Two-Unit Brick
1519 Givan Avenue, Bronx, NY 10469
For Sale
New
$850,000
Separate one- and three-bedroom residences provide distinct living areas within a single property.
Property Size2,280 SF
Price / SF$372.81
Days on Market4
Property Features for 1519 Givan Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
Exit Realty Group
Listed By:
Stephanie Wilson
(347) 259-5336
Source:
Shawmetro
Added: Nov 4
Changed: Nov 6
Last Checked: Nov 6 at 2:18PM
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 Exit Realty Group
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Investment Insights
Based on property information with market context.
This 2,280-square-foot brick duplex, built in 1940, contains two residences. One offers a bedroom, full bathroom, living room, and kitchen. The larger unit has three bedrooms, a full bathroom, living and dining rooms, a kitchen, and a half bathroom, along with a recreation room and back porch.
Updates include replacement windows throughout, a roof installed four years ago, and renovated kitchens and bathrooms completed approximately five years ago. The property also has a backyard.
Updates include replacement windows throughout, a roof installed four years ago, and renovated kitchens and bathrooms completed approximately five years ago. The property also has a backyard.
Key Highlights
- Two residences: one‑bedroom and three‑bedroom layouts
- 2,280 square feet of building area
- Brick construction; built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,916
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,320
$1.2M
Cap Rate 7%
$827,371
$827.4K
Cap Rate 9%
$643,511
$643.5K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$87.6K $38.40/SF
− Vacancy
−$4.8K −$2.11/SF
EGI
$82.7K $36.29/SF
− OpEx
−$24.8K −$10.89/SF
NOI
$57.9K $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%
$1,158,320
Cap Rate 7%
$827,371
Cap Rate 9%
$643,511
Alternative Uses
Best Use
Multifamily LT 5
$827.4K
$724.0K – $965.3K
NOI $57,916 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$749.3K
$655.6K – $874.1K
NOI $52,448 @ 7.0% cap · market cap 6.17%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M
NOI $110,592 @ 7.0% cap · market cap 13.01%
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
1,841
Businesses Nearby
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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
$640,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Bronx, NY
Properties on Market for Duplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate one- and three-bedroom residences provide distinct living areas within a single property.
Where is this duplex located?
The property is located at 1519 Givan Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two residences: one‑bedroom and three‑bedroom layouts; 2,280 square feet of building area; Brick construction; built in 1940
