Two-Unit Apartment
For Sale
$1,100,000
1373 Plimpton Ave, Bronx, NY 10452
Four-bedroom and three-bedroom units include full baths, stainless steel appliances, and access to shared parking.
Property Size3,190 SF
Price / SF$344.83
Days on Market104
Property Features for 1373 Plimpton Ave
General Information
Standard status
Active
Size
3,190 SF
Property subtype
Multi-Family
Building Details
Year Built
1915
Listing Agency:
Boutique Realty
Listed By:
Aileen Padilla
(917) 680-1428
Source:
Searchhomesinlongisland
Added: Jul 23
Changed: Nov 1
Last Checked: Nov 3 at 7:44AM
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 Boutique Realty
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Investment Insights
Based on property information with market context.
Built in 1915, this two-family property contains a four-bedroom apartment above a three-bedroom apartment, with one full bathroom serving each unit. Both residences offer generously sized rooms, separate living areas, and kitchens equipped with stainless steel appliances. A front porch adds exterior amenity space, while the property also includes a two-car garage, shared driveway, and additional parking at the rear.
The unfinished basement has its own entrance and brick-lined interior, providing additional functional space. The property is located at 1373 Plimpton Ave in the Bronx, near Highbridge Heights, schools, shopping, bus and subway service, major highways, Yankee Stadium, and Manhattan.
The unfinished basement has its own entrance and brick-lined interior, providing additional functional space. The property is located at 1373 Plimpton Ave in the Bronx, near Highbridge Heights, schools, shopping, bus and subway service, major highways, Yankee Stadium, and Manhattan.
Key Highlights
- Two‑family layout with a 4‑bedroom unit over a 3‑bedroom unit
- One full bathroom in each apartment
- Stainless steel appliances in both kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,668
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,360
$1.6M
Cap Rate 7%
$1,109,543
$1.1M
Cap Rate 9%
$862,978
$863.0K
Market Conditions
NOI Build-Up for 3,190 SF
Gross rent
$118.7K $37.20/SF
− Vacancy
−$7.7K −$2.42/SF
EGI
$111.0K $34.78/SF
− OpEx
−$33.3K −$10.43/SF
NOI
$77.7K $24.35/SF
Area
ZIP 10452
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,553,360
Cap Rate 7%
$1,109,543
Cap Rate 9%
$862,978
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$970.9K – $1.29M
NOI $77,668 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$1.02M
$895.3K – $1.19M
NOI $71,626 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $113,003 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
4,554
Businesses Nearby
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Business Placement
Demographics for 10452, NY
77,564
Population
28,854
Households
2.7
Avg Household Size
35
Median Age
14%
College-Educated
71%
High-School Grad
1.0 sq mi
ZIP Area
77,564
Density / Sq Mi
$37,854
Median Household Income
$32,732
Median Earnings
$1,367
Median Rent
$263,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Four-bedroom and three-bedroom units include full baths, stainless steel appliances, and access to shared parking.
Where is this duplex located?
The property is located at 1373 Plimpton Ave Bronx, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two‑family layout with a 4‑bedroom unit over a 3‑bedroom unit; One full bathroom in each apartment; Stainless steel appliances in both kitchens
