Renovated Two-Family
2811 Gunther Avenue Bronx, NY 10469
2811 Gunther Avenue, Bronx, NY, 10469
$785,000
For Sale
$785,000
Two updated attached units offer immediate occupancy, with an oversized car garage for parking and storage.
Property Size2,351 SF
Price / SF$333.90
Days on Market28
Property Features for 2811 Gunther Avenue
General Information
- Standard status
- Active
- Size
- 2,351 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1960
Listing agency
Apex Realty
(212) 686-0442
Listed by
Jose R. Ortiz
(212) 686-0442
Source
Compass
Added: Jun 25 Updated: Jul 21 at 6:51PM Checked: Jul 21 at 6:51PM
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 Apex Realty
Investment Insights
Based on property information with market context.
This renovated attached two-family home presents a move-in-ready setup with a spacious 2-bedroom apartment over a fully renovated 1-bedroom apartment. Both units have been updated and are ready for immediate occupancy. The property also includes an oversized car garage that provides ample parking and storage space.
Located in the Baychester section of the Bronx, the home is described as convenient to public transportation, shopping, schools, parks, and major highways, supporting day-to-day accessibility for residents.
Offered for sale as a turnkey residential income property, it is configured for an owner-occupant seeking rental income or an investor looking for updated, immediately rentable space.
Located in the Baychester section of the Bronx, the home is described as convenient to public transportation, shopping, schools, parks, and major highways, supporting day-to-day accessibility for residents.
Offered for sale as a turnkey residential income property, it is configured for an owner-occupant seeking rental income or an investor looking for updated, immediately rentable space.
Key Highlights
- Renovated attached two‑family home in the Baychester section of the Bronx
- 2‑bedroom apartment over a fully renovated 1‑bedroom apartment, both updated and ready for immediate occupancy
- 1st floor bedroom/master bedroom amenities on the interior features
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.3k | $38.40 |
| − Vacancy | −$5.0k | −$2.11 |
| EGI | $85.3k | $36.29 |
| − OpEx | −$25.6k | −$10.89 |
| NOI | $59.7k | $25.40 |
2,351 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$853.1K
$746.5K – $995.3K
NOI $59,719 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$772.6K
$676.0K – $901.4K
NOI $54,082 @ 7.0% cap · market cap 6.89%
Theoretical Best
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,035 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two updated attached units offer immediate occupancy, with an oversized car garage for parking and storage.
Where is this duplex located?
The property is located at 2811 Gunther Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Renovated attached two‑family home in the Baychester section of the Bronx; 2‑bedroom apartment over a fully renovated 1‑bedroom apartment, both updated and ready for immediate occupancy; 1st floor bedroom/master bedroom amenities on the interior features
