Newly Renovated Two-Family
For Sale
$1,199,000
1893 Longfellow Avenue, Bronx, NY 10460
Solid brick two-family residence with newly renovated interiors, a studio unit above the garage, and an attached 1-car garage.
Property Size3,664 SF
Price / SF$327.24
Days on Market64
Property Features for 1893 Longfellow Avenue
General Information
Standard status
Active
Size
3,664 SF
Property subtype
Duplex
Building Details
Year Built
1910
Listing Agency:
RE/MAX Distinguished Hms.&Prop
(914) 346-8255
Listed By:
Hermi Aquino · License #30AQ1103641
(914) 346-8255
Source:
Compass
Added: May 30
Changed: Jul 22
Last Checked: Aug 1 at 1:10PM
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 RE/MAX Distinguished Hms.&Prop
Investment Insights
Based on property information with market context.
This solid brick two-family home has been newly renovated throughout and offers two spacious 2-bedroom apartments plus a separate studio/1-bedroom unit above the garage. The apartments include updated kitchens with quartz countertops and stainless steel appliances, renovated bathrooms, and features such as luxury vinyl flooring and recessed lighting. Mechanical improvements include two boilers and two hot water heaters. An attached 1-car garage is included, along with a backyard space.
The property is a corner location in the West Farms section of the Bronx, with convenient public transportation access described as steps away from the 2 and 5 subway lines and multiple bus lines. Public remarks also note proximity to major highways, as well as nearby schools, shopping, hospitals, and The Bronx Zoo.
Overall, the layout provides two full-size apartment units and an additional studio/1-bedroom above the garage, supported by the recently updated finishes and systems.
The property is a corner location in the West Farms section of the Bronx, with convenient public transportation access described as steps away from the 2 and 5 subway lines and multiple bus lines. Public remarks also note proximity to major highways, as well as nearby schools, shopping, hospitals, and The Bronx Zoo.
Overall, the layout provides two full-size apartment units and an additional studio/1-bedroom above the garage, supported by the recently updated finishes and systems.
Key Highlights
- Solid brick 2‑family home (built 1910) plus a studio/1‑bedroom unit above the garage
- Newly renovated interiors: luxury vinyl flooring, recessed lighting, renovated kitchens with quartz counters and stainless steel appliances
- Renovated bathrooms and 2 boilers with 2 hot water heaters
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.7k | $38.40 |
| − Vacancy | −$7.7k | −$2.11 |
| EGI | $133.0k | $36.29 |
| − OpEx | −$39.9k | −$10.89 |
| NOI | $93.1k | $25.40 |
3,664 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.33M
$1.16M – $1.55M
NOI $93,071 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $84,285 @ 7.0% cap · market cap 7.03%
Theoretical Best
Warehouse
$2.54M
$2.22M – $2.96M
NOI $177,723 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,905
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Solid brick two-family residence with newly renovated interiors, a studio unit above the garage, and an attached 1-car garage.
Where is this triplex located?
The property is located at 1893 Longfellow Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Solid brick 2‑family home (built 1910) plus a studio/1‑bedroom unit above the garage; Newly renovated interiors: luxury vinyl flooring, recessed lighting, renovated kitchens with quartz counters and stainless steel appliances; Renovated bathrooms and 2 boilers with 2 hot water heaters
