Duplex Income Property with
For Sale
$1,299,000
2854 Kingsbridge Ter The, Bronx, NY 10463
All-brick duplex featuring two 3-bedroom units, each with living and separate dining rooms, plus an oversized garage.
Property Size4,620 SF
Days on Market12
Property Features for 2854 Kingsbridge Ter The
General Information
Standard status
Active
Size
4,620 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Building Details
Building Size
4,620 SF
Year Built
1920
Construction
brick and stone
Listing Agency:
exp Realty
(929) 434-4804
Listed By:
Jazmin F. Molina · License #10401350277
(929) 434-4804
Source:
Elliman
Added: Jul 24
Changed: Jul 26
Last Checked: Aug 4 at 8:28AM
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 exp Realty
Investment Insights
Based on property information with market context.
This all-brick duplex includes two spacious 3-bedroom units. Each apartment features a large living room and a separate dining room, offering practical layout space for daily living and entertaining. The exterior is finished with durable brick and stone for low-maintenance ownership.
The property also includes an oversized garage, providing additional space for multiple vehicles, storage, or a workshop.
Built as a two-unit residence, it is configured to support income-producing use while also offering the flexibility of a multi-unit setup for end users.
The property also includes an oversized garage, providing additional space for multiple vehicles, storage, or a workshop.
Built as a two-unit residence, it is configured to support income-producing use while also offering the flexibility of a multi-unit setup for end users.
Key Highlights
- All‑brick duplex built in 1920 with two 3‑bedroom units
- Each unit includes a large living room and a separate dining room
- Durable all‑brick and stone exterior for low‑maintenance ownership
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 | $177.4k | $38.40 |
| − Vacancy | −$9.8k | −$2.11 |
| EGI | $167.7k | $36.29 |
| − OpEx | −$50.3k | −$10.89 |
| NOI | $117.4k | $25.40 |
4,620 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.68M
$1.47M – $1.96M
NOI $117,355 @ 7.0% cap · market cap 9.03%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.77M
NOI $106,277 @ 7.0% cap · market cap 8.18%
Theoretical Best
Warehouse
$3.20M
$2.80M – $3.73M
NOI $224,093 @ 7.0% cap · market cap 17.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,432
Businesses Nearby
Explore this area
Business Placement
Demographics for 10463, NY
71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
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 - All-brick duplex featuring two 3-bedroom units, each with living and separate dining rooms, plus an oversized garage.
Where is this duplex located?
The property is located at 2854 Kingsbridge Ter The Bronx, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: All‑brick duplex built in 1920 with two 3‑bedroom units; Each unit includes a large living room and a separate dining room; Durable all‑brick and stone exterior for low‑maintenance ownership
