Detached Two-Family
1632 Research Ave, Bronx, NY 10465
For Sale
$750,000
The property offers two legal residences in a detached structure on a 3,742-square-foot lot.
Property Size1,836 SF
Lot Size0.09 Acres
Price / SF$408.50
Days on Market14
Property Features for 1632 Research Ave
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Listing Agency:
Coldwell Banker Signature Prop
(718) 432-5000
Listed By:
William Beltran · License #40BE1030291
(646) 238-6261
Source:
Exprealty
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 8 at 8:04AM
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 Coldwell Banker Signature Prop
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This detached duplex contains two legal family units within 1,836 square feet of building area. The property occupies a 3,742-square-foot lot in Country Club, Bronx. Its existing two-family configuration defines the asset, while the remarks identify restoration and renovation as the intended work.
Key Highlights
- Legal two‑family configuration
- Detached building with 1,836 square feet of building area
- 3,742‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,637
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,740
$932.7K
Cap Rate 7%
$666,243
$666.2K
Cap Rate 9%
$518,189
$518.2K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$70.5K $38.40/SF
− Vacancy
−$3.9K −$2.11/SF
EGI
$66.6K $36.29/SF
− OpEx
−$20.0K −$10.89/SF
NOI
$46.6K $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%
$932,740
Cap Rate 7%
$666,243
Cap Rate 9%
$518,189
Alternative Uses
Best Use
Multifamily LT 5
$666.2K
$583.0K – $777.3K
NOI $46,637 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$603.4K
$527.9K – $703.9K
NOI $42,235 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$876.0K
$766.5K – $1.02M
NOI $61,323 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
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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
$602,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The property offers two legal residences in a detached structure on a 3,742-square-foot lot.
Where is this duplex located?
The property is located at 1632 Research Ave Bronx, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Legal two‑family configuration; Detached building with 1,836 square feet of building area; 3,742‑square‑foot lot
