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1811 Parkview Avenue, Bronx, NY, 10461
Detached Two-Family Residence

1811 Parkview Avenue Bronx, NY 10461

For Sale
Under Contract
$748,000

MULTI_FAMILY - Bronx, NY

Property Size1,750 SF
Lot Size0.06 Acres
Price / SF$427.43
Days on Market111

Property Features for 1811 Parkview Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Laundry Room
Standard status
Active Under Contract
Size
1,750 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
6393

Utilities

Heating system
Natural Gas, Hot Water(Heating)
Water source
Public

Building Details

Year built
1925
Floors in Building
2
Listing Agency: NY SUPERIOR REALTY
Listed By: Nora Avalos
Added: Apr 7 Changed: Jul 11 Last Checked: Jul 26 at 11:06AM
MLS# 11688413

Copyright © 2026 My State 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.

Detached two-family residence offered for sale at 1811 Parkview Avenue in the Bronx. The home is configured as two separate living units, each with a living room/dining room combination and a full kitchen. In total, the property features four bedrooms and three full bathrooms, with an additional full finished basement that includes laundry and a dedicated boiler room. This layout provides both everyday living space and added flexible area for recreation or storage.

The property is described as conveniently located near public transportation, with access to nearby bus lines including Bx4, Bx4A, Bx39, and BxM6. The detached design contributes to a self-contained residential feel.

This is a practical fit for buyers seeking a multi-family home where one unit can be owner-occupied while the other supports household income, or for investors looking for a straightforward two-unit setup. The presence of in-home laundry and a finished basement can be useful for tenant day-to-day convenience and additional usable space. The building’s two-unit kitchen and living/dining layouts are suited to tenants who want self-contained living rather than shared common areas.

Key Highlights

  • Detached 2‑family home built in 1925
  • 4 bedrooms and 3 full bathrooms with a living room/dining room combo and full kitchen per unit
  • Full finished basement with laundry and a boiler room

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 $67.2k $38.40
− Vacancy −$3.7k −$2.11
EGI $63.5k $36.29
− OpEx −$19.1k −$10.89
NOI $44.5k $25.40
1,750 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$635.0K
$555.7K – $740.9K (±1% cap)
NOI $44,453 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$575.1K
$503.2K – $670.9K (±1% cap)
NOI $40,256 @ 7.0% cap · market cap 5.38%
Theoretical Best
Warehouse
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,884 @ 7.0% cap · market cap 11.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Clothing & Fashion Store Travel Agency Tech Support Center Carpet & Flooring Store Cafe & Coffee Shop Bed & Breakfast Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family home with four bedrooms, three baths, and a finished basement with laundry and boiler room.
Where is this duplex located?
The property is located at 1811 Parkview Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $748,000.
What are key features of this property?
This property features: Detached 2‑family home built in 1925; 4 bedrooms and 3 full bathrooms with a living room/dining room combo and full kitchen per unit; Full finished basement with laundry and a boiler room
More about this property
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