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Two-Family Duplex Property
For Sale
$875,000

290 Zerega Avenue, Bronx, NY 10473

Residential layouts include multiple bedrooms and bathrooms, with existing rental income.

Property Size3,068 SF
Days on Market38

Property Features for 290 Zerega Avenue

General Information

Standard status Active
Size 3,068 SF
Property subtype Duplex

Additional Details

Public Transit Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,006

Building Details

Building Size 3,068 SF
Year Built 2011
Listing Agency: Link NY Realty
Listed By: Valon Nikci · License #10491202180
Source: Serhant
Added: Sep 3 Changed: Oct 6 Last Checked: Oct 10 at 12:57AM

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 Link NY Realty

Investment Insights

Based on property information with market context.

Built in 2011, this Bronx duplex is configured as a two-family residential property with multiple bedrooms and bathrooms across its living areas. The layout supports comfortable residential occupancy and offers existing rental income for an investor or owner-occupant.

The property is situated near major transportation routes and public transit, with shopping, schools, and neighborhood amenities also nearby. Its two-family configuration provides a straightforward residential income format within an established Bronx community.

Key Highlights

  • Two‑family duplex configuration
  • Built in 2011
  • Multiple bedrooms and bathrooms across residential layouts

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,932
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,558,640 $1.6M
Cap Rate 7%
$1,113,314 $1.1M
Cap Rate 9%
$865,911 $865.9K
Market Conditions
NOI Build-Up for 3,068 SF
Gross rent
$117.8K $38.40/SF
− Vacancy
−$6.5K −$2.11/SF
EGI
$111.3K $36.29/SF
− OpEx
−$33.4K −$10.89/SF
NOI
$77.9K $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%
$1,558,640
Cap Rate 7%
$1,113,314
Cap Rate 9%
$865,911

Alternative Uses

Best Use
Multifamily LT 5
$1.11M
$974.2K – $1.30M (±1% cap)
NOI $77,932 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$1.01M
$882.2K – $1.18M (±1% cap)
NOI $70,575 @ 7.0% cap · market cap 8.07%
Theoretical Best
Warehouse
$2.13M
$1.86M – $2.48M (±1% cap)
NOI $148,814 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Building Supply

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

667
Businesses Nearby

Demographics for 10473, NY

62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
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 - Residential layouts include multiple bedrooms and bathrooms, with existing rental income.
Where is this duplex located?
The property is located at 290 Zerega Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Built in 2011; Multiple bedrooms and bathrooms across residential layouts
More about this property
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