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Two-Unit Duplex on Double Lot
New
For Sale
$1,245,000

2710 Lurting Avenue, Bronx, NY 10469

Two households have separate heating systems, with central air conditioning serving the home.

Property Size3,510 SF
Lot Size0.11 Acres
Price / SF$354.70
Days on Market4

Property Features for 2710 Lurting Avenue

General Information

Standard status Active
Size 3,510 SF
Lot size 0.11 Acres
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,629

Building Details

Building Size 3,510 SF
Year Built 1925
Buildings 1
Listing Agency: Century 21 Kafcos Realty
Listed By: Ernesto De Sieno · License #10401332425
Source: Shawmetro
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 2:06PM

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 Century 21 Kafcos Realty

Investment Insights

Based on property information with market context.

This 3,510-square-foot duplex contains two residential units with generous room layouts. Central air conditioning and separate heating systems serve the home, providing distinct heating controls for each household. The property was built in 1925.

The building occupies two city lots measuring 50 feet by 100 feet in total. Its two-unit configuration and separate heating systems are key features of the property.

Key Highlights

  • Two residential units in a 3,510‑square‑foot duplex
  • Two city lots totaling 50' x 100'
  • Central air conditioning and separate heating systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,160
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,783,200 $1.8M
Cap Rate 7%
$1,273,714 $1.3M
Cap Rate 9%
$990,667 $990.7K
Market Conditions
NOI Build-Up for 3,510 SF
Gross rent
$134.8K $38.40/SF
− Vacancy
−$7.4K −$2.11/SF
EGI
$127.4K $36.29/SF
− OpEx
−$38.2K −$10.89/SF
NOI
$89.2K $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%
$1,783,200
Cap Rate 7%
$1,273,714
Cap Rate 9%
$990,667

Alternative Uses

Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.49M (±1% cap)
NOI $89,160 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,743 @ 7.0% cap · market cap 6.49%
Theoretical Best
Warehouse
$2.43M
$2.13M – $2.84M (±1% cap)
NOI $170,253 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Law Firm Skin Care Clinic Cafe & Coffee Shop Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,628
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two households have separate heating systems, with central air conditioning serving the home.
Where is this duplex located?
The property is located at 2710 Lurting Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: Two residential units in a 3,510‑square‑foot duplex; Two city lots totaling 50' x 100'; Central air conditioning and separate heating systems
More about this property
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