Two-Family Residential
For Sale
$839,000
Pending
1228 Noble Avenue, Bronx, NY 10472
MULTI_FAMILY - Bronx, NY
Property Size1,780 SF
Lot Size0.05 Acres
Days on Market67
Property Features for 1228 Noble Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Elementary school
Ps 47 John Randolph
Middle school
Mott Hall V
High school
Mott Hall V
Elementary school district
Bronx 12
Middle school district
Bronx 12
High school district
Bronx 12
Standard status
Pending
APN
03760-0023
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7291
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1960
Number of units
2
Building materials
Brick
Listing Agency:
360 Realty Group
(631) 987-7362
Listed By:
Georgene Zagarino · License #10401389941
(516) 659-3954
Added: May 30
Changed: Jul 17
Last Checked: Aug 4 at 6:06PM
MLS# 1006756
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 legally classified two-family residential property is located in the Soundview section of the Bronx and offers a three-story building layout totaling 1,780 gross square feet. The structure is positioned on a lot zoned R5, providing a straightforward residential configuration within a duplex-style setup.
The property is located at 1228 Noble Avenue, Bronx, NY 10472. It is listed as being just over a tenth of a mile from the St. Lawrence Avenue subway station serving the 6 line, supporting convenient transit access for residents and day-to-day commuting.
As a two-family, the home may appeal to buyers seeking an owner-occupied or multi-residential arrangement, with each unit benefiting from the building’s three-story structure. The property is also indicated as being within Bronx Geographic School District #12, with local zoning referenced for P.S. 047 John Randolph Elementary School. The R5 zoning and duplex format provide a practical foundation for buyers evaluating residential income opportunities within the Bronx’s established neighborhood school and transit corridor.
The property is located at 1228 Noble Avenue, Bronx, NY 10472. It is listed as being just over a tenth of a mile from the St. Lawrence Avenue subway station serving the 6 line, supporting convenient transit access for residents and day-to-day commuting.
As a two-family, the home may appeal to buyers seeking an owner-occupied or multi-residential arrangement, with each unit benefiting from the building’s three-story structure. The property is also indicated as being within Bronx Geographic School District #12, with local zoning referenced for P.S. 047 John Randolph Elementary School. The R5 zoning and duplex format provide a practical foundation for buyers evaluating residential income opportunities within the Bronx’s established neighborhood school and transit corridor.
Key Highlights
- Legally classified two‑family residential property in the Soundview section of the Bronx
- Brick construction with 1,780 gross square feet across three stories
- R5 zoning; located just over 0.1 miles from the St. Lawrence Avenue subway station (6 line)
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $38.40 |
| − Vacancy | −$3.8k | −$2.11 |
| EGI | $64.6k | $36.29 |
| − OpEx | −$19.4k | −$10.89 |
| NOI | $45.2k | $25.40 |
1,780 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$645.9K
$565.2K – $753.6K
NOI $45,215 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$584.9K
$511.8K – $682.4K
NOI $40,946 @ 7.0% cap · market cap 4.88%
Theoretical Best
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,339 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,029
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Legally classified two-family home in Soundview with three-story layout and transit access near the 6 line.
Where is this duplex located?
The property is located at 1228 Noble Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Legally classified two‑family residential property in the Soundview section of the Bronx; Brick construction with 1,780 gross square feet across three stories; R5 zoning; located just over 0.1 miles from the St. Lawrence Avenue subway station (6 line)
