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Two-Family Duplex With Finished Basement
For Sale
$1,150,000

1285 Saint Lawrence Avenue, Bronx, NY 10472

Residential income property featuring a completed lower-level basement and two-family configuration.

Property Size2,150 SF
Days on Market71

Property Features for 1285 Saint Lawrence Avenue

General Information

Standard status Active
Size 2,150 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,252

Building Details

Building Size 2,150 SF
Year Built 1930
Listing Agency: Winzone Realty Inc
Listed By: Shahedul Islam · License #40IS0928558
Source: Serhant
Added: Aug 4 Changed: Oct 11 Last Checked: Oct 11 at 1:02PM

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 Winzone Realty Inc

Investment Insights

Based on property information with market context.

This duplex is configured as a two-family house with a fully finished basement, providing additional completed interior space within the property. The residence was constructed in 1930 and is located at 1285 Saint Lawrence Avenue in Bronx, NY 10472.

Key Highlights

  • Two‑family house configuration
  • Fully finished basement
  • Built in 1930

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,613
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,092,260 $1.1M
Cap Rate 7%
$780,186 $780.2K
Cap Rate 9%
$606,811 $606.8K
Market Conditions
NOI Build-Up for 2,150 SF
Gross rent
$82.6K $38.40/SF
− Vacancy
−$4.5K −$2.11/SF
EGI
$78.0K $36.29/SF
− OpEx
−$23.4K −$10.89/SF
NOI
$54.6K $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%
$1,092,260
Cap Rate 7%
$780,186
Cap Rate 9%
$606,811

Alternative Uses

Best Use
Multifamily LT 5
$780.2K
$682.7K – $910.2K (±1% cap)
NOI $54,613 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$706.5K
$618.2K – $824.3K (±1% cap)
NOI $49,458 @ 7.0% cap · market cap 4.30%
Theoretical Best
Warehouse
$1.49M
$1.30M – $1.74M (±1% cap)
NOI $104,286 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

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

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,202
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residential income property featuring a completed lower-level basement and two-family configuration.
Where is this duplex located?
The property is located at 1285 Saint Lawrence Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two‑family house configuration; Fully finished basement; Built in 1930
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