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Two-Family Home Near Transit
For Sale
$775,000
Pending

1330 Elder Ave The, Bronx, NY 10472

Two-family home with finished basement, close to transportation and schools.

Property Size2,542 SF
Lot Size0.06 Acres
Days on Market312

Property Features for 1330 Elder Ave The

General Information

Standard status Pending
Size 2,542 SF
Lot size 0.06 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $7,000

Building Details

Building Size 2,542 SF
Year Built 1930
Units 2
Listed By: Danny Lopez
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 26 Last Checked: Oct 5 at 6:04PM

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 Danny Lopez

Investment Insights

Based on property information with market context.

This two-family home features a finished basement and is located in close proximity to mass transit and schools.

Key Highlights

  • Two‑family property for sale
  • Finished basement
  • Close to mass transit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,571
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,420 $1.3M
Cap Rate 7%
$922,443 $922.4K
Cap Rate 9%
$717,456 $717.5K
Market Conditions
NOI Build-Up for 2,542 SF
Gross rent
$97.6K $38.40/SF
− Vacancy
−$5.4K −$2.11/SF
EGI
$92.2K $36.29/SF
− OpEx
−$27.7K −$10.89/SF
NOI
$64.6K $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%
$1,291,420
Cap Rate 7%
$922,443
Cap Rate 9%
$717,456

Alternative Uses

Best Use
Multifamily LT 5
$922.4K
$807.1K – $1.08M (±1% cap)
NOI $64,571 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$835.4K
$730.9K – $974.6K (±1% cap)
NOI $58,475 @ 7.0% cap · market cap 7.55%
Theoretical Best
Warehouse
$1.76M
$1.54M – $2.06M (±1% cap)
NOI $123,300 @ 7.0% cap · market cap 15.91%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

IEP New York ... Church

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Dental Office Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,799
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-family home with finished basement, close to transportation and schools.
Where is this duplex located?
The property is located at 1330 Elder Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑family property for sale; Finished basement; Close to mass transit
More about this property
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