Renovated
For Sale
$1,500,000
230 Kearney Avenue, Bronx, NY 10465
The two-family property includes a finished basement and outdoor space for additional household use.
Property Size3,366 SF
Price / SF$445.63
Days on Market27
Property Features for 230 Kearney Avenue
General Information
Standard status
Active
Size
3,366 SF
Total Parking Spaces
3
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,412
Amenities
outdoor space
finished basement
Granite Counters
Original Details
Building Details
Building Size
3,366 SF
Year Built
1960
Units
2
Listing Agency:
Exit Realty DKC
(718) 676-1371
Listed By:
Mohammad Sheruzzaman
(347) 209-5411
Source:
Jwsrealtygroup
Added: Sep 29
Changed: Oct 24
Last Checked: Oct 24 at 2:35PM
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
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Investment Insights
Based on property information with market context.
This renovated two-family duplex at 230 Kearney Avenue contains 3,366 square feet, with 7 bedrooms and 5 bathrooms. A finished basement adds interior space, and the property is to be delivered fully vacant.
The home was built in 1960 and includes outdoor space and a driveway with capacity for 3–4 cars. Its Bronx location is close to transportation, shopping, dining, and everyday amenities.
The home was built in 1960 and includes outdoor space and a driveway with capacity for 3–4 cars. Its Bronx location is close to transportation, shopping, dining, and everyday amenities.
Key Highlights
- Two‑family duplex with 7 bedrooms and 5 bathrooms
- 3,366 square feet; built in 1960
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,502
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,710,040
$1.7M
Cap Rate 7%
$1,221,457
$1.2M
Cap Rate 9%
$950,022
$950.0K
Market Conditions
NOI Build-Up for 3,366 SF
Gross rent
$129.3K $38.40/SF
− Vacancy
−$7.1K −$2.11/SF
EGI
$122.1K $36.29/SF
− OpEx
−$36.6K −$10.89/SF
NOI
$85.5K $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%
$1,710,040
Cap Rate 7%
$1,221,457
Cap Rate 9%
$950,022
Alternative Uses
Best Use
Multifamily LT 5
$1.22M
$1.07M – $1.43M
NOI $85,502 @ 7.0% cap · market cap 5.70%
Second Best
Apartment 5plus
$1.11M
$967.9K – $1.29M
NOI $77,430 @ 7.0% cap · market cap 5.16%
Theoretical Best
Warehouse
$2.33M
$2.04M – $2.72M
NOI $163,268 @ 7.0% cap · market cap 10.88%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
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Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
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 - The two-family property includes a finished basement and outdoor space for additional household use.
Where is this duplex located?
The property is located at 230 Kearney Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two‑family duplex with 7 bedrooms and 5 bathrooms; 3,366 square feet; built in 1960; Finished basement
