Duplex with Finished
For Sale
$745,000
2657 Briggs Avenue, Bronx, NY 10458
A legal two-family residence includes a finished attic, separate-entry basement, and private backyard.
Property Size1,378 SF
Price / SF$540.64
Days on Market157
Property Features for 2657 Briggs Avenue
General Information
Standard status
Active
Size
1,378 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 4BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,668
Amenities
private backyard
First Floor Bedroom
Building Details
Building Size
1,378 SF
Year Built
1925
Buildings
1
Units
2
Listing Agency:
Z Squared Realty Group
Listed By:
Sayar Uddin
(919) 637-3842
Source:
Clairedleone
Added: May 28
Changed: Oct 30
Last Checked: Oct 29 at 7:48PM
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 Z Squared Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 2657 Briggs Avenue in the Bronx, this legal two-family residence was built in 1925. The first-floor apartment has two bedrooms, a living area, kitchen, and full bathroom. The upper residence spans the second floor and finished attic, with four bedrooms, a full bathroom, and an additional bonus room. A finished basement with its own entrance and full bathroom adds further interior space.
A private backyard is part of the property. Public transportation, shopping, schools, parks, and major highways are nearby. The neighboring property at 2661 Briggs Avenue is also offered for sale, providing an option to consider the two properties together.
A private backyard is part of the property. Public transportation, shopping, schools, parks, and major highways are nearby. The neighboring property at 2661 Briggs Avenue is also offered for sale, providing an option to consider the two properties together.
Key Highlights
- Legal two‑family residence built in 1925
- First‑floor apartment with two bedrooms, living area, kitchen, and full bathroom
- Upper‑level layout includes four bedrooms, a full bathroom, and a bonus room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,003
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,060
$700.1K
Cap Rate 7%
$500,043
$500.0K
Cap Rate 9%
$388,922
$388.9K
Market Conditions
NOI Build-Up for 1,378 SF
Gross rent
$52.9K $38.40/SF
− Vacancy
−$2.9K −$2.11/SF
EGI
$50.0K $36.29/SF
− OpEx
−$15.0K −$10.89/SF
NOI
$35.0K $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%
$700,060
Cap Rate 7%
$500,043
Cap Rate 9%
$388,922
Alternative Uses
Best Use
Multifamily LT 5
$500.0K
$437.5K – $583.4K
NOI $35,003 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$452.8K
$396.2K – $528.3K
NOI $31,699 @ 7.0% cap · market cap 4.25%
Theoretical Best
Warehouse
$954.9K
$835.5K – $1.11M
NOI $66,840 @ 7.0% cap · market cap 8.97%
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
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,321
Businesses Nearby
Explore this area
Business Placement
Demographics for 10458, NY
81,299
Population
30,592
Households
2.7
Avg Household Size
32
Median Age
16%
College-Educated
68%
High-School Grad
1.2 sq mi
ZIP Area
67,749
Density / Sq Mi
$42,107
Median Household Income
$29,596
Median Earnings
$1,548
Median Rent
$515,700
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
Frequently Asked Questions
What type of property is this?
Duplex - A legal two-family residence includes a finished attic, separate-entry basement, and private backyard.
Where is this duplex located?
The property is located at 2657 Briggs Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Legal two‑family residence built in 1925; First‑floor apartment with two bedrooms, living area, kitchen, and full bathroom; Upper‑level layout includes four bedrooms, a full bathroom, and a bonus room
