3-Unit Brick
For Sale
$1,100,000
Pending
1062 Woodycrest Avenue, Bronx, NY 10452
The vacant property includes two duplex apartments, a one-bedroom unit, and two parking spaces.
Property Size3,144 SF
Days on Market14
Property Features for 1062 Woodycrest Avenue
General Information
Standard status
Pending
Size
3,144 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/1.5BA duplex, 1 x 2BR/1BA duplex, 1 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,312
Amenities
gated front yard
enclosed backyard
4
No
6
Original Details
Back Yard,Front Yard
Public
2
Parking Lot, Shared Driveway
Awning(s),Mailbox
3144
Building Details
Building Size
3,144 SF
Year Built
1997
Buildings
1
Construction
brick
Listing Agency:
(516) 703-2918
Listed By:
Aman Deep Sabharwal
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 31
Last Checked: Nov 3 at 7:34AM
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 Aman Deep Sabharwal
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Investment Insights
Based on property information with market context.
This 3,144-square-foot brick property contains three apartments: a three-bedroom duplex with one full and one half bath, a two-bedroom duplex with one bath, and a one-bedroom unit with one bath. The building has a recently replaced roof and an updated water heater.
Exterior features include a gated front yard, an enclosed backyard, decorative window awnings, and two parking spaces. The property is delivered vacant.
Exterior features include a gated front yard, an enclosed backyard, decorative window awnings, and two parking spaces. The property is delivered vacant.
Key Highlights
- 3,144‑square‑foot brick property with three apartments
- Three‑bedroom duplex with one full bath and one half bath
- Two‑bedroom duplex with one bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,548
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,960
$1.5M
Cap Rate 7%
$1,093,543
$1.1M
Cap Rate 9%
$850,533
$850.5K
Market Conditions
NOI Build-Up for 3,144 SF
Gross rent
$117.0K $37.20/SF
− Vacancy
−$7.6K −$2.42/SF
EGI
$109.4K $34.78/SF
− OpEx
−$32.8K −$10.43/SF
NOI
$76.5K $24.35/SF
Area
ZIP 10452
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,530,960
Cap Rate 7%
$1,093,543
Cap Rate 9%
$850,533
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$956.9K – $1.28M
NOI $76,548 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$1.01M
$882.4K – $1.18M
NOI $70,593 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,373 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
4,222
Businesses Nearby
Explore this area
Business Placement
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The vacant property includes two duplex apartments, a one-bedroom unit, and two parking spaces.
Where is this triplex located?
The property is located at 1062 Woodycrest Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,144‑square‑foot brick property with three apartments; Three‑bedroom duplex with one full bath and one half bath; Two‑bedroom duplex with one bath
