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    Two-Family Residential Building Title is generated by Realmo AI

    1228 Noble Avenue, Bronx, NY 10472

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    Claim this Listing
    For Sale
    $839,000

    MULTI_FAMILY - Bronx, NY

    Property size:
    1,780 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $471/SF
    Added:
    May 30, 2026
    Days on Market:
    15
    Last Refresh:
    Jun 13 at 5:06 am

    Property Features for 1228 Noble Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Driveway
    Standard status
    Active
    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

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    Listing Contact
    Georgene Zagarino

    Listing agent Georgene Zagarino License #10401389941

    Listing office 360 Realty Group 2712 Grand Ave, Seaford, NY

    Listing date May 30, 2026

    MLS# 1006756 Listing URL

    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.

    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)
    • Public utilities: electricity available with public water and public sewer
    • Driveway parking
    • Year built: 1960; within Bronx Geographic School District #12 and zoned for P.S. 047 John Randolph Elementary School

    Overview

    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.

    Local 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 (±1% cap)
    NOI $45,215 @ 7.0% cap · market cap 5.39%
    Second Best
    Apartment 5plus
    $584.9K
    $511.8K – $682.4K (±1% cap)
    NOI $40,946 @ 7.0% cap · market cap 4.88%
    Theoretical Best
    Warehouse
    $1.23M
    $1.08M – $1.44M (±1% cap)
    NOI $86,339 @ 7.0% cap · market cap 10.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.869641
    Latitude
    40.830445

    FAQs

    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)
    More about this property
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