Two-Family Residential Income
2066 Cicero Avenue Bronx, NY 10473
2066 Cicero Avenue, Bronx, NY, 10473
$925,000
For Sale
$925,000
Two-unit residence with private two-car driveway and central heating and central air in both apartments.
Property Size2,325 SF
Price / SF$397.85
Days on Market11
Property Features for 2066 Cicero Avenue
General Information
- Standard status
- Active
- Size
- 2,325 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1987
Listing agency
RE/MAX Distinguished Hms.&Prop
(914) 346-8255
Listed by
Walter F. Sarmiento · License #10301205363
(914) 346-8255
Source
Compass
Added: Jul 11 Updated: Jul 21 at 4:14PM Checked: Jul 21 at 4:14PM
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 two-family residence offers flexible living and income potential, with Apartment 1 featuring a 3-bedroom, 2.5-bath layout on the top floor and Apartment 2 offering a 2-bedroom, 1-bath unit on the ground floor. The property also includes a private driveway for two cars, and both apartments are equipped with central air conditioning and central heating for year-round comfort.
Convenient transportation access is supported by bus routes 22, 36, and 39 within walking distance, with connections to the 6 train, and Bus 36 linking to Bus 5 for access to the 2 and 5 trains. Shopping and everyday services are nearby, including The Shops at Bruckner, ShopRite, Marshalls, and Bruckner Commons Plaza, with BJ’s Wholesale Club coming soon.
The home is positioned for practical day-to-day convenience, with additional retail options in the area and nearby parks and schools within reach.
Convenient transportation access is supported by bus routes 22, 36, and 39 within walking distance, with connections to the 6 train, and Bus 36 linking to Bus 5 for access to the 2 and 5 trains. Shopping and everyday services are nearby, including The Shops at Bruckner, ShopRite, Marshalls, and Bruckner Commons Plaza, with BJ’s Wholesale Club coming soon.
The home is positioned for practical day-to-day convenience, with additional retail options in the area and nearby parks and schools within reach.
Key Highlights
- Two‑family residence (built in 1987) with a top‑floor 3 bed, 2.5 bath unit and a ground‑floor 2 bed, 1 bath unit
- Central air conditioning and central heating in both Apartment 1 and Apartment 2
- Private driveway with parking for two cars
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 | $89.3k | $38.40 |
| − Vacancy | −$4.9k | −$2.11 |
| EGI | $84.4k | $36.29 |
| − OpEx | −$25.3k | −$10.89 |
| NOI | $59.1k | $25.40 |
2,325 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$843.7K
$738.2K – $984.3K
NOI $59,059 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$764.0K
$668.5K – $891.4K
NOI $53,483 @ 7.0% cap · market cap 5.78%
Theoretical Best
Warehouse
$1.61M
$1.41M – $1.88M
NOI $112,774 @ 7.0% cap · market cap 12.19%
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 - Two-unit residence with private two-car driveway and central heating and central air in both apartments.
Where is this duplex located?
The property is located at 2066 Cicero Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two‑family residence (built in 1987) with a top‑floor 3 bed, 2.5 bath unit and a ground‑floor 2 bed, 1 bath unit; Central air conditioning and central heating in both Apartment 1 and Apartment 2; Private driveway with parking for two cars
