Two-Family
For Sale
$775,000
1542 Saint Lawrence Avenue, Bronx, NY 10460
The residence is near subway and bus service, with Manhattan approximately 25 minutes away.
Property Size2,284 SF
Price / SF$339.32
Days on Market163
Property Features for 1542 Saint Lawrence Avenue
General Information
Standard status
Active
Size
2,284 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,300
Building Details
Building Size
2,284 SF
Year Built
1925
Buildings
1
Listing Agency:
Real Estate Brokerage America
Listed By:
Dave A. Wallace
(914) 488-4872
Source:
Thedecurtisgroup
Added: May 25
Changed: Nov 2
Last Checked: Nov 3 at 8:52AM
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 Real Estate Brokerage America
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Investment Insights
Based on property information with market context.
This two-family duplex contains 2,284 square feet and was built in 1925. Its location is near East Tremont Avenue, with subway and bus service, schools, retail, restaurants, and parks in the surrounding area. Manhattan is approximately 25 minutes away.
Key Highlights
- Two‑family duplex with 2,284 square feet
- Built in 1925
- Near subway and bus service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,017
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,160,340
$1.2M
Cap Rate 7%
$828,814
$828.8K
Cap Rate 9%
$644,633
$644.6K
Market Conditions
NOI Build-Up for 2,284 SF
Gross rent
$87.7K $38.40/SF
− Vacancy
−$4.8K −$2.11/SF
EGI
$82.9K $36.29/SF
− OpEx
−$24.9K −$10.89/SF
NOI
$58.0K $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%
$1,160,340
Cap Rate 7%
$828,814
Cap Rate 9%
$644,633
Alternative Uses
Best Use
Multifamily LT 5
$828.8K
$725.2K – $967.0K
NOI $58,017 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$750.6K
$656.8K – $875.7K
NOI $52,540 @ 7.0% cap · market cap 6.78%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.85M
NOI $110,786 @ 7.0% cap · market cap 14.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 10460, NY
62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
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 residence is near subway and bus service, with Manhattan approximately 25 minutes away.
Where is this duplex located?
The property is located at 1542 Saint Lawrence 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‑family duplex with 2,284 square feet; Built in 1925; Near subway and bus service
