Renovated Two-Family
For Sale
$1,179,000
2227 Chatterton Ave, Bronx, NY 10472
Residential Income, Bronx, NY
Property Size3,000 SF
Price / SF$393
Days on Market51
Property Features for 2227 Chatterton Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential
Bedrooms
10
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 10, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 9, Bedroom 4, Bedroom 7, Bedroom 8, Bedroom 2
Subdivision
East Bronx
Standard status
Active
Size
3,000 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6400
Utilities
Water source
Public
Amenities
stainless steel appliances
washer and dryer
granite countertops
backyard
Building Details
Year built
1920
Floors in Building
2
Building materials
Aluminum
Roof type
Flat
Buildings
1
Listing Agency:
COUNTRYWIDE REAL ESTATE INC
(718) 863-2900
Listed By:
Harry Sanichara
Added: Sep 11
Changed: Oct 28
Last Checked: Oct 31 at 2:06AM
MLS# 11975679
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This renovated two-family duplex offers 3,000 square feet with a 7-room upper level over a 6-room lower level. The property includes a full finished basement, new stainless steel appliances, a washer and dryer, and granite countertops. A backyard adds outdoor space, while the flat roof and aluminum construction provide identifiable building features. Built in 1920, the property is served by public water.
Located at 2227 Chatterton Ave in the Bronx, the home is near train and bus stops, shopping, and other neighborhood services. The two-family configuration, substantial room count, finished basement, and updated interior components provide a practical residential income property profile.
Located at 2227 Chatterton Ave in the Bronx, the home is near train and bus stops, shopping, and other neighborhood services. The two-family configuration, substantial room count, finished basement, and updated interior components provide a practical residential income property profile.
Key Highlights
- 3,000‑square‑foot two‑family duplex
- 7 rooms over 6 rooms
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,205
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,524,100
$1.5M
Cap Rate 7%
$1,088,643
$1.1M
Cap Rate 9%
$846,722
$846.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$115.2K $38.40/SF
− Vacancy
−$6.3K −$2.11/SF
EGI
$108.9K $36.29/SF
− OpEx
−$32.7K −$10.89/SF
NOI
$76.2K $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%
$1,524,100
Cap Rate 7%
$1,088,643
Cap Rate 9%
$846,722
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$952.6K – $1.27M
NOI $76,205 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$985.9K
$862.6K – $1.15M
NOI $69,011 @ 7.0% cap · market cap 5.85%
Theoretical Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,515 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,469
Businesses Nearby
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Business Placement
Demographics for 10472, NY
72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
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 - Renovated two-family property with updated appliances, granite countertops, a finished basement, and a backyard.
Where is this duplex located?
The property is located at 2227 Chatterton Ave Bronx, NY.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: 3,000‑square‑foot two‑family duplex; 7 rooms over 6 rooms; Full finished basement
