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Duplex with Tall Ceilings

2890 E 195th Street, Bronx, NY 10461

For Sale
$1,350,000

Tall ceilings and ample window area bring natural light into the interior.

Property Size3,550 SF
Price / SF$380.28
Days on Market26

Property Features for 2890 E 195th Street

General Information

Standard status Active
Size 3,550 SF
Property subtype Duplex

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $8,866

Building Details

Building Size 3,550 SF
Year Built 1965
Listing Agency: Compass Greater NY, LLC
Listed By: Joseph Lukic · License #10401264948
Source: Thedecurtisgroup
Added: Oct 15 Changed: Nov 7 Last Checked: Nov 8 at 1:59PM

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 Compass Greater NY, LLC

Rey
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Investment Insights

Based on property information with market context.

This duplex offers 3,550 square feet of interior space, with tall ceilings and large windows. The layout includes expansive living areas, a primary suite, and additional bedrooms.

Located in the Bronx, the property was built in 1965 and carries a 10461 ZIP code.

Key Highlights

  • 3,550 square feet of interior space
  • Built in 1965
  • Tall ceilings and large windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,176
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,803,520 $1.8M
Cap Rate 7%
$1,288,229 $1.3M
Cap Rate 9%
$1,001,956 $1.0M
Market Conditions
NOI Build-Up for 3,550 SF
Gross rent
$136.3K $38.40/SF
− Vacancy
−$7.5K −$2.11/SF
EGI
$128.8K $36.29/SF
− OpEx
−$38.6K −$10.89/SF
NOI
$90.2K $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%
$1,803,520
Cap Rate 7%
$1,288,229
Cap Rate 9%
$1,001,956

Alternative Uses

Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.50M (±1% cap)
NOI $90,176 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,663 @ 7.0% cap · market cap 6.05%
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M (±1% cap)
NOI $118,571 @ 7.0% cap · market cap 8.78%
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

Location Intelligence

Trade Area within ½ mile

1,843
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Bronx, NY

$416 Jul
$411 Aug
$408 Sep
$421 Oct

Properties on Market for Duplexes in Bronx

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Tall ceilings and ample window area bring natural light into the interior.
Where is this duplex located?
The property is located at 2890 E 195th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 3,550 square feet of interior space; Built in 1965; Tall ceilings and large windows
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