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2853 Ely Avenue #3
About This Property
This beautifully maintained 3-bedroom, 2-bath condo offers the perfect blend of modern comfort and convenience. The open-concept living and dining area features vaulted ceilings, a heat/cool ceiling fan, and pre-finished light oak floors that create a warm, inviting atmosphere. Enjoy fresh air from your Juliet balcony, or relax in the sun-filled primary suite complete with a built-in closet, en suite bath, and access to a large rear balcony-perfect for your morning coffee or evening unwind.
The updated modern kitchen showcases soft-close dark oak cabinets with a lazy Susan, a large solid-surface synthetic countertop, recessed stainless steel sink, and brand-new stainless steel appliances. Thoughtful details like LED dimmable lighting and ceramic-tiled baths with stone-top sinks add a touch of elegance throughout.
Additional highlights include:
Washer & dryer in unit
Wall A/C units for comfort
Gas heat & hot water
Private 1-car garage + parking space
Well-kept grassy community area ideal for entertaining
NYC tax abatement for added savings
Conveniently located near major highways, retail shops, and public transportation, this home delivers modern living in a prime Bronx location.
Contact Joseph Cosentino of Morris Park Realty Group today for a private tour!
O) | MorrisParkRealtyGroup
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/28/2025
|
3 Bed
|
2 Bath
|
1056 ft²
|
$465,000
3 Bed
2 Bath
1056 ft²
|
$465,000
01/22/2026
|
Joseph Cosentino
Westchester Realty Consultants
| |
|
04/01/2017
|
3 Bed
|
2 Bath
|
1055 ft²
|
$349,000
3 Bed
2 Bath
1055 ft²
|
$342,500
-1.86%
07/31/2017
|
Nareema Baksh
Nareema Baksh Real Estate
| |
|
02/16/2013
|
2 Bed
|
1 Bath
|
800 ft²
|
$237,500
2 Bed
1 Bath
800 ft²
|
$237,500
10/30/2013
|
Gregory Tsougranis
Keller Williams Realty NYC Grp
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017