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Two-Unit Residential Income Property

3682 Harper Avenue Bronx, NY 10466

3682 Harper Avenue, Bronx, NY, 10466
$950,000
For Sale
Claim this Listing
$950,000

MULTI_FAMILY - Bronx, NY

Property Size2,600 SF
Lot Size0.07 Acres
Price / SF$365.38
AddedMay 21
Days on Market55
Last RefreshJul 14 at 4:06 pm

Property Features for 3682 Harper Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Basement, Bathroom 1, Dining Room, Bedroom 1
Parking
1
Parking features
Driveway, Off Street
Interior features
Ceiling Fan(s), Formal Dining, Natural Woodwork, Pantry, Recessed Lighting, Smart Thermostat, Storage, Washer/Dryer Hookup
Fencing
Fenced
Basement
Full, Finished, Walk-Out Access
Standard status
Active
APN
04943-0045
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
7929

Utilities

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

Building Details

Year built
1925
Number of units
2
Flooring type
Wood, Tile
Building materials
Shingle Siding
Additional Structures
Storage

Listing agent Nadine Lajeunesse

Listing office Real Broker NY LLC 401 Park Ave. South, 10th Fl, New York, NY

Listing date May 21, 2026

MLS# 1003233 Listing URL

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-family residence was built in 1925 and is arranged as two separate living units. The first-floor unit includes 2 bedrooms and 1 full bathroom. The second-floor unit includes 4 bedrooms and 1 full bathroom. The property is described as long-term owner-occupied and maintained, reflecting consistent care across both units.

Located in the Edenwald neighborhood of the Northeast Bronx, the home is described as just three blocks from a subway station. It is also positioned about one-half mile from the Westchester County border, with convenient access mentioned to Pelham Manor, New Rochelle, Bay Plaza shopping and dining, Seton Falls Park, major highways, and public transportation.

Key Highlights

  • Two‑family home built in 1925 with approximately 2,600 SF across two units
  • First‑floor unit: 2 bedrooms and 1 full bath
  • Second‑floor unit: 4 bedrooms and 1 full bath

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 $99.8k $38.40
− Vacancy −$5.5k −$2.11
EGI $94.3k $36.29
− OpEx −$28.3k −$10.89
NOI $66.0k $25.40
2,600 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$943.5K
$825.6K – $1.10M (±1% cap)
NOI $66,044 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$854.4K
$747.6K – $996.8K (±1% cap)
NOI $59,809 @ 7.0% cap · market cap 6.30%
Theoretical Best
Warehouse
$1.80M
$1.58M – $2.10M (±1% cap)
NOI $126,113 @ 7.0% cap · market cap 13.28%
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

Law Firm Real Estate Agency Spa & Massage Center Dental Office Skin Care Clinic Parking Lot & Garage Hair Salon Gym & Fitness Center Accounting Firm Cafe & Coffee Shop

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

FAQs

What type of property is this?
Duplex - Well-maintained 1925 two-family home with 2-bed/1-bath and 4-bed/1-bath units near the subway.
Where is this duplex located?
The property is located at 3682 Harper Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family home built in 1925 with approximately 2,600 SF across two units; First‑floor unit: 2 bedrooms and 1 full bath; Second‑floor unit: 4 bedrooms and 1 full bath
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More about this property
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