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Duplex with Terrace
New
For Sale
$1,178,000

2539 Woodhull Avenue, Bronx, NY 10469

A separate one-bedroom rental apartment complements the main residence, with a private yard and attached garage.

Property Size3,200 SF
Lot Size0.11 Acres
Price / SF$368.13
Days on Market2

Property Features for 2539 Woodhull Avenue

General Information

Standard status Active
Size 3,200 SF
Lot size 0.11 Acres
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,000

Amenities

central air conditioning
hardwood floors
terrace
attic storage
Hardwood,Tile
4
No
Yes
Eat-in Kitchen,Entrance Foyer,Primary Bathroom,Recessed Lighting,Storage
Public
2
Attached
Slab
3200

Building Details

Building Size 3,200 SF
Year Built 1960
Construction brick split-level
Listing Agency: Morris Park Realty Group
Listed By: Geralda Desir
Source: Goldcrestrealtygrp
Added: Oct 31 Last Checked: Oct 31 at 2:27PM

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 Morris Park Realty Group

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Investment Insights

Based on property information with market context.

Built in 1960, this 3,200-square-foot duplex occupies a 5,000-square-foot corner property. The main residence includes a sunken family room with backyard access, a living room, eat-in kitchen, terrace, multiple bedrooms, and a full attic for storage. Hardwood floors, central AC, gas heat, and cast-iron baseboard heating are among the interior features. An attached one-car garage and private driveway provide on-site parking.

The side apartment has a living room, eat-in kitchen, one bedroom, and a full bathroom. The property is in the Pelham Gardens section of the Bronx, with access to major highways, retail stores, parks, schools, and public transportation.

Key Highlights

  • 3,200‑square‑foot duplex on a 5,000‑square‑foot corner property
  • Separate side apartment with one bedroom and a full bathroom
  • Terrace overlooking the garden

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$81,285
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,625,700 $1.6M
Cap Rate 7%
$1,161,214 $1.2M
Cap Rate 9%
$903,167 $903.2K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$122.9K $38.40/SF
− Vacancy
−$6.8K −$2.11/SF
EGI
$116.1K $36.29/SF
− OpEx
−$34.8K −$10.89/SF
NOI
$81.3K $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%
$1,625,700
Cap Rate 7%
$1,161,214
Cap Rate 9%
$903,167

Alternative Uses

Best Use
Multifamily LT 5
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,285 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$1.05M
$920.2K – $1.23M (±1% cap)
NOI $73,612 @ 7.0% cap · market cap 6.25%
Theoretical Best
Warehouse
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,216 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,880
Businesses Nearby

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
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 rental apartment complements the main residence, with a private yard and attached garage.
Where is this duplex located?
The property is located at 2539 Woodhull Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,178,000.
What are key features of this property?
This property features: 3,200‑square‑foot duplex on a 5,000‑square‑foot corner property; Separate side apartment with one bedroom and a full bathroom; Terrace overlooking the garden
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