Vacant Duplex With Private
For Sale
$830,000
Pending
1039 Calhoun Ave The, Bronx, NY 10465
Separate upper and walk-in residences share outdoor space and driveway parking.
Property Size2,160 SF
Days on Market170
Property Features for 1039 Calhoun Ave The
General Information
Standard status
Pending
Size
2,160 SF
Property subtype
Investment
Units
Unit Mix
1 x 3BR, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,319
Amenities
backyard
patio area
shed
private porch
driveway parking
Building Details
Building Size
2,160 SF
Year Built
1930
Buildings
1
Units
2
Listing Agency:
Keller Williams Realty Group
Listed By:
Vincent Rinaldi · License #10401361917
(646) 533-3920
Source:
Elliman
Added: Apr 28
Changed: Oct 4
Last Checked: Oct 12 at 7:34PM
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 Keller Williams Realty Group
Investment Insights
Based on property information with market context.
This duplex property includes an upper-level three-bedroom residence arranged across two floors, with a dining room and two full bathrooms. A private porch extends from the kitchen toward the rear yard, which includes a patio and shed. The walk-in apartment provides one bedroom and direct access to the backyard. Driveway parking is included, and the property will be delivered vacant.
Located at 1039 Calhoun Ave in The Bronx, the property was built in 1930. WalkScore is 89, BikeScore is 88, and TransitScore is 92, placing the address within a highly walkable, bike-friendly, and transit-accessible setting.
Located at 1039 Calhoun Ave in The Bronx, the property was built in 1930. WalkScore is 89, BikeScore is 88, and TransitScore is 92, placing the address within a highly walkable, bike-friendly, and transit-accessible setting.
Key Highlights
- Upper residence is a three‑bedroom duplex with a dining room and two full bathrooms
- Separate walk‑in apartment includes one bedroom and backyard access
- Private porch connects the kitchen to the backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,867
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,097,340
$1.1M
Cap Rate 7%
$783,814
$783.8K
Cap Rate 9%
$609,633
$609.6K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$82.9K $38.40/SF
− Vacancy
−$4.6K −$2.11/SF
EGI
$78.4K $36.29/SF
− OpEx
−$23.5K −$10.89/SF
NOI
$54.9K $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%
$1,097,340
Cap Rate 7%
$783,814
Cap Rate 9%
$609,633
Alternative Uses
Best Use
Multifamily LT 5
$783.8K
$685.8K – $914.5K
NOI $54,867 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$709.8K
$621.1K – $828.1K
NOI $49,688 @ 7.0% cap · market cap 5.99%
Theoretical Best
Warehouse
$1.50M
$1.31M – $1.75M
NOI $104,771 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,648
Businesses Nearby
Explore this area
Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate upper and walk-in residences share outdoor space and driveway parking.
Where is this duplex located?
The property is located at 1039 Calhoun Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Upper residence is a three‑bedroom duplex with a dining room and two full bathrooms; Separate walk‑in apartment includes one bedroom and backyard access; Private porch connects the kitchen to the backyard
