Brick Duplex With Private
For Sale
$899,000
Pending
2539 Yates Avenue, Bronx, NY 10469
Attached brick construction includes four bedrooms, a finished basement, and off-street parking.
Property Size1,881 SF
Lot Size0.04 Acres
Days on Market49
Property Features for 2539 Yates Avenue
General Information
Standard status
Pending
Size
1,881 SF
Lot size
0.04 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,642
Amenities
garage
driveway
finished basement
Building Details
Building Size
1,881 SF
Year Built
1945
Buildings
1
Construction
brick
Listing Agency:
WW Realty Group Inc
Listed By:
Eyal Sagi · License #10311209735
(917) 319-8892
Source:
Shawmetro
Added: Aug 19
Changed: Sep 25
Last Checked: Oct 5 at 9:59PM
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 WW Realty Group Inc
Investment Insights
Based on property information with market context.
This fully brick attached duplex contains approximately 1,881 square feet of building space on a 1,908-square-foot lot. The lower walk-in apartment has one bedroom, a kitchen, and one full bathroom, while the upper duplex provides three bedrooms and one full bathroom. A finished basement adds flexible interior area for recreation, storage, or office use, subject to applicable regulations.
Private parking is provided through both a garage and driveway. The property is located on Yates Avenue in the Laconia section of the Bronx, near local stores, schools, public transportation, and everyday neighborhood services. Built in 1945, the residence combines a two-level multi-unit layout with additional basement space and dedicated off-street parking.
Private parking is provided through both a garage and driveway. The property is located on Yates Avenue in the Laconia section of the Bronx, near local stores, schools, public transportation, and everyday neighborhood services. Built in 1945, the residence combines a two-level multi-unit layout with additional basement space and dedicated off-street parking.
Key Highlights
- Approximately 1,881 square feet of building space
- 1,908‑square‑foot lot
- Four bedrooms and two full bathrooms across the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,780
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$955,600
$955.6K
Cap Rate 7%
$682,571
$682.6K
Cap Rate 9%
$530,889
$530.9K
Market Conditions
NOI Build-Up for 1,881 SF
Gross rent
$72.2K $38.40/SF
− Vacancy
−$4.0K −$2.11/SF
EGI
$68.3K $36.29/SF
− OpEx
−$20.5K −$10.89/SF
NOI
$47.8K $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%
$955,600
Cap Rate 7%
$682,571
Cap Rate 9%
$530,889
Alternative Uses
Best Use
Multifamily LT 5
$682.6K
$597.3K – $796.3K
NOI $47,780 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$618.1K
$540.9K – $721.2K
NOI $43,270 @ 7.0% cap · market cap 4.81%
Theoretical Best
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,238 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,933
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Attached brick construction includes four bedrooms, a finished basement, and off-street parking.
Where is this duplex located?
The property is located at 2539 Yates Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 1,881 square feet of building space; 1,908‑square‑foot lot; Four bedrooms and two full bathrooms across the building
