Duplex Property with
For Sale
$1,220,000
2012 Benedict Avenue, Bronx, NY 10462
Two-level residential income property with dedicated dining, kitchen, and garage space.
Property Size2,604 SF
Days on Market344
Property Features for 2012 Benedict Avenue
General Information
Standard status
Active
Size
2,604 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$7,289
Building Details
Building Size
2,604 SF
Year Built
1930
Listing Agency:
Island Advantage Realty LLC
Listed By:
Todd A. Yovino · License #49YO0956714
(631) 351-6000
Source:
Serhant
Added: Nov 4, 2025
Changed: Oct 3
Last Checked: Oct 13 at 1:46AM
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 Island Advantage Realty LLC
Investment Insights
Based on property information with market context.
Located at 2012 Benedict Avenue in Bronx, NY 10462, this duplex-style residential income property was built in 1930. The layout includes five bedrooms and three full bathrooms, along with a formal dining area and a separate eat-in kitchen. A one-car garage provides dedicated on-site parking and storage capacity.
Key Highlights
- Five bedrooms and three full bathrooms
- Formal dining area plus eat‑in kitchen
- One‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,232
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,264,640
$1.3M
Cap Rate 7%
$903,314
$903.3K
Cap Rate 9%
$702,578
$702.6K
Market Conditions
NOI Build-Up for 2,604 SF
Gross rent
$95.3K $36.60/SF
− Vacancy
−$5.0K −$1.91/SF
EGI
$90.3K $34.69/SF
− OpEx
−$27.1K −$10.41/SF
NOI
$63.2K $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%
$1,264,640
Cap Rate 7%
$903,314
Cap Rate 9%
$702,578
Alternative Uses
Best Use
Multifamily LT 5
$903.3K
$790.4K – $1.05M
NOI $63,232 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$805.1K
$704.5K – $939.3K
NOI $56,357 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,974 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
4,070
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-level residential income property with dedicated dining, kitchen, and garage space.
Where is this duplex located?
The property is located at 2012 Benedict Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,220,000.
What are key features of this property?
This property features: Five bedrooms and three full bathrooms; Formal dining area plus eat‑in kitchen; One‑car garage
