Detached Two-Unit
For Sale
$950,000
1148 E 211th St, Bronx, NY 10469
Finished basement and private driveway add functional space and off-street parking.
Property Size2,104 SF
Lot Size0.05 Acres
Price / SF$451.52
Days on Market98
Property Features for 1148 E 211th St
General Information
Standard status
Active
Size
2,104 SF
Lot size
0.05 Acres
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,051
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
WW Realty Group Inc
Listed By:
Eyal Sagi · License #10311209735
(917) 319-8892
Source:
Exprealty
Added: Jul 30
Changed: Oct 27
Last Checked: Nov 4 at 1:41PM
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 WW Realty Group Inc
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Investment Insights
Based on property information with market context.
This detached duplex includes 2 units with a total of 5 bedrooms and 2.5 bathrooms. The residence also features a fully finished basement that provides additional flexible space for recreation, work, fitness, media, or living purposes. The property was built in 1901 and includes a private driveway for off-street parking.
Located on East 211th Street in the Williamsbridge neighborhood of the Bronx, the property is near local shops, restaurants, schools, parks, and public transportation. Major roadways and transit options are also nearby, providing access throughout the Bronx and beyond. The two-unit configuration, finished basement, and residential setting support a range of owner-occupant or investment-oriented uses stated in the property information.
Located on East 211th Street in the Williamsbridge neighborhood of the Bronx, the property is near local shops, restaurants, schools, parks, and public transportation. Major roadways and transit options are also nearby, providing access throughout the Bronx and beyond. The two-unit configuration, finished basement, and residential setting support a range of owner-occupant or investment-oriented uses stated in the property information.
Key Highlights
- 2‑unit detached duplex with 5 bedrooms and 2.5 bathrooms
- Fully finished basement for recreation, workspace, fitness, media, or living use
- Private driveway provides off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,445
Cap Rate
5.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,068,900
$1.1M
Cap Rate 7%
$763,500
$763.5K
Cap Rate 9%
$593,833
$593.8K
Market Conditions
NOI Build-Up for 2,104 SF
Gross rent
$80.8K $38.40/SF
− Vacancy
−$4.4K −$2.11/SF
EGI
$76.3K $36.29/SF
− OpEx
−$22.9K −$10.89/SF
NOI
$53.4K $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%
$1,068,900
Cap Rate 7%
$763,500
Cap Rate 9%
$593,833
Alternative Uses
Best Use
Multifamily LT 5
$763.5K
$668.1K – $890.8K
NOI $53,445 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$691.4K
$605.0K – $806.7K
NOI $48,400 @ 7.0% cap · market cap 5.09%
Theoretical Best
Warehouse
$1.46M
$1.28M – $1.70M
NOI $102,055 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,521
Businesses Nearby
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Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Finished basement and private driveway add functional space and off-street parking.
Where is this duplex located?
The property is located at 1148 E 211th St Bronx, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2‑unit detached duplex with 5 bedrooms and 2.5 bathrooms; Fully finished basement for recreation, workspace, fitness, media, or living use; Private driveway provides off‑street parking
