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    Bronx Two-Family Home For Sale Title is generated by Realmo AI

    621 Faile St, Bronx, NY 10474

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    Claim this Listing
    For Sale
    $900,000

    Multi-Unit (2-4) - Bronx, NY

    Property size:
    2,296 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $391/SF
    Added:
    Mar 10, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 10 at 9:06 am

    Property Features for 621 Faile St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    APN
    000000-000.000-2766-026.000
    Size
    2,296 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Year built
    1910
    Year renovated
    1910
    Architectural style
    Other

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    Listing Contact
    Abraham Mathew
    Abraham Mathew

    Listing agent Abraham Mathew

    Listing office CENTURY 21 DAWNS GOLD 646 TUCKAHOE RD, YONKERS, NY

    Listing date Mar 10, 2026

    MLS# 11669558 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

    • Legal 2‑Family Home: Ideal for homeowners and investors alike.
    • First Floor Apartment: Features 3 bedrooms.
    • Open Concept Living: Combines living room and dining area.
    • Modern Kitchen: Includes breakfast area, granite countertops, and stainless steel appliances.
    • Garage: Offers convenient parking.
    • Established Property: Built in 1910.

    Overview

    This legal two-family home in Bronx, NY, presents an opportunity for both end-users and investors. The property includes a first-floor apartment featuring three bedrooms, an open-concept living room and dining area, and an open-concept kitchen equipped with a breakfast area, granite countertops, and stainless steel appliances. The property size is 2296 square feet and the lot size is 0.06 acres.

    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 $88.2k $38.40
    − Vacancy −$4.8k −$2.11
    EGI $83.3k $36.29
    − OpEx −$25.0k −$10.89
    NOI $58.3k $25.40
    2,296 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $833.2K
    $729.0K – $972.0K (±1% cap)
    NOI $58,322 @ 7.0% cap · market cap 6.48%
    Second Best
    Apartment 5plus
    $754.5K
    $660.2K – $880.3K (±1% cap)
    NOI $52,816 @ 7.0% cap · market cap 5.87%
    Theoretical Best
    Warehouse
    $1.59M
    $1.39M – $1.86M (±1% cap)
    NOI $111,368 @ 7.0% cap · market cap 12.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.886313
    Latitude
    40.812815

    FAQs

    What type of property is this?
    Duplex - Legal two-family home suitable for end-users and investors.
    Where is this duplex located?
    The property is located at 621 Faile St Bronx, NY.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Legal 2‑Family Home: Ideal for homeowners and investors alike.; First Floor Apartment: Features 3 bedrooms.; Open Concept Living: Combines living room and dining area.
    More about this property
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