Duplex with
New
For Sale
$829,999
2544 Bronxwood Avenue, Bronx, NY 10469
Two residential units offer separate bedroom and bathroom configurations, with garage and driveway parking.
Property Size1,960 SF
Price / SF$423.47
Days on Market5
Property Features for 2544 Bronxwood Avenue
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Duplex
Units
Unit Mix
3BR/1BA, 1BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,802
Amenities
garage
driveway
backyard
enclosed sunroom/porch
Building Details
Building Size
1,960 SF
Year Built
1950
Listing Agency:
YourHomeSold Guaranteed Realty
Listed By:
Larrisa O'Keiffe · License #10401273480
(347) 876-2829
Source:
Shawmetro
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 6:11PM
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 YourHomeSold Guaranteed Realty
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Investment Insights
Based on property information with market context.
This 1,960-square-foot duplex, built in 1950, contains two residential units. The upper unit has three bedrooms and one bathroom; the ground-floor unit has one bedroom and one bathroom. Interior updates include hardwood flooring, a kitchen backsplash, and stainless steel appliances. The property also includes a garage, driveway, backyard, and enclosed sunroom or porch.
The roof was replaced in 2024, and the boiler was recently serviced. The home is occupied and is to be delivered vacant. The sale is as-is.
The roof was replaced in 2024, and the boiler was recently serviced. The home is occupied and is to be delivered vacant. The sale is as-is.
Key Highlights
- Two‑family duplex with 3 bedrooms and 1 bathroom upstairs, plus 1 bedroom and 1 bathroom on the ground floor
- 1,960 square feet; built in 1950
- Garage and driveway parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,787
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$995,740
$995.7K
Cap Rate 7%
$711,243
$711.2K
Cap Rate 9%
$553,189
$553.2K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$75.3K $38.40/SF
− Vacancy
−$4.1K −$2.11/SF
EGI
$71.1K $36.29/SF
− OpEx
−$21.3K −$10.89/SF
NOI
$49.8K $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%
$995,740
Cap Rate 7%
$711,243
Cap Rate 9%
$553,189
Alternative Uses
Best Use
Multifamily LT 5
$711.2K
$622.3K – $829.8K
NOI $49,787 @ 7.0% cap · market cap 6.00%
Second Best
Apartment 5plus
$644.1K
$563.6K – $751.5K
NOI $45,087 @ 7.0% cap · market cap 5.43%
Theoretical Best
Warehouse
$1.36M
$1.19M – $1.58M
NOI $95,070 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,850
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate bedroom and bathroom configurations, with garage and driveway parking.
Where is this duplex located?
The property is located at 2544 Bronxwood Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $829,999.
What are key features of this property?
This property features: Two‑family duplex with 3 bedrooms and 1 bathroom upstairs, plus 1 bedroom and 1 bathroom on the ground floor; 1,960 square feet; built in 1950; Garage and driveway parking
