Two-Family Residential
1228 Noble Avenue Bronx, NY 10472
1228 Noble Avenue, Bronx, NY, 10472
$839,000
Pending
For Sale
$839,000
Pending
MULTI_FAMILY - Bronx, NY
Property Size1,780 SF
Lot Size0.05 Acres
Days on Market54
Property Features for 1228 Noble Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Driveway
- Standard status
- Pending
- APN
- 03760-0023
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7291
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 2
- Building materials
- Brick
Listing agency
360 Realty Group
(631) 987-7362
Listed by
Georgene Zagarino · License #10401389941
(516) 659-3954
Added: May 30 Updated: Jul 17 at 9:22PM Checked: Jul 22 at 7:06AM
MLS# 1006756
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This legally classified two-family residential property is located in the Soundview section of the Bronx and offers a three-story building layout totaling 1,780 gross square feet. The structure is positioned on a lot zoned R5, providing a straightforward residential configuration within a duplex-style setup.
The property is located at 1228 Noble Avenue, Bronx, NY 10472. It is listed as being just over a tenth of a mile from the St. Lawrence Avenue subway station serving the 6 line, supporting convenient transit access for residents and day-to-day commuting.
As a two-family, the home may appeal to buyers seeking an owner-occupied or multi-residential arrangement, with each unit benefiting from the building’s three-story structure. The property is also indicated as being within Bronx Geographic School District #12, with local zoning referenced for P.S. 047 John Randolph Elementary School. The R5 zoning and duplex format provide a practical foundation for buyers evaluating residential income opportunities within the Bronx’s established neighborhood school and transit corridor.
The property is located at 1228 Noble Avenue, Bronx, NY 10472. It is listed as being just over a tenth of a mile from the St. Lawrence Avenue subway station serving the 6 line, supporting convenient transit access for residents and day-to-day commuting.
As a two-family, the home may appeal to buyers seeking an owner-occupied or multi-residential arrangement, with each unit benefiting from the building’s three-story structure. The property is also indicated as being within Bronx Geographic School District #12, with local zoning referenced for P.S. 047 John Randolph Elementary School. The R5 zoning and duplex format provide a practical foundation for buyers evaluating residential income opportunities within the Bronx’s established neighborhood school and transit corridor.
Key Highlights
- Legally classified two‑family residential property in the Soundview section of the Bronx
- Brick construction with 1,780 gross square feet across three stories
- R5 zoning; located just over 0.1 miles from the St. Lawrence Avenue subway station (6 line)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $38.40 |
| − Vacancy | −$3.8k | −$2.11 |
| EGI | $64.6k | $36.29 |
| − OpEx | −$19.4k | −$10.89 |
| NOI | $45.2k | $25.40 |
1,780 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$645.9K
$565.2K – $753.6K
NOI $45,215 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$584.9K
$511.8K – $682.4K
NOI $40,946 @ 7.0% cap · market cap 4.88%
Theoretical Best
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,339 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Legally classified two-family home in Soundview with three-story layout and transit access near the 6 line.
Where is this duplex located?
The property is located at 1228 Noble Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Legally classified two‑family residential property in the Soundview section of the Bronx; Brick construction with 1,780 gross square feet across three stories; R5 zoning; located just over 0.1 miles from the St. Lawrence Avenue subway station (6 line)
