Vacant 2-Family Home,
4222 Carpenter Ave, Bronx, NY 10466
- Added:
- Jun 22, 2025
- Days on Market:
- 346
- Last Refresh:
- Jun 2 at 8:06 am
Property Features for 4222 Carpenter Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
- Parking features
- Garage, Garage - Detached, Underground/Basement
- Basement Y/N
- 1
- Appliances
- Refrigerator
- Standard status
- Active
- Size
- 2,470 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Utilities
- Heating system
- Natural Gas
Building Details
- Year built
- 1930
- Year renovated
- 1930
- Floors in Building
- 2
- Architectural style
- Other
Listing agent Lissette Ramirez (718) 367-0371
Listing office RAMIREZ LISSETTE M 2912 ocean ave, RONKONKOMA, NY
Listing date Jun 22, 2025
MLS# 11506991
Listing URL
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.
HighLights
- Fully vacant 2‑family home: Offers immediate occupancy, renovation, or rental income potential.
- Detached garage: Provides private parking and additional storage, a rare feature in the Bronx.
- Prime location: Near Metro‑North and Bronx River Parkway for easy commuting.
- Finished basement with separate entrance: Ideal for recreation, extended living space, or a home office.
- Valuable corner lot: Enhances property value and appeal.
- Spacious 12 rooms: Offers versatile living arrangements for homeowners or renters.
Overview
This is a detached 2-family home situated on a corner lot. The property contains a total of 12 rooms. The home includes a private balcony and a fully finished basement with a separate entrance, suitable for recreation, extended living space, a home office, or additional storage. The property also features a detached garage. Located near major transportation and approximately 5 minutes from Metro-North, the property offers access to the Bronx River Parkway. The property contains 2470 square feet. Both units are fully vacant and move-in ready, giving buyers the flexibility to immediately occupy, renovate, or maximize rental income at current market rates. The property is located in the Bronx, NY.
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 | $94.8k | $38.40 |
| − Vacancy | −$5.2k | −$2.11 |
| EGI | $89.6k | $36.29 |
| − OpEx | −$26.9k | −$10.89 |
| NOI | $62.7k | $25.40 |
2,470 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$896.3K
$784.3K – $1.05M
NOI $62,742 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$811.7K
$710.2K – $947.0K
NOI $56,819 @ 7.0% cap · market cap 6.12%
Theoretical Best
Warehouse
$1.71M
$1.50M – $2.00M
NOI $119,808 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.859618
- Latitude
- 40.894918
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully vacant 2-family home in a desirable Bronx neighborhood.
Where is this duplex located?
The property is located at 4222 Carpenter Ave Bronx, NY.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: Fully vacant 2‑family home: Offers immediate occupancy, renovation, or rental income potential.; Detached garage: Provides private parking and additional storage, a rare feature in the Bronx.; Prime location: Near Metro‑North and Bronx River Parkway for easy commuting.
