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Two-Family Duplex with Finished Basement
New
For Sale
$1,200,000

1122 Anderson Avenue, Bronx, NY 10452

R7 zoning and an above-ground oil heating system are among the property's documented features.

Property Size2,900 SF
Days on Market7

Property Features for 1122 Anderson Avenue

General Information

Standard status Active
Size 2,900 SF
Property subtype Duplex
Zoning R7

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,336

Building Details

Building Size 2,900 SF
Year Built 1920
Listing Agency: YourHomeSold Guaranteed Realty
Listed By: Abel Brea
Source: Serhant
Added: Oct 1 Changed: Oct 5 Last Checked: Oct 5 at 8:51PM

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 YourHomeSold Guaranteed Realty

Investment Insights

Based on property information with market context.

This two-family duplex was built in 1920 and includes a finished basement. The heating system is oil-fired and located above ground. The property carries R7 zoning.

A neighboring property is also available for sale. Buyers should verify zoning, permitted uses, and buildable area independently.

Key Highlights

  • Two‑family duplex built in 1920
  • Finished basement
  • R7 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,607
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,412,140 $1.4M
Cap Rate 7%
$1,008,671 $1.0M
Cap Rate 9%
$784,522 $784.5K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$107.9K $37.20/SF
− Vacancy
−$7.0K −$2.42/SF
EGI
$100.9K $34.78/SF
− OpEx
−$30.3K −$10.43/SF
NOI
$70.6K $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%
$1,412,140
Cap Rate 7%
$1,008,671
Cap Rate 9%
$784,522

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$882.6K – $1.18M (±1% cap)
NOI $70,607 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$930.2K
$813.9K – $1.09M (±1% cap)
NOI $65,114 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M (±1% cap)
NOI $102,730 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Acupuncture Kitchen & Bath Showroom Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,140
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - R7 zoning and an above-ground oil heating system are among the property's documented features.
Where is this duplex located?
The property is located at 1122 Anderson Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑family duplex built in 1920; Finished basement; R7 zoning
More about this property
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