Two-Family Home with Attached
For Sale
$669,900
2928 Fenton Avenue, Bronx, NY 10469
Two-family home with 4 bedrooms, 3 bathrooms, dedicated laundry, and an attached garage, delivered fully vacant at closing.
Property Size1,981 SF
Price / SF$338.16
Days on Market23
Property Features for 2928 Fenton Avenue
General Information
Standard status
Active
Size
1,981 SF
Property subtype
Duplex
Amenities
dedicated laundry area
Building Details
Building Size
1,981 SF
Year Built
1950
Buildings
1
Listing Agency:
CLMA Realty
(203) 479-0722
Listed By:
Daniel Hernandez
Source:
Shawmetro
Added: Jul 10
Changed: Jul 31
Last Checked: Jul 31 at 4:22AM
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 CLMA Realty
Investment Insights
Based on property information with market context.
This two-family (duplex) home at 2928 Fenton Avenue in the Bronx offers a practical layout for both owner-occupants and investors. The property includes 4 bedrooms and 3 bathrooms, along with an attached garage and a dedicated laundry area. The home will be delivered fully vacant at closing, providing immediate flexibility for its next owner.
Built in 1950, the residence is located in the Pelham Gardens neighborhood. A 3D virtual tour is available for review.
With multiple bedrooms and bathrooms plus in-home laundry, the property is set up for a variety of day-to-day uses and household needs while maintaining the convenience of an attached garage. The current vacancy at closing supports straightforward transition to a new owner.
Built in 1950, the residence is located in the Pelham Gardens neighborhood. A 3D virtual tour is available for review.
With multiple bedrooms and bathrooms plus in-home laundry, the property is set up for a variety of day-to-day uses and household needs while maintaining the convenience of an attached garage. The current vacancy at closing supports straightforward transition to a new owner.
Key Highlights
- Duplex with 4 bedrooms and 3 bathrooms
- Attached garage
- Dedicated laundry area
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 | $76.1k | $38.40 |
| − Vacancy | −$4.2k | −$2.11 |
| EGI | $71.9k | $36.29 |
| − OpEx | −$21.6k | −$10.89 |
| NOI | $50.3k | $25.40 |
1,981 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$718.9K
$629.0K – $838.7K
NOI $50,321 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$651.0K
$569.6K – $759.5K
NOI $45,570 @ 7.0% cap · market cap 6.80%
Theoretical Best
Warehouse
$1.37M
$1.20M – $1.60M
NOI $96,089 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,818
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
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 - Two-family home with 4 bedrooms, 3 bathrooms, dedicated laundry, and an attached garage, delivered fully vacant at closing.
Where is this duplex located?
The property is located at 2928 Fenton Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Duplex with 4 bedrooms and 3 bathrooms; Attached garage; Dedicated laundry area
