Two-Family Home with Finished
276 Revere Avenue Bronx, NY 10465
276 Revere Avenue, Bronx, NY, 10465
$850,000
Pending
For Sale
$850,000
Pending
MULTI_FAMILY - Bronx, NY
Property Size1,600 SF
Days on Market78
Property Features for 276 Revere Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
- Parking
- 1
- Parking features
- Driveway
- Interior features
- Ceiling Fan(s), Storage
- Basement
- Full, Finished, Storage Space, Walk-Out Access
- Standard status
- Pending
- APN
- 05589-0037
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6518
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 2
- Flooring type
- Wood
- Building materials
- Brick, Vinyl Siding
- Additional Structures
- Storage
Listing agency
RE/MAX Distinguished Hms.&Prop
(914) 346-8255
Listed by
Walter F. Sarmiento · License #10301205363
(914) 704-9677
Added: May 6 Updated: Jul 17 at 9:21PM Checked: Jul 22 at 11:06PM
MLS# 998393
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 well-maintained two-unit home offers a practical layout with a spacious 2-bedroom apartment over a 1-bedroom apartment. The property also includes a full finished basement with a separate entrance, adding independent functionality to the overall configuration. Inside the lower level, you’ll find a dedicated laundry area along with additional storage space.
Recent updates were completed a few years ago, bringing modern comfort while preserving the home’s welcoming character. A sun-screened back porch overlooks a quaint backyard, providing an outdoor space for relaxing or entertaining.
The combination of an upper two-bedroom unit and a separate, finished lower level supports a variety of ownership goals, whether you plan to live on one level and rent the other or manage the home as a residential income property. With convenient access to shopping, dining, schools, transportation, and major highways, the home is positioned to meet day-to-day needs for tenants and owner-occupants alike.
Recent updates were completed a few years ago, bringing modern comfort while preserving the home’s welcoming character. A sun-screened back porch overlooks a quaint backyard, providing an outdoor space for relaxing or entertaining.
The combination of an upper two-bedroom unit and a separate, finished lower level supports a variety of ownership goals, whether you plan to live on one level and rent the other or manage the home as a residential income property. With convenient access to shopping, dining, schools, transportation, and major highways, the home is positioned to meet day-to-day needs for tenants and owner-occupants alike.
Key Highlights
- Two‑family home with a 2‑bedroom apartment over a 1‑bedroom apartment
- Approximately 1,600 SF of living space plus a full finished basement with separate entrance
- Basement offers dedicated laundry area and additional storage space
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 | $61.4k | $38.40 |
| − Vacancy | −$3.4k | −$2.11 |
| EGI | $58.1k | $36.29 |
| − OpEx | −$17.4k | −$10.89 |
| NOI | $40.6k | $25.40 |
1,600 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$580.6K
$508.0K – $677.4K
NOI $40,643 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$525.8K
$460.1K – $613.4K
NOI $36,806 @ 7.0% cap · market cap 4.33%
Theoretical Best
Warehouse
$1.11M
$970.1K – $1.29M
NOI $77,608 @ 7.0% cap · market cap 9.13%
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 - Updated two-unit residence with a finished basement, laundry area, and separate entrance for flexible living or renting.
Where is this duplex located?
The property is located at 276 Revere Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family home with a 2‑bedroom apartment over a 1‑bedroom apartment; Approximately 1,600 SF of living space plus a full finished basement with separate entrance; Basement offers dedicated laundry area and additional storage space
