Two-Family Detached Income
2058 Ryer Avenue Bronx, NY 10457
2058 Ryer Avenue, Bronx, NY, 10457
$855,900
For Sale
$855,900
Detached two-family framed property with a finished basement and current month-to-month tenancy.
Property Size3,420 SF
Price / SF$250.26
Days on Market58
Property Features for 2058 Ryer Avenue
General Information
- Standard status
- Active
- Size
- 3,420 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1901
Listing agency
Century 21 Future Homes Realty
(718) 863-0055
Listed by
Jennifer Onomo · License #40ON1166506
(718) 863-0055
Source
Compass
Added: May 26 Updated: Jul 21 at 12:24PM Checked: Jul 21 at 12:24PM
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 Century 21 Future Homes Realty
Investment Insights
Based on property information with market context.
This detached, framed two-family home is offered in move-in condition. The first floor contains a 3-bedroom unit currently occupied under a Section 8 voucher, and the second floor features a 4-bedroom unit on a month-to-month lease. The property also includes a finished basement with an additional 1-bedroom unit.
The seller notes the property is ready for occupancy and that pre-approval and proof of funds are required prior to showings. The listing is structured as a residential income offering.
The layout supports three separate bedroom configurations across the first floor, second floor, and finished basement, with existing leases in place at the time of sale.
The seller notes the property is ready for occupancy and that pre-approval and proof of funds are required prior to showings. The listing is structured as a residential income offering.
The layout supports three separate bedroom configurations across the first floor, second floor, and finished basement, with existing leases in place at the time of sale.
Key Highlights
- Detached two‑family framed property with a finished basement
- 1st floor features 3 bedrooms and 1st floor full bath
- Second floor offers 4 bedrooms with month‑to‑month tenancy
Local Financial Insights For Apartment 5plus
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 | $151.8k | $44.40 |
| − Vacancy | −$8.8k | −$2.58 |
| EGI | $143.0k | $41.82 |
| − OpEx | −$64.4k | −$18.82 |
| NOI | $78.7k | $23.00 |
3,420 SF · lease $44.40/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.09M – $1.45M
NOI $86,873 @ 7.0% cap · market cap 10.15%
Second Best
Apartment 5plus
$1.12M
$983.4K – $1.31M
NOI $78,672 @ 7.0% cap · market cap 9.19%
Theoretical Best
Warehouse
$2.37M
$2.07M – $2.76M
NOI $165,887 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Detached two-family framed property with a finished basement and current month-to-month tenancy.
Where is this duplex located?
The property is located at 2058 Ryer Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $855,900.
What are key features of this property?
This property features: Detached two‑family framed property with a finished basement; 1st floor features 3 bedrooms and 1st floor full bath; Second floor offers 4 bedrooms with month‑to‑month tenancy
