Duplex Property with Finished
New
For Sale
$1,200,000
2272 Sedgwick Avenue, Bronx, NY 10468
Two residential layouts offer flexible living space, a finished basement, and private off-street parking.
Property Size2,030 SF
Days on Market4
Property Features for 2272 Sedgwick Avenue
General Information
Standard status
Active
Size
2,030 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$4,037
Building Details
Building Size
2,030 SF
Year Built
1901
Units
2
Listing Agency:
WW Realty Group Inc
(917) 319-8892
Listed By:
Eyal Sagi · License #10311209735
(917) 319-8892
Source:
Cohenandcohenrealty
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 14 at 2:08PM
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 WW Realty Group Inc
Investment Insights
Based on property information with market context.
Located at 2272 Sedgwick Avenue in the University Heights neighborhood of the Bronx, this duplex property includes two separate residential layouts. The first level contains a three-bedroom, two-bathroom residence, while the upper floors form a five-bedroom, two-bathroom duplex. In total, the building provides eight bedrooms and four full bathrooms across approximately 2,030 square feet of building area.
A finished basement adds space for recreation, storage, or other uses subject to local regulations and buyer verification. The property occupies an approximately 3,559-square-foot lot and includes a private driveway for off-street parking. Built in 1901, it is positioned near shopping, restaurants, schools, parks, public transportation, and major highways.
A finished basement adds space for recreation, storage, or other uses subject to local regulations and buyer verification. The property occupies an approximately 3,559-square-foot lot and includes a private driveway for off-street parking. Built in 1901, it is positioned near shopping, restaurants, schools, parks, public transportation, and major highways.
Key Highlights
- Two residential layouts: a three‑bedroom, two‑bathroom first‑floor residence and a five‑bedroom, two‑bathroom upper‑level duplex
- Approximately 2,030 square feet of building area on an approximately 3,559‑square‑foot lot
- Eight bedrooms and four full bathrooms in total
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,565
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,031,300
$1.0M
Cap Rate 7%
$736,643
$736.6K
Cap Rate 9%
$572,944
$572.9K
Market Conditions
NOI Build-Up for 2,030 SF
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.
Gross rent
$78.0K $38.40/SF
− Vacancy
−$4.3K −$2.11/SF
EGI
$73.7K $36.29/SF
− OpEx
−$22.1K −$10.89/SF
NOI
$51.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,031,300
Cap Rate 7%
$736,643
Cap Rate 9%
$572,944
Alternative Uses
Best Use
Multifamily LT 5
$736.6K
$644.6K – $859.4K
NOI $51,565 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$667.1K
$583.7K – $778.3K
NOI $46,697 @ 7.0% cap · market cap 3.89%
Theoretical Best
Warehouse
$1.41M
$1.23M – $1.64M
NOI $98,465 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,017
Businesses Nearby
Explore this area
Business Placement
Demographics for 10468, NY
78,238
Population
29,553
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
72%
High-School Grad
1.0 sq mi
ZIP Area
78,238
Density / Sq Mi
$46,624
Median Household Income
$29,914
Median Earnings
$1,594
Median Rent
$259,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential layouts offer flexible living space, a finished basement, and private off-street parking.
Where is this duplex located?
The property is located at 2272 Sedgwick Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two residential layouts: a three‑bedroom, two‑bathroom first‑floor residence and a five‑bedroom, two‑bathroom upper‑level duplex; Approximately 2,030 square feet of building area on an approximately 3,559‑square‑foot lot; Eight bedrooms and four full bathrooms in total
