Brick Triplex with Private
New
For Sale
$1,100,000
2000 Mapes Avenue, Bronx, NY 10460
Three separate residences include a studio, a two-bedroom apartment, and a duplex with three bedrooms and two bathrooms.
Property Size2,280 SF
Price / SF$482.46
Days on Market5
Property Features for 2000 Mapes Avenue
General Information
Standard status
Active
Size
2,280 SF
Total Parking Spaces
1
Property subtype
Residential Income
Units
Unit Mix
1 x studio, 1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,438
Amenities
private laundry room
private backyard
4
No
5
Other
Public
1
Private
2280
Building Details
Building Size
2,280 SF
Year Built
1994
Year Renovated
2015
Buildings
1
Construction
brick semi-detached
Listing Agency:
Exit Realty Group
(516) 703-2918
Listed By:
Amandeep Kakar
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:35PM
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 Exit Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,280-square-foot brick triplex contains three residences: a studio, a three-bedroom, two-bathroom duplex, and a two-bedroom, one-bathroom apartment. The duplex spans two levels, with living and bedroom space on its upper floor and additional bedrooms, a dining room, and kitchen below. Heating includes central systems for the upper residences; the studio has central and baseboard heat. A private laundry room, backyard, and one parking space are also on site.
Renovations completed in 2015 included the roof, plumbing, and electrical systems. The building was constructed in 1994.
Renovations completed in 2015 included the roof, plumbing, and electrical systems. The building was constructed in 1994.
Key Highlights
- Three residences: studio, 3‑bedroom/2‑bathroom duplex, and 2‑bedroom/1‑bathroom apartment
- 2,280 square feet
- Private backyard and laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,916
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,320
$1.2M
Cap Rate 7%
$827,371
$827.4K
Cap Rate 9%
$643,511
$643.5K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$87.6K $38.40/SF
− Vacancy
−$4.8K −$2.11/SF
EGI
$82.7K $36.29/SF
− OpEx
−$24.8K −$10.89/SF
NOI
$57.9K $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%
$1,158,320
Cap Rate 7%
$827,371
Cap Rate 9%
$643,511
Alternative Uses
Best Use
Multifamily LT 5
$827.4K
$724.0K – $965.3K
NOI $57,916 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$749.3K
$655.6K – $874.1K
NOI $52,448 @ 7.0% cap · market cap 4.77%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M
NOI $110,592 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,351
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
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
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences include a studio, a two-bedroom apartment, and a duplex with three bedrooms and two bathrooms.
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 $1,100,000.
What are key features of this property?
This property features: Three residences: studio, 3‑bedroom/2‑bathroom duplex, and 2‑bedroom/1‑bathroom apartment; 2,280 square feet; Private backyard and laundry room
