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Two-Family Duplex with Driveway
For Sale
$850,000

2535 Hollers Avenue, Bronx, NY 10475

A separate one-bedroom apartment complements the primary three-bedroom residence and supports flexible occupancy.

Property Size1,836 SF
Price / SF$462.96
Days on Market17

Property Features for 2535 Hollers Avenue

General Information

Standard status Active
Size 1,836 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,735

Amenities

First Floor Bedroom
First Floor Full Bath
Built-in Features
Eat-in Kitchen
High Ceilings
High Speed Internet
Kitchen Island
Natural Woodwork
Open Kitchen
Recessed Lighting
Storage
Walk Through Kitchen

Building Details

Building Size 1,836 SF
Year Built 1965
Units 2
Listing Agency: Charles Rutenberg Realty, Inc.
Listed By: Fremio X. Zucco
Source: Croninreale
Added: Oct 8 Changed: Oct 23 Last Checked: Oct 23 at 5:20PM

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 Charles Rutenberg Realty, Inc.

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Investment Insights

Based on property information with market context.

This legal two-family attached home contains 1,836 square feet. The primary residence has three bedrooms and one-and-a-half bathrooms, while a separate unit offers one bedroom and one bathroom. A finished backyard provides outdoor space, and a private driveway offers off-street parking.

The property is near I-95, also known as the New England Thruway, and the Hutchinson River Parkway, with access to other major roadways. Built in 1965, it is located in the East Bronx.

Key Highlights

  • Legal two‑family attached home with a separate one‑bedroom, one‑bathroom unit
  • 1,836 square feet; primary residence has three bedrooms and one‑and‑a‑half bathrooms
  • Private driveway provides off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,637
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,740 $932.7K
Cap Rate 7%
$666,243 $666.2K
Cap Rate 9%
$518,189 $518.2K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$70.5K $38.40/SF
− Vacancy
−$3.9K −$2.11/SF
EGI
$66.6K $36.29/SF
− OpEx
−$20.0K −$10.89/SF
NOI
$46.6K $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%
$932,740
Cap Rate 7%
$666,243
Cap Rate 9%
$518,189

Alternative Uses

Best Use
Multifamily LT 5
$666.2K
$583.0K – $777.3K (±1% cap)
NOI $46,637 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$603.4K
$527.9K – $703.9K (±1% cap)
NOI $42,235 @ 7.0% cap · market cap 4.97%
Theoretical Best
Warehouse
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $89,055 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,043
Businesses Nearby

Demographics for 10475, NY

42,609
Population
19,333
Households
2.2
Avg Household Size
49
Median Age
28%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
35,508
Density / Sq Mi
$62,383
Median Household Income
$46,476
Median Earnings
$1,221
Median Rent
$31,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - A separate one-bedroom apartment complements the primary three-bedroom residence and supports flexible occupancy.
Where is this duplex located?
The property is located at 2535 Hollers Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Legal two‑family attached home with a separate one‑bedroom, one‑bathroom unit; 1,836 square feet; primary residence has three bedrooms and one‑and‑a‑half bathrooms; Private driveway provides off‑street parking
More about this property
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