Duplex with Private
New
For Sale
$833,000
111 Horizon Ct, Bronx, NY 10473
Residential Income, Bronx, NY
Property Size2,400 SF
Lot Size0.03 Acres
Price / SF$347.08
Days on Market1
Property Features for 111 Horizon Ct
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 6
Interior features
Walk-In Closet(s)
View
Harbor
High school district
000000
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
6745
HOA Fee
$680 Monthly
Utilities
Heating system
Natural Gas, Baseboard
Water source
Public
Water front
1
Amenities
assigned parking
gated complex
private clubhouse
Building Details
Year built
2014
Floors in Building
3
Flooring type
Tile, Laminate
Architectural style
Other
Listing Agency:
MATOS HOMES REALTY CORP
Listed By:
Hairo Matos
(718) 324-6060
Added: Oct 14
Last Checked: Oct 14 at 5:06PM
MLS# 12025812
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.
Investment Insights
Based on property information with market context.
This 2,400-square-foot duplex, built in 2014, contains two vacant residences. The larger unit spans two levels and includes 3.5 bedrooms, two bathrooms, and access to a private backyard. The second residence is a two-bedroom apartment. Tile and laminate flooring, a walk-in closet, and natural gas baseboard heat are among the interior features.
The property is in a gated community across from the Soundview Ferry Terminal, with ferry service providing access to Manhattan. Community amenities include assigned parking and a private clubhouse. The lot measures 0.03 acres.
The property is in a gated community across from the Soundview Ferry Terminal, with ferry service providing access to Manhattan. Community amenities include assigned parking and a private clubhouse. The lot measures 0.03 acres.
Key Highlights
- Two vacant residences: a two‑level 3.5‑bedroom unit and a separate 2‑bedroom apartment
- 2,400‑square‑foot duplex built in 2014
- Larger unit has 2 bathrooms and access to a private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,964
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,280
$1.2M
Cap Rate 7%
$870,914
$870.9K
Cap Rate 9%
$677,378
$677.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$92.2K $38.40/SF
− Vacancy
−$5.1K −$2.11/SF
EGI
$87.1K $36.29/SF
− OpEx
−$26.1K −$10.89/SF
NOI
$61.0K $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%
$1,219,280
Cap Rate 7%
$870,914
Cap Rate 9%
$677,378
Alternative Uses
Best Use
Multifamily LT 5
$870.9K
$762.1K – $1.02M
NOI $60,964 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$788.7K
$690.1K – $920.2K
NOI $55,209 @ 7.0% cap · market cap 6.63%
Theoretical Best
Warehouse
$1.66M
$1.46M – $1.94M
NOI $116,412 @ 7.0% cap · market cap 13.98%
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
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
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 - Two vacant residences sit within a gated community opposite the Soundview Ferry Terminal.
Where is this duplex located?
The property is located at 111 Horizon Ct Bronx, NY.
What is the asking price?
The asking price for this property is $833,000.
What are key features of this property?
This property features: Two vacant residences: a two‑level 3.5‑bedroom unit and a separate 2‑bedroom apartment; 2,400‑square‑foot duplex built in 2014; Larger unit has 2 bathrooms and access to a private backyard
