07-08
    historical Expired
48. 2015-07-07
    historical
49. 2015-01-08
    listed Active
50. 2015-01-07
    listed $479,000

ⓘ 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: $6,438 · $537/mo
• Projected year-2 tax: $9,556 · $796/mo
• Expected delta: +$3,118/yr (+$260/mo · 48.4%)

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

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: $77,772
• − Mortgage interest: −$42,006
• − Property taxes: −$6,438
• − Insurance: −$3,750
• − Repairs & maintenance: −$6,222
• − Management: −$6,222
• − Depreciation: −$21,815
• Taxable loss: −$8,680
• Est. tax savings @ 24.0%: +$2,083
• After-tax cash flow: $6,145/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

+343.7% since first listed

62 events — show timeline

• 2026-04-22 Listed $749,900 OneKey® MLS as Distributed by MLS Grid
• 2025-06-02 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2025-02-04 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-02-02 Listed $399,000 OneKey® MLS as Distributed by MLS Grid
• 2025-02-01 Price Changed $399,000 OneKey® MLS as Distributed by MLS Grid
• 2025-01-27 Price Changed $435,000 OneKey® MLS as Distributed by MLS Grid
• 2024-06-25 Price Changed $599,000 OneKey® MLS as Distributed by MLS Grid
• 2024-06-23 Listed $399,000 OneKey® MLS as Distributed by MLS Grid
• 2024-05-01 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2024-02-17 Listed $399,999 OneKey® MLS as Distributed by MLS Grid
• 2023-06-12 Price Changed $479,000 OneKey® MLS as Distributed by MLS Grid
• 2023-05-10 Listed $499,000 OneKey® MLS as Distributed by MLS Grid
• 2022-05-04 Pending — OneKey® MLS as Distributed by MLS Grid
• 2022-05-04 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2022-03-10 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2022-03-09 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2022-01-13 Listed $569,000 OneKey® MLS as Distributed by MLS Grid
• 2021-11-06 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-10-05 Price Changed $549,000 OneKey® MLS as Distributed by MLS Grid
• 2021-09-21 Listed $499,000 OneKey® MLS as Distributed by MLS Grid
• 2021-05-25 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2021-03-31 Price Changed $675,000 OneKey® MLS as Distributed by MLS Grid
• 2021-03-10 Listed $679,000 OneKey® MLS as Distributed by MLS Grid
• 2019-03-24 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2019-03-22 Price Changed $699,000 OneKey® MLS as Distributed by MLS Grid
• 2019-02-06 Listed $675,000 OneKey® MLS as Distributed by MLS Grid
• 2016-12-24 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2016-08-24 Delisted — HGMLS
• 2016-07-09 Price Changed — HGMLS
• 2016-04-21 Relisted — HGMLS
• 2016-04-21 Price Changed — HGMLS
• 2016-04-19 Delisted — HGMLS
• 2015-07-14 Listed — HGMLS
• 2015-07-14 Listed $499,999 OneKey® MLS as Distributed by MLS Grid
• 2015-07-08 Delisted — HGMLS
• 2015-07-07 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2015-01-08 Listed — HGMLS
• 2015-01-07 Listed $479,000 OneKey® MLS as Distributed by MLS Grid
• 2014-08-14 Delisted — HGMLS
• 2014-08-14 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2014-07-09 Listed — HGMLS
• 2014-07-08 Listed $489,000 OneKey® MLS as Distributed by MLS Grid
• 2013-12-14 Delisted — HGMLS
• 2013-12-13 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2013-09-16 Relisted — HGMLS
• 2013-09-16 Price Changed — HGMLS
• 2013-09-16 Delisted — HGMLS
• 2013-09-04 Price Changed — HGMLS
• 2013-08-08 Price Changed — HGMLS
• 2013-08-07 Price Changed — HGMLS
• 2013-07-13 Listed — HGMLS
• 2013-07-13 Listed $449,000 OneKey® MLS as Distributed by MLS Grid
• 2013-07-01 Delisted — HGMLS
• 2013-06-30 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2012-11-30 Listed $435,000 OneKey® MLS as Distributed by MLS Grid
• 2012-11-30 Listed — HGMLS
• 2011-06-15 Delisted — HGMLS
• 2010-09-13 Listed — HGMLS
• 2010-08-05 Delisted — HGMLS
• 2010-04-05 Listed — HGMLS
• 2006-12-21 Sold (Public Records) $390,000 Public Records
• 1997-04-22 Sold (Public Records) $169,000 Public Records

Property tax history

+4.5%/yr

Latest (2025): $6,438 · +0.8% YoY. Source: county tax records.