Two-Unit Brick Duplex
For Sale
$1,550,000
123 W 227th St, Bronx, NY 10463
Well-maintained two-unit brick duplex with 6 bedrooms and 2 baths and convenient access to transit and shopping.
Property Size3,727 SF
Lot Size0.06 Acres
Price / SF$415.88
Days on Market61
Property Features for 123 W 227th St
General Information
Standard status
Active
Size
3,727 SF
Lot size
0.06 Acres
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Keller Williams Rty Gold Coast
(646) 200-2010
Listed By:
Yinesky Medina
(646) 200-2010
Source:
Exprealty
Added: Jun 3
Changed: Jul 30
Last Checked: Jul 31 at 1:43PM
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 Keller Williams Rty Gold Coast
Investment Insights
Based on property information with market context.
Spacious two-family brick duplex with a total of 6 bedrooms and 2 baths. The home is described as well-maintained and offers approximately 3,727 square feet of living space on a 25' x 100' lot. With two residential units, the property supports both investor ownership and owner-occupant use.
Set in the Marble Hill/Kingsbridge area, the duplex is positioned for convenience to transportation, shopping, schools, parks, and major highways. It is located just moments from the Marble Hill Metro-North station and the 1 train, and it is near the Broadway shopping corridor and other neighborhood amenities.
Set in the Marble Hill/Kingsbridge area, the duplex is positioned for convenience to transportation, shopping, schools, parks, and major highways. It is located just moments from the Marble Hill Metro-North station and the 1 train, and it is near the Broadway shopping corridor and other neighborhood amenities.
Key Highlights
- Two‑family brick duplex with two residential units
- Approximately 3,727 SF of living space
- 6 bedrooms and 2 baths
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 | $143.1k | $38.40 |
| − Vacancy | −$7.9k | −$2.11 |
| EGI | $135.2k | $36.29 |
| − OpEx | −$40.6k | −$10.89 |
| NOI | $94.7k | $25.40 |
3,727 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.58M
NOI $94,672 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,735 @ 7.0% cap · market cap 5.53%
Theoretical Best
Warehouse
$2.58M
$2.26M – $3.01M
NOI $180,778 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,976
Businesses Nearby
Explore this area
Business Placement
Demographics for 10463, NY
71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-unit brick duplex with 6 bedrooms and 2 baths and convenient access to transit and shopping.
Where is this duplex located?
The property is located at 123 W 227th St Bronx, NY.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two‑family brick duplex with two residential units; Approximately 3,727 SF of living space; 6 bedrooms and 2 baths
