Two-Family Brick
1222 Vyse Avenue, Bronx, NY 10459
For Sale
$897,000
Two residences include a three-bedroom duplex and a separate two-bedroom apartment, with driveway parking and a private backyard.
Property Size2,100 SF
Lot Size0.07 Acres
Price / SF$427.14
Days on Market148
Property Features for 1222 Vyse Avenue
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
hardwood floors
formal dining area
eat-in kitchen
private backyard
Formal Dining
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
Century 21 Galvez
(718) 409-6300
Listed By:
Lisbeth Gomez
(646) 318-8347
Source:
Clairedleone
Added: Jun 15
Changed: Nov 7
Last Checked: Nov 8 at 6:02PM
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 Century 21 Galvez
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Investment Insights
Based on property information with market context.
This two-family brick property contains approximately 2,100 square feet of living space on a 2,900-square-foot lot. Its layout pairs a three-bedroom duplex with a separate two-bedroom apartment. Interior features include hardwood floors, a formal dining area, and an eat-in kitchen; the property also has a private backyard and driveway parking for two vehicles. Built in 1991, the home offers a residential income configuration with distinct living spaces.
Schools, shopping, public transportation, major highways, and other local amenities are identified among the surrounding conveniences. The property is located at 1222 Vyse Avenue in the Bronx.
Schools, shopping, public transportation, major highways, and other local amenities are identified among the surrounding conveniences. The property is located at 1222 Vyse Avenue in the Bronx.
Key Highlights
- Two‑family brick property with approximately 2,100 square feet of living space
- Three‑bedroom duplex and separate two‑bedroom apartment
- 2,900‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,343
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,066,860
$1.1M
Cap Rate 7%
$762,043
$762.0K
Cap Rate 9%
$592,700
$592.7K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$80.6K $38.40/SF
− Vacancy
−$4.4K −$2.11/SF
EGI
$76.2K $36.29/SF
− OpEx
−$22.9K −$10.89/SF
NOI
$53.3K $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%
$1,066,860
Cap Rate 7%
$762,043
Cap Rate 9%
$592,700
Alternative Uses
Best Use
Multifamily LT 5
$762.0K
$666.8K – $889.1K
NOI $53,343 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$690.1K
$603.9K – $805.1K
NOI $48,308 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.00M
$876.8K – $1.17M
NOI $70,140 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,393
Businesses Nearby
Explore this area
Business Placement
Demographics for 10459, NY
50,984
Population
18,678
Households
2.7
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
0.8 sq mi
ZIP Area
63,730
Density / Sq Mi
$39,276
Median Household Income
$30,200
Median Earnings
$1,285
Median Rent
$589,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - Two residences include a three-bedroom duplex and a separate two-bedroom apartment, with driveway parking and a private backyard.
Where is this duplex located?
The property is located at 1222 Vyse Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $897,000.
What are key features of this property?
This property features: Two‑family brick property with approximately 2,100 square feet of living space; Three‑bedroom duplex and separate two‑bedroom apartment; 2,900‑square‑foot lot
