Three-Family Home with Detached
For Sale
$899,000
2952 Miles Avenue, Bronx, NY 10465
Three separate units with a detached garage, offered as-is and ready for renovation in Throggs Neck.
Property Size2,400 SF
Price / SF$374.58
Days on Market159
Property Features for 2952 Miles Avenue
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Triplex
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$7,279
Amenities
Square Feet
Finished, Full, Walk-Out Access, Yes
Other, Public
Other
Walk Out Basement
No
Vinyl Siding
Garage, On Street, Shared Driveway
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
Real Broker NY LLC
Listed By:
Christopher Motta
(855) 450-0442
Source:
Compass
Added: May 17
Changed: Oct 18
Last Checked: Oct 20 at 11:45PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This three-family residential property is configured as three separate units, offering flexible living or rental arrangements. A detached garage adds practical off-street utility for residents and operators. The home requires updating and renovation, making it suitable for buyers looking to customize finishes and improve the property’s condition according to their own plans. The property is being sold as-is.
Located in the heart of Throggs Neck, the address is described as being moments from Tremont Avenue, with convenient access to everyday amenities. Public remarks also reference proximity to shopping, restaurants, schools, parks, and public transportation. BikeScore is listed as 28 (somewhat bikeable) and walkScore as 25 (car-dependent), while transitScore is listed as 46, indicating moderate access to transit options.
For owner-users, the layout supports occupancy in one unit while renting the other units. For investors, the three-unit structure provides a straightforward income-producing configuration, with the detached garage supporting day-to-day resident needs. Because the property is offered as-is and is described as needing renovation, buyers should plan for capital improvements to bring the asset up to their target standard.
Located in the heart of Throggs Neck, the address is described as being moments from Tremont Avenue, with convenient access to everyday amenities. Public remarks also reference proximity to shopping, restaurants, schools, parks, and public transportation. BikeScore is listed as 28 (somewhat bikeable) and walkScore as 25 (car-dependent), while transitScore is listed as 46, indicating moderate access to transit options.
For owner-users, the layout supports occupancy in one unit while renting the other units. For investors, the three-unit structure provides a straightforward income-producing configuration, with the detached garage supporting day-to-day resident needs. Because the property is offered as-is and is described as needing renovation, buyers should plan for capital improvements to bring the asset up to their target standard.
Key Highlights
- Three‑family property in Throggs Neck built in 1930
- Features three separate units with a detached garage
- Property is sold as‑is and requires updating and renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,964
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,280
$1.2M
Cap Rate 7%
$870,914
$870.9K
Cap Rate 9%
$677,378
$677.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$92.2K $38.40/SF
− Vacancy
−$5.1K −$2.11/SF
EGI
$87.1K $36.29/SF
− OpEx
−$26.1K −$10.89/SF
NOI
$61.0K $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%
$1,219,280
Cap Rate 7%
$870,914
Cap Rate 9%
$677,378
Alternative Uses
Best Use
Multifamily LT 5
$870.9K
$762.1K – $1.02M
NOI $60,964 @ 7.0% cap · market cap 6.78%
Second Best
Apartment 5plus
$788.7K
$690.1K – $920.2K
NOI $55,209 @ 7.0% cap · market cap 6.14%
Theoretical Best
Warehouse
$1.66M
$1.46M – $1.94M
NOI $116,412 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Explore this area
Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate units with a detached garage, offered as-is and ready for renovation in Throggs Neck.
Where is this triplex located?
The property is located at 2952 Miles Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three‑family property in Throggs Neck built in 1930; Features three separate units with a detached garage; Property is sold as‑is and requires updating and renovation
