Detached Brick
For Sale
$1,150,000
Pending
1730 Colden Avenue, Bronx, NY 10462
A finished basement adds flexible living or recreation space to the two-unit residence.
Property Size2,877 SF
Days on Market14
Property Features for 1730 Colden Avenue
General Information
Standard status
Pending
Size
2,877 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,906
Amenities
Finished
2
Yes
4
First Floor Bedroom
No
Public
Driveway
2877
Building Details
Building Size
2,877 SF
Year Built
1930
Buildings
1
Construction
brick
Listing Agency:
(516) 703-2918
Listed By:
Aman Deep Sabharwal
Source:
Hedgestonehomes
Added: Oct 21
Changed: Nov 3
Last Checked: Nov 3 at 7:37AM
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 Aman Deep Sabharwal
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Investment Insights
Based on property information with market context.
Built in 1930, this detached brick duplex contains two matching residences, each with five rooms and two bedrooms. A finished basement provides additional space for living or recreation. The property also includes a two-car garage with extra storage and a driveway.
Key Highlights
- Two units, each configured with 5 rooms and 2 bedrooms
- Finished basement for additional living or recreation space
- Two‑car garage with extra storage, plus a driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,861
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,397,220
$1.4M
Cap Rate 7%
$998,014
$998.0K
Cap Rate 9%
$776,233
$776.2K
Market Conditions
NOI Build-Up for 2,877 SF
Gross rent
$105.3K $36.60/SF
− Vacancy
−$5.5K −$1.91/SF
EGI
$99.8K $34.69/SF
− OpEx
−$29.9K −$10.41/SF
NOI
$69.9K $24.28/SF
Area
ZIP 10462
Vacancy
5.22%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,397,220
Cap Rate 7%
$998,014
Cap Rate 9%
$776,233
Alternative Uses
Best Use
Multifamily LT 5
$998.0K
$873.3K – $1.16M
NOI $69,861 @ 7.0% cap · market cap 6.07%
Second Best
Apartment 5plus
$889.5K
$778.3K – $1.04M
NOI $62,265 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,092 @ 7.0% cap · market cap 8.36%
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
5,214
Businesses Nearby
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Business Placement
Demographics for 10462, NY
84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
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 - A finished basement adds flexible living or recreation space to the two-unit residence.
Where is this duplex located?
The property is located at 1730 Colden Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Two units, each configured with 5 rooms and 2 bedrooms; Finished basement for additional living or recreation space; Two‑car garage with extra storage, plus a driveway
