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Brick Two-Family Duplex
For Sale
$999,999

2512 Maclay Avenue, Bronx, NY 10461

Delivered fully vacant with a private backyard and walk-out basement.

Days on Market13

Property Features for 2512 Maclay Avenue

General Information

Standard status Active
Property subtype Duplex

Additional Details

Highway Access Yes

Amenities

walk-out basement
private backyard

Building Details

Building Size 3,528 SF
Year Built 1910
Buildings 1
Construction brick
Listing Agency: Exit Realty DKC
Listed By: Imam Hasan
Source: Serhant
Added: Jul 20 Changed: Jul 31 Last Checked: Aug 1 at 11:10AM

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

Investment Insights

Based on property information with market context.

This fully brick, detached two-family property was built in 1910 and is delivered fully vacant. The first-floor residence includes 3 bedrooms with individual closets, 1 full bathroom, a separate living room, dining room, and bonus flex room. The second-floor residence offers 4 bedrooms with large closets, 1 full bathroom, a spacious living room, and kitchen. High ceilings, hardwood floors, large windows, and abundant natural light extend throughout the home.

A partially finished walk-out basement adds 1 bedroom, 1 full bathroom, kitchen cabinets, a laundry area, and its own exterior entrance. The property also includes a large private backyard accessible from the first floor and the side of the house. It is near the 6 subway line at Westchester Square-East Tremont Avenue, Bx4 and Bx40 bus routes, the Cross Bronx and Bruckner Expressways, Owen F. Dolen Park, and the Westchester Square shopping corridor.

Key Highlights

  • Fully brick, detached two‑family property built in 1910
  • Delivered fully vacant with two residential units
  • First‑floor unit includes 3 bedrooms and 1 full bathroom

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 $135.5k $38.40
− Vacancy −$7.5k −$2.11
EGI $128.0k $36.29
− OpEx −$38.4k −$10.89
NOI $89.6k $25.40
3,528 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,617 @ 7.0% cap · market cap 8.96%
Second Best
Apartment 5plus
$1.16M
$1.01M – $1.35M (±1% cap)
NOI $81,157 @ 7.0% cap · market cap 8.12%
Theoretical Best
Warehouse
$2.44M
$2.14M – $2.85M (±1% cap)
NOI $171,126 @ 7.0% cap · market cap 17.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Travel Agency Bed & Breakfast Restaurant Nursing Home Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,262
Businesses Nearby

Demographics for 10461, NY

54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Delivered fully vacant with a private backyard and walk-out basement.
Where is this duplex located?
The property is located at 2512 Maclay Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Fully brick, detached two‑family property built in 1910; Delivered fully vacant with two residential units; First‑floor unit includes 3 bedrooms and 1 full bathroom
More about this property
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