Detached Two-Unit
New
For Sale
$950,000
1148 E 211th Street, Bronx, NY 10469
Finished basement and private driveway add functional space and off-street parking.
Property Size1,851 SF
Lot Size0.05 Acres
Price / SF$513.24
Days on Market7
Property Features for 1148 E 211th Street
General Information
Standard status
Active
Size
1,851 SF
Lot size
0.05 Acres
Property subtype
Duplex
Building Details
Building Size
1,851 SF
Year Built
1901
Buildings
1
Tenancy
Multi
Listing Agency:
WW Realty Group Inc
(917) 319-8892
Listed By:
Eyal Sagi
Source:
Shawmetro
Added: Jul 26
Changed: Jul 31
Last Checked: Jul 31 at 10:25AM
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
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 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 | $71.1k | $38.40 |
| − Vacancy | −$3.9k | −$2.11 |
| EGI | $67.2k | $36.29 |
| − OpEx | −$20.2k | −$10.89 |
| NOI | $47.0k | $25.40 |
1,851 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$671.7K
$587.7K – $783.6K
NOI $47,018 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$608.3K
$532.3K – $709.7K
NOI $42,580 @ 7.0% cap · market cap 4.48%
Theoretical Best
Warehouse
$1.28M
$1.12M – $1.50M
NOI $89,783 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,521
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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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 Street 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
