Brick Duplex with Finished
For Sale
$2,200,000
210 W 179th Street, Bronx, NY 10453
Two apartments sit above a finished walkout basement with a separate entrance and private driveway parking.
Property Size4,065 SF
Lot Size0.16 Acres
Price / SF$541.21
Days on Market12
Property Features for 210 W 179th Street
General Information
Standard status
Active
Size
4,065 SF
Lot size
0.16 Acres
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$6,140
Amenities
private driveway
detached garage
finished walkout basement
Finished,Full,Walk-Out Access
2
Yes
9
Storage
Finished, Full, Walk-Out Access
Public
No
Driveway, Garage
4065
Building Details
Building Size
4,065 SF
Year Built
1910
Listing Agency:
RE/MAX Distinguished Hms.&Prop
(516) 703-2918
Listed By:
Josephine Nicolosi
Source:
Hedgestonehomes
Added: Oct 20
Changed: Oct 28
Last Checked: Oct 28 at 9:18AM
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
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Investment Insights
Based on property information with market context.
This detached brick duplex contains two apartments: a four-bedroom, one-bath unit above a three-bedroom, one-bath unit. A finished walkout basement has its own entrance, and the property also includes a detached one-car garage. The site measures 70 by 100 feet and is zoned R5.
A private driveway provides parking for more than 20 cars.
A private driveway provides parking for more than 20 cars.
Key Highlights
- Two apartments: 4 bedrooms and 1 full bath upstairs; 3 bedrooms and 1 full bath below
- Finished walkout basement with separate entrance
- 70 x 100‑foot lot, zoned R5
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,967
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,039,340
$2.0M
Cap Rate 7%
$1,456,671
$1.5M
Cap Rate 9%
$1,132,967
$1.1M
Market Conditions
NOI Build-Up for 4,065 SF
Gross rent
$153.7K $37.80/SF
− Vacancy
−$8.0K −$1.97/SF
EGI
$145.7K $35.83/SF
− OpEx
−$43.7K −$10.75/SF
NOI
$102.0K $25.08/SF
Area
ZIP 10453
Vacancy
5.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,039,340
Cap Rate 7%
$1,456,671
Cap Rate 9%
$1,132,967
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.27M – $1.70M
NOI $101,967 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$1.35M
$1.19M – $1.58M
NOI $94,800 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,579 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
5,995
Businesses Nearby
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Business Placement
Demographics for 10453, NY
81,951
Population
28,801
Households
2.8
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
0.9 sq mi
ZIP Area
91,057
Density / Sq Mi
$35,482
Median Household Income
$30,097
Median Earnings
$1,393
Median Rent
$580,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments sit above a finished walkout basement with a separate entrance and private driveway parking.
Where is this duplex located?
The property is located at 210 W 179th Street Bronx, NY.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two apartments: 4 bedrooms and 1 full bath upstairs; 3 bedrooms and 1 full bath below; Finished walkout basement with separate entrance; 70 x 100‑foot lot, zoned R5
