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Bronx Duplex Townhouse Opportunity

2307 Cambreleng Avenue Bronx, NY 10458

2307 Cambreleng Avenue, Bronx, NY, 10458
$484,900
Pending
For Sale
$484,900
Pending

MULTI_FAMILY - Bronx, NY

Property Size1,575 SF
Lot Size0.04 Acres
Days on Market62

Property Features for 2307 Cambreleng Avenue

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bathroom 1, Bathroom 2
Interior features
First Floor Bedroom, First Floor Full Bath
Basement
Finished
Standard status
Pending
APN
03088-0045
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
4037

Utilities

Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public

Building Details

Year built
1925
Number of units
2
Building materials
Frame, Stucco
Listing agency River Realty Services, Inc.
Listed by Joseph Kuhl · License #10301220943
Added: May 22 Updated: Jul 17 at 9:21PM Checked: Jul 22 at 11:06AM
MLS# 1003849

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This vacant 1,575 sq ft duplex townhouse is located blocks from Arthur Avenue in the Bronx. Situated in an R7 1 zone, the property presents a value-add opportunity. The property requires renovation, with potential for expansion or redevelopment. The current layout features two units. Unit 1 includes two levels with 2 bedrooms, a living room with a fireplace, a kitchen, and a full bath. Unit 2 is an upper-level 1 bedroom unit with a living room, kitchen, and bath. The property is located in a vibrant neighborhood.

Key Highlights

  • Vacant 1,575 sq ft duplex townhouse just blocks from Arthur Avenue and the heart of Little Italy
  • Unit 1 is two levels with 2 bedrooms, living room with fireplace, kitchen, and full bath
  • Unit 2 is an upper‑level 1‑bedroom unit with living room, kitchen, and bath

Local 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 $60.5k $38.40
− Vacancy −$3.3k −$2.11
EGI $57.2k $36.29
− OpEx −$17.1k −$10.89
NOI $40.0k $25.40
1,575 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$571.5K
$500.1K – $666.8K (±1% cap)
NOI $40,008 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$517.6K
$452.9K – $603.9K (±1% cap)
NOI $36,231 @ 7.0% cap · market cap 7.47%
Theoretical Best
Warehouse
$1.09M
$955.0K – $1.27M (±1% cap)
NOI $76,396 @ 7.0% cap · market cap 15.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Gym & Fitness Center Acupuncture HVAC Service Skin Care Clinic Tech Support Center Carpet & Flooring Store Nursing Home Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Vacant duplex near Arthur Avenue, offering renovation or redevelopment potential.
Where is this duplex located?
The property is located at 2307 Cambreleng Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $484,900.
What are key features of this property?
This property features: Vacant 1,575 sq ft duplex townhouse just blocks from Arthur Avenue and the heart of Little Italy; Unit 1 is two levels with 2 bedrooms, living room with fireplace, kitchen, and full bath; Unit 2 is an upper‑level 1‑bedroom unit with living room, kitchen, and bath
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More about this property
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