Duplex with Finished Basement
For Sale
$1,000,000
1792 Lacombe Avenue, Bronx, NY 10473
Both residential units are rented, with tenants in place and additional studio space in the basement and converted garage.
Property Size2,875 SF
Days on Market27
Property Features for 1792 Lacombe Avenue
General Information
Standard status
Active
Size
2,875 SF
Total Parking Spaces
2
Property subtype
Duplex
Occupancy
100%
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 3BR/1BA, 1 x studio
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,958
Amenities
private backyard
balcony
Building Details
Building Size
2,875 SF
Year Built
1965
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
YourHomeSold Guaranteed Realty
Listed By:
Ndeye A. Ly
(347) 614-7527
Source:
Serhant
Added: Sep 11
Changed: Oct 6
Last Checked: Oct 5 at 10:48PM
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 YourHomeSold Guaranteed Realty
Investment Insights
Based on property information with market context.
Built in 1965, this duplex has two residential units: a first-floor layout with 3 bedrooms and 1.5 baths, and a second unit with 3 bedrooms and 1 bath. A finished basement contains a separate studio with walk-out access, and the garage has also been converted to studio space.
The property includes a two-car driveway, a private backyard, and a balcony. It is occupied by tenants and is being sold as-is.
The property includes a two-car driveway, a private backyard, and a balcony. It is occupied by tenants and is being sold as-is.
Key Highlights
- Two residential units: one with 3 bedrooms and 1.5 baths, the other with 3 bedrooms and 1 bath
- Finished basement studio with walk‑out access
- Garage converted to studio space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,030
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,460,600
$1.5M
Cap Rate 7%
$1,043,286
$1.0M
Cap Rate 9%
$811,444
$811.4K
Market Conditions
NOI Build-Up for 2,875 SF
Gross rent
$110.4K $38.40/SF
− Vacancy
−$6.1K −$2.11/SF
EGI
$104.3K $36.29/SF
− OpEx
−$31.3K −$10.89/SF
NOI
$73.0K $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%
$1,460,600
Cap Rate 7%
$1,043,286
Cap Rate 9%
$811,444
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$912.9K – $1.22M
NOI $73,030 @ 7.0% cap · market cap 7.30%
Second Best
Apartment 5plus
$944.8K
$826.7K – $1.10M
NOI $66,135 @ 7.0% cap · market cap 6.61%
Theoretical Best
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,452 @ 7.0% cap · market cap 13.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,152
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residential units are rented, with tenants in place and additional studio space in the basement and converted garage.
Where is this duplex located?
The property is located at 1792 Lacombe Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Two residential units: one with 3 bedrooms and 1.5 baths, the other with 3 bedrooms and 1 bath; Finished basement studio with walk‑out access; Garage converted to studio space
