Legal Two-Family Brick
253 Robinson Avenue Bronx, NY 10465
253 Robinson Avenue, Bronx, NY, 10465
$1,110,000
For Sale
$1,110,000
Two-family brick home with separate gas meters, updated major systems, private driveway, and large backyard.
Property Size2,520 SF
Price / SF$440.48
Days on Market18
Property Features for 253 Robinson Avenue
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1965
Listing agency
Voro LLC
(877) 943-8676
Listed by
Abraham Ortiz PSA SFR
(877) 943-8676
Source
Compass
Added: Jul 6 Updated: Jul 22 at 12:06PM Checked: Jul 22 at 12:06PM
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 Voro LLC
Investment Insights
Based on property information with market context.
A legal two-family brick home offering three levels of living space. The ground floor includes a 1-bedroom, 1-bath unit with direct access to a large backyard, with flexibility to serve as recreation or guest space, or be combined with the second floor to create a duplex configuration. The second floor provides 2 bedrooms and 1 bathroom, and the third floor features 3 bedrooms and 1 bathroom.
Mechanical systems are described as in excellent shape, including a brand-new furnace and an updated hot water heater (2018). Electrical service is provided with 100 amps for each floor, and there are 2 separate gas meters. Exterior amenities include a private driveway accommodating up to 4 cars and a large backyard.
The property is on a quiet street, with Bx40 and Bx42 bus service running along East Tremont Avenue a few blocks away. Throggs Neck Shopping Center with Target, TJ Maxx, and Petco is minutes away, and nearby parks include Ferry Point Park and Bicentennial Veterans Memorial Park. Drivers have quick access to major Bronx expressways and parkways, and the Throgs Neck and Whitestone Bridges connect to Queens and Long Island.
Mechanical systems are described as in excellent shape, including a brand-new furnace and an updated hot water heater (2018). Electrical service is provided with 100 amps for each floor, and there are 2 separate gas meters. Exterior amenities include a private driveway accommodating up to 4 cars and a large backyard.
The property is on a quiet street, with Bx40 and Bx42 bus service running along East Tremont Avenue a few blocks away. Throggs Neck Shopping Center with Target, TJ Maxx, and Petco is minutes away, and nearby parks include Ferry Point Park and Bicentennial Veterans Memorial Park. Drivers have quick access to major Bronx expressways and parkways, and the Throgs Neck and Whitestone Bridges connect to Queens and Long Island.
Key Highlights
- Legal two‑family brick home built in 1965 with finished full walk‑out basement
- Ground‑floor unit: 1 bedroom, 1 bathroom with direct access to the large backyard
- Second floor: 2 bedrooms and 1 bathroom; third floor: 3 bedrooms and 1 bathroom
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 | $96.8k | $38.40 |
| − Vacancy | −$5.3k | −$2.11 |
| EGI | $91.4k | $36.29 |
| − OpEx | −$27.4k | −$10.89 |
| NOI | $64.0k | $25.40 |
2,520 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$914.5K
$800.2K – $1.07M
NOI $64,012 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$828.1K
$724.6K – $966.2K
NOI $57,969 @ 7.0% cap · market cap 5.22%
Theoretical Best
Warehouse
$1.75M
$1.53M – $2.04M
NOI $122,233 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family brick home with separate gas meters, updated major systems, private driveway, and large backyard.
Where is this duplex located?
The property is located at 253 Robinson Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,110,000.
What are key features of this property?
This property features: Legal two‑family brick home built in 1965 with finished full walk‑out basement; Ground‑floor unit: 1 bedroom, 1 bathroom with direct access to the large backyard; Second floor: 2 bedrooms and 1 bathroom; third floor: 3 bedrooms and 1 bathroom
