Duplex with Detached Garage and
1158 Leland Ave, Bronx, NY 10472
For Sale
$1,300,000
Duplex home with 3 bedrooms per floor, a finished 2-bedroom basement, and a 9-car driveway.
Property Size1,792 SF
Price / SF$725.45
Days on Market221
Property Features for 1158 Leland Ave
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Metro Star Realty LLC
Listed By:
Ameer M. Moflehi · License #10401398315
(917) 362-3885
Source:
Searchhomesinlongisland
Added: Apr 3
Changed: Nov 1
Last Checked: Nov 8 at 7:24AM
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 Metro Star Realty LLC
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Investment Insights
Based on property information with market context.
This duplex offers a functional two-family layout with 3 bedrooms on each floor. The home also includes a fully finished 2-bedroom basement, providing additional living space for flexible use. Outside, there is a 9-car driveway and a detached garage, supporting convenient off-street parking.
Set on an oversized lot, the property includes potential to build another home, with the buyer to verify feasibility. The location is described as convenient to shopping centers, schools, clinics, and public transportation.
Built in 1935, the home is positioned as a straightforward option for buyers seeking a larger, multi-level duplex with both added basement space and on-site parking capacity.
Set on an oversized lot, the property includes potential to build another home, with the buyer to verify feasibility. The location is described as convenient to shopping centers, schools, clinics, and public transportation.
Built in 1935, the home is positioned as a straightforward option for buyers seeking a larger, multi-level duplex with both added basement space and on-site parking capacity.
Key Highlights
- 3 bedrooms on each floor in the duplex layout
- Fully finished 2‑bedroom basement
- 9‑car driveway for off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,520
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$910,400
$910.4K
Cap Rate 7%
$650,286
$650.3K
Cap Rate 9%
$505,778
$505.8K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$68.8K $38.40/SF
− Vacancy
−$3.8K −$2.11/SF
EGI
$65.0K $36.29/SF
− OpEx
−$19.5K −$10.89/SF
NOI
$45.5K $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%
$910,400
Cap Rate 7%
$650,286
Cap Rate 9%
$505,778
Alternative Uses
Best Use
Multifamily LT 5
$650.3K
$569.0K – $758.7K
NOI $45,520 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$588.9K
$515.3K – $687.1K
NOI $41,223 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$855.0K
$748.2K – $997.6K
NOI $59,853 @ 7.0% cap · market cap 4.60%
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
3,143
Businesses Nearby
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Business Placement
Demographics for 10472, NY
72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bronx, NY
Properties on Market for Duplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex home with 3 bedrooms per floor, a finished 2-bedroom basement, and a 9-car driveway.
Where is this duplex located?
The property is located at 1158 Leland Ave Bronx, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3 bedrooms on each floor in the duplex layout; Fully finished 2‑bedroom basement; 9‑car driveway for off‑street parking
