Two-Family Brick Home with Vacant
For Sale
$1,050,000
2132 Edenwald Avenue, Bronx, NY 10466
Two separate tax lots sold together, including a two-family brick home and an adjacent vacant lot.
Property Size3,177 SF
Price / SF$330.50
Days on Market72
Property Features for 2132 Edenwald Avenue
General Information
Standard status
Active
Size
3,177 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
Exit Realty DKC
(718) 676-1371
Listed By:
Jarel Carroll
(718) 676-1371
Source:
Compass
Added: May 22
Changed: Jul 21
Last Checked: Aug 1 at 12:06PM
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 Exit Realty DKC
Investment Insights
Based on property information with market context.
Offered as a package, this property includes two separately deeded tax lots with separate addresses: 2132 Edenwald Avenue and 2134 Edenwald Avenue. The 2132 Edenwald Avenue site features a two-family brick home with approximately 3,177 square feet of living space, including two 3-bedroom apartments, generous kitchen and dining areas, high ceilings, and a finished basement. The home also includes a private driveway and a detached garage.
The adjacent lot at 2134 Edenwald Avenue is a vacant 25' x 100' parcel, separately deeded. The property is being sold as-is with tenants in place, and current rental income is reported as $5,200 per month.
This is a straightforward income-producing multifamily offering, paired with an adjacent vacant lot that may support future use or expansion plans, depending on buyer objectives.
The adjacent lot at 2134 Edenwald Avenue is a vacant 25' x 100' parcel, separately deeded. The property is being sold as-is with tenants in place, and current rental income is reported as $5,200 per month.
This is a straightforward income-producing multifamily offering, paired with an adjacent vacant lot that may support future use or expansion plans, depending on buyer objectives.
Key Highlights
- Two separate tax lots sold together: 2132 Edenwald Ave and 2134 Edenwald Ave
- 2132 Edenwald Ave: two‑family brick home with approx. 3,177 sq. ft., featuring 6 bedrooms and 2 bathrooms
- Finished basement plus hardwood flooring throughout the home
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 | $122.0k | $38.40 |
| − Vacancy | −$6.7k | −$2.11 |
| EGI | $115.3k | $36.29 |
| − OpEx | −$34.6k | −$10.89 |
| NOI | $80.7k | $25.40 |
3,177 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.35M
NOI $80,701 @ 7.0% cap · market cap 7.69%
Second Best
Apartment 5plus
$1.04M
$913.5K – $1.22M
NOI $73,083 @ 7.0% cap · market cap 6.96%
Theoretical Best
Warehouse
$2.20M
$1.93M – $2.57M
NOI $154,101 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Explore this area
Business Placement
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate tax lots sold together, including a two-family brick home and an adjacent vacant lot.
Where is this duplex located?
The property is located at 2132 Edenwald Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two separate tax lots sold together: 2132 Edenwald Ave and 2134 Edenwald Ave; 2132 Edenwald Ave: two‑family brick home with approx. 3,177 sq. ft., featuring 6 bedrooms and 2 bathrooms; Finished basement plus hardwood flooring throughout the home
