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Duplex with Finished Basement
New
For Sale
$899,000

1148 E 211th Street, New York, NY 10469

Five bedrooms and a private driveway serve a detached two-family residence in the Bronx.

Property Size2,104 SF
Lot Size0.05 Acres
Price / SF$427.28
Days on Market5

Property Features for 1148 E 211th Street

General Information

Standard status Active
Size 2,104 SF
Lot size 0.05 Acres
Property subtype Duplex

Site & Location

Neighborhood Williamsbridge
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1901
Buildings 1
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner · License #10401201931
Source: Neilcharlesrealestate
Added: Oct 26 Changed: Oct 29 Last Checked: Oct 29 at 2:43PM

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 Neil Charles Real Estate

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Investment Insights

Based on property information with market context.

This detached duplex contains two residential units with a combined five bedrooms and two-and-a-half bathrooms. The property offers approximately 2,104 square feet of interior living space on a 2,023-square-foot lot. A finished basement adds usable interior area, and a private driveway provides off-street parking. Built in 1901, the residence is located at 1148 E 211th Street in the Bronx.

Shops, restaurants, schools, parks, and public transportation are accessible from the property. The location is in the Williamsbridge neighborhood.

Key Highlights

  • Detached duplex configured as a two‑family residence
  • Five bedrooms and two‑and‑a‑half bathrooms
  • Approximately 2,104 square feet of interior living space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,207
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,424,140 $1.4M
Cap Rate 7%
$1,017,243 $1.0M
Cap Rate 9%
$791,189 $791.2K
Market Conditions
NOI Build-Up for 2,104 SF
Gross rent
$107.3K $51.00/SF
− Vacancy
−$5.6K −$2.65/SF
EGI
$101.7K $48.35/SF
− OpEx
−$30.5K −$14.50/SF
NOI
$71.2K $33.84/SF
Area
New York, NY
Vacancy
5.20%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,424,140
Cap Rate 7%
$1,017,243
Cap Rate 9%
$791,189

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$890.1K – $1.19M (±1% cap)
NOI $71,207 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$940.4K
$822.9K – $1.10M (±1% cap)
NOI $65,828 @ 7.0% cap · market cap 7.32%
Theoretical Best
Specialty Retail
$5.24M
$4.58M – $6.11M (±1% cap)
NOI $366,601 @ 7.0% cap · market cap 40.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,521
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Five bedrooms and a private driveway serve a detached two-family residence in the Bronx.
Where is this duplex located?
The property is located at 1148 E 211th Street New York, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Detached duplex configured as a two‑family residence; Five bedrooms and two‑and‑a‑half bathrooms; Approximately 2,104 square feet of interior living space
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