Two-Unit Duplex with
For Sale
$1,088,000
2430 Esplanade Avenue, Bronx, NY 10469
A private driveway and garage provide off-street parking and additional storage.
Property Size1,760 SF
Lot Size0.11 Acres
Price / SF$618.18
Days on Market55
Property Features for 2430 Esplanade Avenue
General Information
Standard status
Active
Size
1,760 SF
Lot size
0.11 Acres
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,796
Amenities
hardwood floors
stainless steel appliances
full finished basement
private driveway
garage
Eat-in Kitchen
Washer/Dryer Hookup
Building Details
Building Size
1,760 SF
Year Built
1935
Buildings
1
Units
2
Listing Agency:
Keller Williams Realty NYC Grp
(718) 697-6800
Listed By:
Vincent Ferrante · License #40FE0934366
(914) 902-3247
Source:
Clairedleone
Added: Sep 7
Changed: Oct 29
Last Checked: Oct 29 at 7:58PM
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 Keller Williams Realty NYC Grp
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Investment Insights
Based on property information with market context.
Built in 1935, this duplex contains two residential units, each configured with two bedrooms. The property totals 1,760 square feet on a 50-by-100-foot lot. Hardwood floors and stainless steel appliances are among the interior features, and the building includes a full finished basement.
A private driveway and garage offer off-street parking and additional storage. The property is located at 2430 Esplanade Avenue in the Bronx.
A private driveway and garage offer off-street parking and additional storage. The property is located at 2430 Esplanade Avenue in the Bronx.
Key Highlights
- Two residential units, each with two bedrooms
- 1,760 square feet on a 50‑by‑100‑foot lot
- Full finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,707
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$894,140
$894.1K
Cap Rate 7%
$638,671
$638.7K
Cap Rate 9%
$496,744
$496.7K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$67.6K $38.40/SF
− Vacancy
−$3.7K −$2.11/SF
EGI
$63.9K $36.29/SF
− OpEx
−$19.2K −$10.89/SF
NOI
$44.7K $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%
$894,140
Cap Rate 7%
$638,671
Cap Rate 9%
$496,744
Alternative Uses
Best Use
Multifamily LT 5
$638.7K
$558.8K – $745.1K
NOI $44,707 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$578.4K
$506.1K – $674.8K
NOI $40,486 @ 7.0% cap · market cap 3.72%
Theoretical Best
Warehouse
$1.22M
$1.07M – $1.42M
NOI $85,369 @ 7.0% cap · market cap 7.85%
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
3,044
Businesses Nearby
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Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
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 - A private driveway and garage provide off-street parking and additional storage.
Where is this duplex located?
The property is located at 2430 Esplanade Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,088,000.
What are key features of this property?
This property features: Two residential units, each with two bedrooms; 1,760 square feet on a 50‑by‑100‑foot lot; Full finished basement
