| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 71st | Good |
| Demographics | 23rd | Poor |
| Amenities | 98th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 786 E 152nd St, Bronx, NY, 10455, US |
| Region / Metro | Bronx |
| Year of Construction | 1906 |
| Units | 31 |
| Transaction Date | 2025-09-04 |
| Transaction Price | $19,625,000 |
| Buyer | TINTON WALES LLC |
| Seller | TEGFORD REALTY LLC |
786 E 152nd St Bronx Multifamily — 2003 Vintage, 31 Units
Renter demand in this Urban Core pocket of the Bronx supports steady leasing conditions, according to CRE market data from WDSuite, with neighborhood occupancy trending strong versus national norms.
Situated in the Bronx and rated B+ among 889 metro neighborhoods the area combines dense amenities with a renter-driven housing base. Grocery, restaurant, park, and pharmacy access score in the upper national percentiles, which bolsters day-to-day livability and reduces frictions for tenants. Average school ratings trail national norms, which can influence family-oriented retention strategies.
Occupancy across the neighborhood is in the top decile nationally, based on CRE market data from WDSuite, signaling resilient absorption and limited downtime risk for stabilized assets. The share of housing units that are renter-occupied is very high, indicating a deep tenant base and consistent multifamily demand. Against the broader New York-Jersey City-White Plains metro, this positioning supports above-median leasing stability.
The property s 2003 construction is newer than the neighborhood s average vintage from the late 1960s. That relative youth can enhance competitive standing versus older stock while still warranting planning for system refreshes or targeted upgrades to drive rent positioning.
Demographic statistics aggregated within a 3-mile radius show households have been increasing even as average household size trends smaller, expanding the renter pool. Forward-looking projections point to continued growth in households and incomes over the next five years, which tends to support occupancy stability and pricing power for well-managed multifamily assets in high-renter areas.
Home values sit toward the higher end nationally, creating a high-cost ownership market. In practice, that reinforces renter reliance on multifamily housing, which can aid lease retention and reduce move-outs to ownership, particularly for compact-unit product that meets monthly budget targets. At the same time, elevated rent-to-income ratios in the neighborhood require careful lease management and renewal strategies.
Safety trends should be evaluated as part of underwriting. Relative to national norms, the neighborhood sits in lower safety percentiles, indicating elevated crime levels compared with many U.S. neighborhoods. However, recent year-over-year data from WDSuite shows declines in both violent and property offenses, a constructive trend investors can monitor when assessing retention and operating practices.
Given the urban context, operators often emphasize lighting, access control, and community engagement to support resident experience. Benchmarking against peer Bronx neighborhoods and tracking the ongoing downward trajectory in offense rates can help calibrate security budgets and renewal planning without overcommitting capital upfront.
Proximity to major Manhattan employers supports workforce housing demand and commute convenience for renters. Nearby corporate anchors include JetBlue, Disney/ABC, Loews, Ralph Lauren, and Est e9e Lauder.
- Jetblue Airways airlines (4.8 miles) HQ
- Disney ABC Television Group media (4.9 miles)
- Loews conglomerate (4.9 miles) HQ
- Ralph Lauren apparel (5.0 miles) HQ
- Estee Lauder beauty & personal care (5.0 miles) HQ
Built in 2003 with 31 units, 786 E 152nd St is positioned for durable renter demand in a Bronx neighborhood characterized by high renter concentration and strong occupancy. According to CRE market data from WDSuite, the area ranks in the upper national percentiles for amenities and occupancy, while ownership costs remain elevated relative to incomes a mix that supports reliance on rental housing and consistent leasing for well-managed assets.
The asset s newer vintage versus much of the local stock offers relative competitiveness, with opportunity to capture value through selective modernization and operational execution. Demographic signals within a 3-mile radius indicate a growing household base and smaller average household sizes, expanding the tenant pool for compact units and supporting long-term absorption, while acknowledging the need for prudent affordability and safety planning.
- High neighborhood occupancy and deep renter-occupied housing base support leasing stability.
- 2003 construction offers a competitive edge versus older local stock, with targeted upgrade potential.
- Amenity-rich Urban Core location underpins day-to-day livability and resident retention.
- Household growth and smaller household sizes within 3 miles point to a larger renter pool over time.
- Risks: elevated crime relative to national norms and affordability pressure require active management and security planning.