Legal Two-Family
For Sale
$999,999
2812 Harrington Avenue, Bronx, NY 10461
Well-maintained duplex with two units, including a recently renovated second-floor unit that is currently vacant.
Property Size2,112 SF
Lot Size0.07 Acres
Days on Market68
Property Features for 2812 Harrington Avenue
General Information
Standard status
Active
Size
2,112 SF
Lot size
0.07 Acres
Property subtype
Duplex
Building Details
Building Size
2,112 SF
Year Built
1925
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
YourHomeSold Guaranteed Realty
(914) 661-0387
Listed By:
Jonathan Belloso · License #10401369032
Source:
Serhant
Added: May 28
Changed: Jul 30
Last Checked: Aug 2 at 12:05PM
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
Investment Insights
Based on property information with market context.
This legal two-family home offers a total of six bedrooms across two spacious units. Each unit features three bedrooms, providing flexible living arrangements for an owner-occupant or an income-focused buyer. The second-floor unit has been recently renovated and is currently vacant, supporting immediate occupancy or rental.
The first-floor unit is occupied on a month-to-month basis, which can provide flexibility for both investors and end users. The property sits on a 25x127 lot and was built in 1925.
Located in Pelham Bay, the home is positioned close to shopping, transportation, schools, and local amenities for everyday convenience.
The first-floor unit is occupied on a month-to-month basis, which can provide flexibility for both investors and end users. The property sits on a 25x127 lot and was built in 1925.
Located in Pelham Bay, the home is positioned close to shopping, transportation, schools, and local amenities for everyday convenience.
Key Highlights
- Legal two‑family home with two units and six total bedrooms
- Second‑floor unit is recently renovated and currently vacant
- First‑floor unit occupied on a month‑to‑month basis
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 | $81.1k | $38.40 |
| − Vacancy | −$4.5k | −$2.11 |
| EGI | $76.6k | $36.29 |
| − OpEx | −$23.0k | −$10.89 |
| NOI | $53.6k | $25.40 |
2,112 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$766.4K
$670.6K – $894.1K
NOI $53,648 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$694.1K
$607.3K – $809.7K
NOI $48,584 @ 7.0% cap · market cap 4.86%
Theoretical Best
Warehouse
$1.46M
$1.28M – $1.71M
NOI $102,443 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,473
Businesses Nearby
Explore this area
Business Placement
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with two units, including a recently renovated second-floor unit that is currently vacant.
Where is this duplex located?
The property is located at 2812 Harrington Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Legal two‑family home with two units and six total bedrooms; Second‑floor unit is recently renovated and currently vacant; First‑floor unit occupied on a month‑to‑month basis
