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Two-Family Home with Garages

2910 Baisley Avenue, Bronx, NY 10461

For Sale
New
$1,350,000

A finished basement and separate living areas support the property's two-family configuration.

Property Size2,799 SF
Lot Size0.28 Acres
Price / SF$482.32
Days on Market3

Property Features for 2910 Baisley Avenue

General Information

Standard status Active
Size 2,799 SF
Total Parking Spaces 5
Lot size 0.28 Acres
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,000

Amenities

Finished,Full
3
Yes
6
First Floor Bedroom
Finished, Full
Public
No
Parking Lot

Building Details

Year Built 1926
Buildings 1
Stories 2
Listing Agency: Highline Real Estate Services
Listed By: Edwards Lopez Cabrera
Source: Schunkrealtygroup
Added: Nov 7 Changed: Nov 9 Last Checked: Nov 8 at 4:17PM

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 Highline Real Estate Services

Rey
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Investment Insights

Based on property information with market context.

This 2,799-square-foot legal two-family home has two bedrooms and a living room on the first floor, plus an enclosed front porch. The second floor contains three bedrooms, a living room, a dining room, and an enclosed rear porch. A full-size attic adds further space, and the finished basement includes one bathroom.

The 12,295-square-foot lot provides parking for five cars, with a four-car garage at the rear and a one-car garage at the front. Built in 1926, the property has a gas boiler, water tanks approximately five years old, plumbing described as up to date, and electrical work approximately five years old. The roof is approximately 12 years old.

Key Highlights

  • Legal two‑family home with 2,799 square feet
  • 12,295‑square‑foot lot with parking for five cars
  • Rear four‑car garage and front one‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,099
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,980 $1.4M
Cap Rate 7%
$1,015,700 $1.0M
Cap Rate 9%
$789,989 $790.0K
Market Conditions
NOI Build-Up for 2,799 SF
Gross rent
$107.5K $38.40/SF
− Vacancy
−$5.9K −$2.11/SF
EGI
$101.6K $36.29/SF
− OpEx
−$30.5K −$10.89/SF
NOI
$71.1K $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%
$1,421,980
Cap Rate 7%
$1,015,700
Cap Rate 9%
$789,989

Alternative Uses

Best Use
Multifamily LT 5
$1.02M
$888.7K – $1.18M (±1% cap)
NOI $71,099 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$919.8K
$804.8K – $1.07M (±1% cap)
NOI $64,387 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,487 @ 7.0% cap · market cap 6.92%
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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,572
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
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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 - A finished basement and separate living areas support the property's two-family configuration.
Where is this duplex located?
The property is located at 2910 Baisley Avenue 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: Legal two‑family home with 2,799 square feet; 12,295‑square‑foot lot with parking for five cars; Rear four‑car garage and front one‑car garage
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