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Vacant Two-Family Residence

2876 Harrington Avenue Bronx, NY 10461

2876 Harrington Avenue, Bronx, NY, 10461
$969,000
Pending
For Sale
$969,000
Pending

MULTI_FAMILY - Bronx, NY

Property Size2,280 SF
Lot Size0.05 Acres
Days on Market64

Property Features for 2876 Harrington Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2
Parking features
Driveway
Interior features
Storage, Washer/Dryer Hookup
Basement
Finished, Full
Standard status
Pending
APN
05376-0012
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8208

Utilities

Sewer type
Public Sewer
Heating system
Oil, Radiant
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1940
Number of units
2
Building materials
Brick
Additional Structures
Storage
Listing agency Corcoran Legends Realty
Listed by Brittany Perpepaj · License #10401395426 (NY)
Added: May 21 Updated: Jul 17 at 9:21PM Checked: Jul 23 at 7:06AM
MLS# 1008066

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.

A vacant, legal two-family residence offering two separate 3-bedroom units. The first-floor unit includes 3 bedrooms, an updated full bathroom, an updated kitchen, living space, and in-unit laundry, along with access to a private balcony/terrace. The second-floor unit also features 3 bedrooms, an updated full bathroom, an updated kitchen, living space, in-unit laundry, and a spacious primary bedroom with an attached bonus room/walk-in closet, with balcony/terrace access as well.

The home includes a finished basement with interior access through the first-floor unit and separate exterior access, providing additional flexibility for storage or other household use. A 1-car garage with storage is also part of the property. The listing notes a convenient setting near transportation, shopping, dining, schools, and major highways.

Delivered vacant, this property is well suited for an owner-occupant who wants rental income from a second unit, or for buyers seeking a straightforward two-family configuration for end-user use or future tenancy. The presence of in-unit laundry on both floors and terrace access from each unit are practical features for day-to-day living.

Key Highlights

  • Legal two‑family home with approximately 2,280 sqft of living space (vacant at delivery).
  • First‑floor unit: 3 bedrooms, updated kitchen and full bath, living space, in‑unit washer/dryer hookup, private balcony/terrace access.
  • Second‑floor unit: 3 bedrooms, updated full bath and kitchen, living space, in‑unit washer/dryer hookup, primary bedroom plus attached bonus room/walk‑in closet.

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 $87.6k $38.40
− Vacancy −$4.8k −$2.11
EGI $82.7k $36.29
− OpEx −$24.8k −$10.89
NOI $57.9k $25.40
2,280 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$827.4K
$724.0K – $965.3K (±1% cap)
NOI $57,916 @ 7.0% cap · market cap 5.98%
Second Best
Apartment 5plus
$749.3K
$655.6K – $874.1K (±1% cap)
NOI $52,448 @ 7.0% cap · market cap 5.41%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,592 @ 7.0% cap · market cap 11.41%
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

Parking Lot & Garage Clothing & Fashion Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Travel Agency Tech Support Center Carpet & Flooring Store Acupuncture Restaurant

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

FAQs

What type of property is this?
Duplex - Well-maintained legal two-family home with two 3-bedroom units, in-unit laundry, terraces, a finished basement, and garage.
Where is this duplex located?
The property is located at 2876 Harrington Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $969,000.
What are key features of this property?
This property features: Legal two‑family home with approximately 2,280 sqft of living space (vacant at delivery).; First‑floor unit: 3 bedrooms, updated kitchen and full bath, living space, in‑unit washer/dryer hookup, private balcony/terrace access.; Second‑floor unit: 3 bedrooms, updated full bath and kitchen, living space, in‑unit washer/dryer hookup, primary bedroom plus attached bonus room/walk‑in closet.
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