Brick Duplex With Private
New
For Sale
$745,000
2074 Turnbull Ave The, Bronx, NY 10473
Two separate residences offer distinct layouts, outdoor space, and a built-in garage.
Property Size1,782 SF
Days on Market4
Property Features for 2074 Turnbull Ave The
General Information
Standard status
Active
Size
1,782 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,701
Building Details
Building Size
1,782 SF
Year Built
1945
Buildings
1
Stories
2
Construction
brick
Listing Agency:
Metro Realty Professionals
Listed By:
Jian (Carey) Yang
(718) 838-2600
Source:
Elliman
Added: Oct 16
Last Checked: Oct 19 at 6:48AM
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 Metro Realty Professionals
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Investment Insights
Based on property information with market context.
This 1945 brick duplex property contains two residences. The lower-level unit has a living room, modern kitchen, three-quarter bath, and access to a large backyard. The upper duplex spans the second and top floors: its main level includes a living room, formal dining room, kitchen, and half bath, while the upper level has three bedrooms.
A private driveway leads to a built-in garage. The property is in the Bronx, minutes from local shopping and restaurants. Transit, walking, and biking scores are 64, 69, and 74, respectively.
A private driveway leads to a built-in garage. The property is in the Bronx, minutes from local shopping and restaurants. Transit, walking, and biking scores are 64, 69, and 74, respectively.
Key Highlights
- Two‑family brick home built in 1945
- Lower‑level residence includes a living room, kitchen, three‑quarter bath, and backyard access
- Upper duplex has three bedrooms, a formal dining room, and a half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,266
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,320
$905.3K
Cap Rate 7%
$646,657
$646.7K
Cap Rate 9%
$502,956
$503.0K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$68.4K $38.40/SF
− Vacancy
−$3.8K −$2.11/SF
EGI
$64.7K $36.29/SF
− OpEx
−$19.4K −$10.89/SF
NOI
$45.3K $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%
$905,320
Cap Rate 7%
$646,657
Cap Rate 9%
$502,956
Alternative Uses
Best Use
Multifamily LT 5
$646.7K
$565.8K – $754.4K
NOI $45,266 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$585.6K
$512.4K – $683.2K
NOI $40,992 @ 7.0% cap · market cap 5.50%
Theoretical Best
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,436 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,659
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer distinct layouts, outdoor space, and a built-in garage.
Where is this duplex located?
The property is located at 2074 Turnbull Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Two‑family brick home built in 1945; Lower‑level residence includes a living room, kitchen, three‑quarter bath, and backyard access; Upper duplex has three bedrooms, a formal dining room, and a half bath
