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2-Unit Duplex with Finished Basement

2304 Bassford Avenue, Bronx, NY 10458

For Sale
$899,999

Each apartment offers three bedrooms, with additional finished basement space.

Property Size2,960 SF
Price / SF$304.05
Days on Market166

Property Features for 2304 Bassford Avenue

General Information

Standard status Active
Size 2,960 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,813

Amenities

First Floor Bedroom
First Floor Full Bath
Open Floorplan
Open Kitchen

Building Details

Building Size 2,960 SF
Year Built 1901
Units 2
Listing Agency: Fuentes Realty LLC
Listed By: Alejandro Fuentes
Source: Clairedleone
Added: May 28 Changed: Nov 8 Last Checked: Nov 8 at 9:06PM

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 Fuentes Realty LLC

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Investment Insights

Based on property information with market context.

This 2,960-square-foot duplex contains two three-bedroom apartments and a finished basement. The property was built in 1901 and is located at 2304 Bassford Avenue in the Bronx’s Little Italy area.

Nearby transit options include the B, D, 2, 4, and 5 subway lines, Metro-North Railroad, and the Bx12 bus. The Bronx Zoo, New York Botanical Garden, and restaurants and cafes in Little Italy and along Fordham Road are also in the surrounding area.

Key Highlights

  • Two three‑bedroom apartments
  • 2,960 square feet; built in 1901
  • Finished basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,189
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,780 $1.5M
Cap Rate 7%
$1,074,129 $1.1M
Cap Rate 9%
$835,433 $835.4K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$113.7K $38.40/SF
− Vacancy
−$6.3K −$2.11/SF
EGI
$107.4K $36.29/SF
− OpEx
−$32.2K −$10.89/SF
NOI
$75.2K $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%
$1,503,780
Cap Rate 7%
$1,074,129
Cap Rate 9%
$835,433

Alternative Uses

Best Use
Multifamily LT 5
$1.07M
$939.9K – $1.25M (±1% cap)
NOI $75,189 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$972.7K
$851.1K – $1.13M (±1% cap)
NOI $68,091 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,865 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,700
Businesses Nearby

Demographics for 10458, NY

81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Bronx, NY

$416 Jul
$411 Aug
$408 Sep
$421 Oct

Properties on Market for Duplexes in Bronx

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each apartment offers three bedrooms, with additional finished basement space.
Where is this duplex located?
The property is located at 2304 Bassford Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Two three‑bedroom apartments; 2,960 square feet; built in 1901; Finished basement
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