Brick Duplex with
For Sale
$1,288,000
Pending
1188 Grant Avenue, Bronx, NY 10456
Residential Income, Bronx, NY
Property Size3,312 SF
Lot Size0.06 Acres
Days on Market156
Property Features for 1188 Grant Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Basement, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 7
Parking features
Garage
Basement
Full, Partially Finished
Elementary school
Family School (The)
Middle school
Call Listing Agent
High school
Contact Agent
Elementary school district
Bronx 9
Middle school district
Contact Agent
High school district
Contact Agent
Standard status
Pending
APN
02449-0051
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3882
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1935
Number of units
2
Building materials
Brick
Listing Agency:
Mitra Hakimi Realty Group LLC
Listed By:
Etan Hakimi · License #1014541
(718) 268-5588
Added: May 4
Changed: Oct 5
Last Checked: Oct 6 at 11:06PM
MLS# 991532
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family duplex contains approximately 3,312 square feet of living space on a 0.0633-acre lot. Built in 1935, the brick property includes seven bedrooms, three bathrooms, and a full basement with garage space. Public water and public sewer serve the building, and water is available as a listed utility.
The property is at 1188 Grant Avenue in the Bronx, NY 10456, near local shops, restaurants, parks, and everyday services. Claremont Park is nearby, while the IRT Jerome Avenue Line and MTA Regional Bus Operations routes provide public transportation access. The Cross Bronx Expressway offers a major roadway connection.
The property is at 1188 Grant Avenue in the Bronx, NY 10456, near local shops, restaurants, parks, and everyday services. Claremont Park is nearby, while the IRT Jerome Avenue Line and MTA Regional Bus Operations routes provide public transportation access. The Cross Bronx Expressway offers a major roadway connection.
Key Highlights
- Approximately 3,312 square feet of living space
- Two‑family duplex with 7 bedrooms and 3 bathrooms
- Full basement with garage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,911
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,718,220
$1.7M
Cap Rate 7%
$1,227,300
$1.2M
Cap Rate 9%
$954,567
$954.6K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$127.2K $38.40/SF
− Vacancy
−$4.5K −$1.34/SF
EGI
$122.7K $37.06/SF
− OpEx
−$36.8K −$11.12/SF
NOI
$85.9K $25.94/SF
Area
ZIP 10456
Vacancy
3.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,718,220
Cap Rate 7%
$1,227,300
Cap Rate 9%
$954,567
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,911 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$1.11M
$968.3K – $1.29M
NOI $77,464 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,324 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,474
Businesses Nearby
Explore this area
Business Placement
Demographics for 10456, NY
93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick construction with a full basement, garage space, public utilities, and access to transit and major roadways.
Where is this duplex located?
The property is located at 1188 Grant Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: Approximately 3,312 square feet of living space; Two‑family duplex with 7 bedrooms and 3 bathrooms; Full basement with garage space
