Duplex With Solar
For Sale
$775,000
1314 Givan Avenue, Bronx, NY 10469
Detached two-family property with separate apartments, basement access, and a two-car garage.
Property Size1,976 SF
Price / SF$392.21
Days on Market166
Property Features for 1314 Givan Avenue
General Information
Standard status
Active
Size
1,976 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,125
Building Details
Building Size
1,976 SF
Year Built
1930
Buildings
1
Listing Agency:
eXp Realty
Listed By:
Luis F. Fernandez · License #906151
Source:
Shawmetro
Added: Mar 2
Changed: Aug 10
Last Checked: Aug 15 at 12:02PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This detached duplex contains a 3-bedroom apartment above a 2-bedroom apartment, creating a clearly defined two-unit configuration. The property includes 1,976 square feet, a full unfinished basement with its own entrance, and a two-car garage. A new roof with solar panels adds a recently completed exterior improvement, while the property requires updating.
Located on Givan Avenue in the Bronx, the home is near public transportation, shopping, schools, and major highways. The separate basement entrance provides additional space within the existing structure, subject to the applicable requirements for any future use.
Located on Givan Avenue in the Bronx, the home is near public transportation, shopping, schools, and major highways. The separate basement entrance provides additional space within the existing structure, subject to the applicable requirements for any future use.
Key Highlights
- Two‑unit layout with a 3‑bedroom apartment over a 2‑bedroom apartment
- 1,976 square feet in a detached duplex
- Full unfinished basement with separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,194
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,003,880
$1.0M
Cap Rate 7%
$717,057
$717.1K
Cap Rate 9%
$557,711
$557.7K
Market Conditions
NOI Build-Up for 1,976 SF
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.
Gross rent
$75.9K $38.40/SF
− Vacancy
−$4.2K −$2.11/SF
EGI
$71.7K $36.29/SF
− OpEx
−$21.5K −$10.89/SF
NOI
$50.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,003,880
Cap Rate 7%
$717,057
Cap Rate 9%
$557,711
Alternative Uses
Best Use
Multifamily LT 5
$717.1K
$627.4K – $836.6K
NOI $50,194 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$649.4K
$568.2K – $757.6K
NOI $45,455 @ 7.0% cap · market cap 5.87%
Theoretical Best
Warehouse
$1.37M
$1.20M – $1.60M
NOI $95,846 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,232
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
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 - Detached two-family property with separate apartments, basement access, and a two-car garage.
Where is this duplex located?
The property is located at 1314 Givan Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑unit layout with a 3‑bedroom apartment over a 2‑bedroom apartment; 1,976 square feet in a detached duplex; Full unfinished basement with separate entrance
