1717 Sexton Place
About This Property
1717 Sexton Place (Block 4752, Lot 154) is a vacant triangular corner lot located on a quiet residential block in the Baychester section of the Bronx. The site measures approximately 90 ft x 52 ft x 74 ft (±0.11 acres) and is zoned R5, permitting residential construction up to approximately 40 feet (2–4 stories).
Permitted uses include single-family, two-family, or small multifamily development. The zoning allows for basement duplex configurations and potential attic space, and recent basement apartment legislation increases the total buildable square footage to just under 5,000 square feet. The unique triangular lot configuration provides flexibility for either a single wide-facade structure or multiple smaller buildings. The site may also be utilized as a parking facility.
The property is conveniently located near the 5 train, Eastchester Road, I-95, and the Bruckner Expressway, offering strong accessibility. The surrounding area continues to experience residential growth and demand from professionals . Nearby amenities include the Mall at Bay Plaza, Jacobi Medical Center, major retail, dining, and recreational facilities.
This offering represents a compelling opportunity for developers, investors, or end users seeking a well-located development site with meaningful upside. Buyer responsible for all due diligence. Contact for additional information or to schedule a site visit.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 28, 2025 | Listed by Comres Realty Group LLC | $475,000 | |
| Listed by Comres Realty Group LLC | |||
| Nov 19, 2025 | No longer available | - | |
| No longer available | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Price Decreased |
$449,000
↓ $50K
(10%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017