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Two-Family Duplex
For Sale
$875,000

290 Zerega Avenue, Bronx, NY 10473

Built in 2011, the property is near public transportation, retail, and schools.

Property Size3,068 SF
Price / SF$285.20
Days on Market51

Property Features for 290 Zerega Avenue

General Information

Standard status Active
Size 3,068 SF
Property subtype Residential Income

Additional Details

Public Transit Yes
Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,006

Amenities

Natural Woodwork
Other
Primary Bathroom

Building Details

Building Size 3,068 SF
Year Built 2011
Units 2
Listed By: Gail Leone
Source: Clairedleone
Added: Sep 3 Changed: Oct 23 Last Checked: Oct 23 at 5:02PM

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 Gail Leone

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Investment Insights

Based on property information with market context.

This Bronx duplex was built in 2011 and is configured for two households. Its residential layouts include multiple bedrooms and bathrooms, and the property has existing rental income.

Public transportation, shopping, schools, and other neighborhood services are nearby.

Key Highlights

  • Two‑family residential property
  • Built in 2011
  • Multiple bedrooms and bathrooms across the 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. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

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

Frequently Asked Questions

What type of property is this?
Duplex - Built in 2011, the property is near public transportation, retail, and schools.
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 residential property; Built in 2011; Multiple bedrooms and bathrooms across the residential layouts
More about this property
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