Two-Unit Duplex with Private
For Sale
$999,999
1512 Stadium Avenue, Bronx, NY 10465
The property combines a three-bedroom residence, a two-bedroom residence, and a basement with a one-bedroom setup.
Property Size2,880 SF
Price / SF$347.22
Days on Market25
Property Features for 1512 Stadium Avenue
General Information
Standard status
Active
Size
2,880 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$8,439
Amenities
First Floor Bedroom
In-Law Floorplan
Building Details
Building Size
2,880 SF
Year Built
1960
Buildings
1
Units
3
Construction
brick
Listing Agency:
Keller Williams Realty Group
(914) 713-3270
Listed By:
Debbie Rodriguez
(646) 872-5062
Source:
Croninreale
Added: Sep 29
Changed: Oct 23
Last Checked: Oct 23 at 5:33PM
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 Realty Group
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Investment Insights
Based on property information with market context.
This 2,880-square-foot brick duplex, built in 1960, contains two residences: one with three bedrooms and another with two. The basement includes a one-bedroom setup. A private driveway and yard provide outdoor space and on-site parking.
The property is on Stadium Avenue in the Country Club neighborhood of the Bronx. Schools, shopping, restaurants, public transportation, and Pelham Bay Park are nearby.
The property is on Stadium Avenue in the Country Club neighborhood of the Bronx. Schools, shopping, restaurants, public transportation, and Pelham Bay Park are nearby.
Key Highlights
- Two residences with three‑bedroom and two‑bedroom layouts
- 2,880 square feet; built in 1960
- Basement has a one‑bedroom setup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,157
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,463,140
$1.5M
Cap Rate 7%
$1,045,100
$1.0M
Cap Rate 9%
$812,856
$812.9K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$110.6K $38.40/SF
− Vacancy
−$6.1K −$2.11/SF
EGI
$104.5K $36.29/SF
− OpEx
−$31.4K −$10.89/SF
NOI
$73.2K $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 Rate 5%
$1,463,140
Cap Rate 7%
$1,045,100
Cap Rate 9%
$812,856
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$914.5K – $1.22M
NOI $73,157 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$946.4K
$828.1K – $1.10M
NOI $66,250 @ 7.0% cap · market cap 6.63%
Theoretical Best
Warehouse
$2.00M
$1.75M – $2.33M
NOI $139,695 @ 7.0% cap · market cap 13.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
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 - The property combines a three-bedroom residence, a two-bedroom residence, and a basement with a one-bedroom setup.
Where is this duplex located?
The property is located at 1512 Stadium Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two residences with three‑bedroom and two‑bedroom layouts; 2,880 square feet; built in 1960; Basement has a one‑bedroom setup
