Six-Bedroom Duplex
1022 E 232nd Street, Bronx, NY 10466
For Sale
$799,950
Duplex-style home with two eat-in kitchens and a six-bedroom layout.
Property Size2,925 SF
Price / SF$273.49
Days on Market54
Property Features for 1022 E 232nd Street
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Island Advantage Realty LLC
Listed By:
Todd A. Yovino · License #49YO0956714
(631) 351-6000
Source:
Shawmetro
Added: Sep 15
Changed: Oct 31
Last Checked: Nov 6 at 6:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Island Advantage Realty LLC
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Investment Insights
Based on property information with market context.
This duplex-style residential property was built in 1998 and offers 2,925 square feet of building area. The layout includes six bedrooms, two full bathrooms, and two eat-in kitchens, providing a configuration suited to separate living areas within the home.
The property is located at 1022 E 232nd Street in the Bronx, New York. Its bedroom count, paired kitchen arrangement, and duplex-style design define the primary physical features of the offering.
The property is located at 1022 E 232nd Street in the Bronx, New York. Its bedroom count, paired kitchen arrangement, and duplex-style design define the primary physical features of the offering.
Key Highlights
- Six‑bedroom duplex‑style home
- 2,925 square feet of building area
- Two full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,286
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,720
$1.3M
Cap Rate 7%
$961,229
$961.2K
Cap Rate 9%
$747,622
$747.6K
Market Conditions
NOI Build-Up for 2,925 SF
Gross rent
$129.9K $44.40/SF
− Vacancy
−$7.5K −$2.58/SF
EGI
$122.3K $41.82/SF
− OpEx
−$55.1K −$18.82/SF
NOI
$67.3K $23.00/SF
Area
Bronx, NY
Vacancy
5.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,345,720
Cap Rate 7%
$961,229
Cap Rate 9%
$747,622
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$928.8K – $1.24M
NOI $74,300 @ 7.0% cap · market cap 9.29%
Second Best
Apartment 5plus
$961.2K
$841.1K – $1.12M
NOI $67,286 @ 7.0% cap · market cap 8.41%
Theoretical Best
Warehouse
$2.03M
$1.77M – $2.36M
NOI $141,877 @ 7.0% cap · market cap 17.74%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,815
Businesses Nearby
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Business Placement
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bronx, NY
Properties on Market for Duplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex-style home with two eat-in kitchens and a six-bedroom layout.
Where is this duplex located?
The property is located at 1022 E 232nd Street Bronx, NY.
What is the asking price?
The asking price for this property is $799,950.
What are key features of this property?
This property features: Six‑bedroom duplex‑style home; 2,925 square feet of building area; Two full bathrooms
