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3-Unit Triplex With Duplex

2000 Mapes Avenue Bronx, NY 10460

2000 Mapes Avenue, Bronx, NY, 10460
$1,200,000
For Sale
$1,200,000

Three residential units include a vacant 2-bedroom, a large duplex, and a first-floor walk-in studio.

Property Size2,280 SF
Price / SF$526.32
Days on Market50

Property Features for 2000 Mapes Avenue

General Information

Standard status
Active
Size
2,280 SF
Property subtype
Triplex

Building Details

Year Built
1994
Listing agency Han Tang Realty Inc.
Listed by Helen Grace Pekson
Source Compass
Added: Jun 3 Updated: Jul 21 at 8:45PM Checked: Jul 21 at 8:45PM

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 Han Tang Realty Inc.


Investment Insights

Based on property information with market context.

This 3-unit triplex offers a versatile multi-family layout across three floors. The top floor includes a spacious vacant 2-bedroom unit. The middle floor features a huge 3-bedroom duplex with two full bathrooms and in-unit laundry. The first floor is a walk-in studio, providing a smaller, flexible option within the same property.

The property is located at 2000 Mapes Avenue in the Bronx. Public remarks note it is blocks from transit, shopping, and parks, supporting everyday convenience for tenants.

With three separate residential units, the configuration is designed to accommodate a range of occupancy options across the building.

Key Highlights

  • Three residential units: vacant 2‑bedroom on the top floor, a large duplex on the middle floor, and a first‑floor walk‑in studio
  • Middle‑floor duplex includes 3 bedrooms and 2 full bathrooms, plus in‑unit laundry
  • Full basement included (Yes)

Local 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 $87.6k $38.40
− Vacancy −$4.8k −$2.11
EGI $82.7k $36.29
− OpEx −$24.8k −$10.89
NOI $57.9k $25.40
2,280 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$827.4K
$724.0K – $965.3K (±1% cap)
NOI $57,916 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$749.3K
$655.6K – $874.1K (±1% cap)
NOI $52,448 @ 7.0% cap · market cap 4.37%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,592 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

E & L Community ... Church

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Gym & Fitness Center Acupuncture HVAC Service Carpet & Flooring Store Nursing Home Veterinary Clinic Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three residential units include a vacant 2-bedroom, a large duplex, and a first-floor walk-in studio.
Where is this triplex located?
The property is located at 2000 Mapes Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three residential units: vacant 2‑bedroom on the top floor, a large duplex on the middle floor, and a first‑floor walk‑in studio; Middle‑floor duplex includes 3 bedrooms and 2 full bathrooms, plus in‑unit laundry; Full basement included (Yes)
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