Renovated Three-Story
1024 E 226th Street, Bronx, NY 10466
For Sale
$1,149,000
Residential Income, Bronx, NY
Property Size2,200 SF
Lot Size0.06 Acres
Price / SF$522.27
Days on Market55
Property Features for 1024 E 226th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Basement
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Building materials
Buildings
Listing Agency:
Keystone Realty USA Corp
(631) 261-2800
Listed By:
Gabriel Kashi · License #10401217533
(347) 419-5268
Added: Sep 16
Changed: Nov 6
Last Checked: Nov 9 at 8:06AM
MLS# 1051785
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.
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Investment Insights
Based on property information with market context.
This detached three-story brick duplex in Bronx offers over 2,200 square feet of living space on a 0.0626-acre lot. The property includes multiple bedroom configurations, open living and dining areas, renovated kitchens with granite counters and stainless steel appliances, and tiled bathrooms. Interior improvements include wide oak flooring, recessed lighting, updated doors and moldings, new electrical and plumbing systems, forced-air heating, and energy-efficient split-unit central air. A first-floor bedroom and full bath add flexibility, while washer/dryer hookups are also provided.
The property has a wide driveway and access to public water and public sewer. It is positioned near Laconia Avenue, Paulding Avenue, East 222nd Street, and Bronxwood Avenue, with schools, shopping centers, restaurants, cafes, parks, and public transportation in the surrounding area.
The property has a wide driveway and access to public water and public sewer. It is positioned near Laconia Avenue, Paulding Avenue, East 222nd Street, and Bronxwood Avenue, with schools, shopping centers, restaurants, cafes, parks, and public transportation in the surrounding area.
Key Highlights
- Over 2,200/sq ft of living space on a 0.0626‑acre lot
- Detached three‑story brick construction built in 1940
- Renovated kitchens with granite counters and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,884
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,680
$1.1M
Cap Rate 7%
$798,343
$798.3K
Cap Rate 9%
$620,933
$620.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$84.5K $38.40/SF
− Vacancy
−$4.6K −$2.11/SF
EGI
$79.8K $36.29/SF
− OpEx
−$24.0K −$10.89/SF
NOI
$55.9K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,680
Cap Rate 7%
$798,343
Cap Rate 9%
$620,933
Alternative Uses
Best Use
Multifamily LT 5
$798.3K
$698.6K – $931.4K
NOI $55,884 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$723.0K
$632.6K – $843.5K
NOI $50,608 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.05M
$918.5K – $1.22M
NOI $73,480 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,500
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 - Detached brick property with updated interiors, driveway parking, and separate living areas across three levels.
Where is this duplex located?
The property is located at 1024 E 226th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Over 2,200/sq ft of living space on a 0.0626‑acre lot; Detached three‑story brick construction built in 1940; Renovated kitchens with granite counters and stainless steel appliances
