Renovated Duplex Residence with
111 Horizon Court, Bronx, NY 10473
Multi-Unit (2-4), Duplex - Bronx, NY
Property size:
2,400 SFLot size:
0.03 AcresPrice / SF:
$381/SF- Added:
- Jun 8, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 24 at 4:06 am
Property Features for 111 Horizon Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Dining Room, Family Room, Gym, Living Room
- Parking features
- Garage
- Interior features
- Walk-in Closet
- Exterior features
- Pool Building
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer
- Standard status
- Active
- APN
- 000000-000.000-3436-159.000
- Size
- 2,400 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
- Expense value
- 680
- Expense
- Home Owner Assessments Fee
Utilities
- Heating system
- Baseboard, Natural Gas
- Water front features
- Waterfront
- Water front
- 1
Building Details
- Year built
- 2014
- Year renovated
- 2014
- Floors in Building
- 3
- Flooring type
- Laminate, Tile
- Architectural style
- Other
Listing agent Hairo Matos (929) 900-5440
Listing office MATOS HOMES REALTY CORP 635 NEW JERSEY AVE, BROOKLYN, NY
Listing date Jun 8, 2026
MLS# 11802774
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
- Two‑family home built in 2014 in a private gated community directly across from the Soundview Ferry Terminal
- Vacant duplex unit with 3.5 bedrooms and 2 bathrooms across two levels with direct access to a private backyard
- Second unit is a vacant 2‑bedroom apartment, providing immediate rental income
- Interior features include a walk‑in closet; flooring includes laminate and tile
- Heating is baseboard with natural gas; appliances include dishwasher, washer, dryer, and refrigerator
- Garage parking plus waterfront location; property exterior includes a pool building
Overview
This beautifully renovated two-family home was built in 2014 and is offered as a duplex-style residence within a private gated community. One vacant duplex unit features 3.5 bedrooms and 2 bathrooms spread across two levels, with direct access to a private backyard for everyday living and outdoor use. A second vacant unit is a well-maintained 2-bedroom apartment, providing a straightforward layout for an owner-occupant or investor. The community includes assigned parking, and residents also have access to a private clubhouse, with a security booth noted as soon to be built for visitor management.
The property is located at 111 Horizon Court in the Bronx and is described as being directly across from the Soundview Ferry Terminal, supporting convenient access for commuting. It’s positioned in the growing Soundview waterfront area, with proximity referenced to parks, shopping, schools, and the ferry.
With both units currently vacant, this property can suit an owner-occupant seeking one unit for personal use while renting the other, or an investor looking for a turn-ready two-unit setup. The combination of updated interiors, two distinct unit configurations, assigned parking, and private outdoor space makes it practical for a range of residential income and lifestyle needs.
The property is located at 111 Horizon Court in the Bronx and is described as being directly across from the Soundview Ferry Terminal, supporting convenient access for commuting. It’s positioned in the growing Soundview waterfront area, with proximity referenced to parks, shopping, schools, and the ferry.
With both units currently vacant, this property can suit an owner-occupant seeking one unit for personal use while renting the other, or an investor looking for a turn-ready two-unit setup. The combination of updated interiors, two distinct unit configurations, assigned parking, and private outdoor space makes it practical for a range of residential income and lifestyle needs.
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 | $92.2k | $38.40 |
| − Vacancy | −$5.1k | −$2.11 |
| EGI | $87.1k | $36.29 |
| − OpEx | −$26.1k | −$10.89 |
| NOI | $61.0k | $25.40 |
2,400 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$870.9K
$762.1K – $1.02M
NOI $60,964 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$788.7K
$690.1K – $920.2K
NOI $55,209 @ 7.0% cap · market cap 6.03%
Theoretical Best
Warehouse
$1.66M
$1.46M – $1.94M
NOI $116,412 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.850681
- Latitude
- 40.806983
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Renovated two-family duplex in a gated community with assigned parking and direct private backyard access.
Where is this duplex located?
The property is located at 111 Horizon Court Bronx, NY.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Two‑family home built in 2014 in a private gated community directly across from the Soundview Ferry Terminal; Vacant duplex unit with 3.5 bedrooms and 2 bathrooms across two levels with direct access to a private backyard; Second unit is a vacant 2‑bedroom apartment, providing immediate rental income
