Two-Unit
New
For Sale
$1,200,000
1335 Clay Avenue, Bronx, NY 10456
The two residences are occupied and contain seven bedrooms and three bathrooms in total.
Property Size3,060 SF
Lot Size0.04 Acres
Price / SF$392.16
Days on Market6
Property Features for 1335 Clay Avenue
General Information
Standard status
Active
Size
3,060 SF
Lot size
0.04 Acres
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
1 x 4BR/2BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,247
Amenities
3
No
7
Other
Public
3060
Building Details
Building Size
3,060 SF
Year Built
2007
Listing Agency:
WW Realty Group Inc
(516) 703-2918
Listed By:
Alex Switalski
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:59PM
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 WW Realty Group Inc
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Investment Insights
Based on property information with market context.
This attached duplex contains two separate residences with a combined 3,060 square feet of interior space. The first unit has four bedrooms and two bathrooms; the second offers three bedrooms and one bathroom. The property sits on a 1,615-square-foot lot and was built in 2007. Heating is provided by natural gas baseboard systems.
Located at 1335 Clay Avenue in the South Bronx, the property is fully occupied. It is being sold as-is, with showings limited to the exterior.
Located at 1335 Clay Avenue in the South Bronx, the property is fully occupied. It is being sold as-is, with showings limited to the exterior.
Key Highlights
- Two attached residential units with 3,060 square feet of interior space
- Two‑unit bedroom and bath mix: 4 bedrooms and 2 bathrooms in one unit; 3 bedrooms and 1 bathroom in the other
- 1,615‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,374
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,480
$1.6M
Cap Rate 7%
$1,133,914
$1.1M
Cap Rate 9%
$881,933
$881.9K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$117.5K $38.40/SF
− Vacancy
−$4.1K −$1.34/SF
EGI
$113.4K $37.06/SF
− OpEx
−$34.0K −$11.12/SF
NOI
$79.4K $25.94/SF
Area
ZIP 10456
Vacancy
3.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,587,480
Cap Rate 7%
$1,133,914
Cap Rate 9%
$881,933
Alternative Uses
Best Use
Multifamily LT 5
$1.13M
$992.2K – $1.32M
NOI $79,374 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$1.02M
$894.6K – $1.19M
NOI $71,570 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.55M
$1.35M – $1.81M
NOI $108,397 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5,131
Businesses Nearby
Explore this area
Business Placement
Demographics for 10456, NY
93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences are occupied and contain seven bedrooms and three bathrooms in total.
Where is this duplex located?
The property is located at 1335 Clay Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two attached residential units with 3,060 square feet of interior space; Two‑unit bedroom and bath mix: 4 bedrooms and 2 bathrooms in one unit; 3 bedrooms and 1 bathroom in the other; 1,615‑square‑foot lot
