Duplex with Solar
For Sale
$850,000
3035 Yates Avenue, Bronx, NY 10469
The two-unit residential property offers rental income potential and includes solar panels.
Property Size1,620 SF
Price / SF$524.69
Days on Market40
Property Features for 3035 Yates Avenue
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Duplex
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,647
Amenities
solar panels
Building Details
Building Size
1,620 SF
Year Built
1960
Listing Agency:
Keller Williams Realty NYC Grp
Listed By:
Janice S. Mullings
(718) 697-6800
Source:
Sheridanres
Added: Sep 23
Changed: Oct 31
Last Checked: Oct 31 at 2:26PM
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 Keller Williams Realty NYC Grp
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,620-square-foot duplex was built in 1960 and has solar panels. Its two-unit configuration offers potential for rental income.
The property is in the Bronx, near public transportation, shopping, restaurants, schools, and parks. Bus and subway service provides connections within the Bronx and to other parts of New York City.
The property is in the Bronx, near public transportation, shopping, restaurants, schools, and parks. Bus and subway service provides connections within the Bronx and to other parts of New York City.
Key Highlights
- 1,620‑square‑foot duplex
- Solar panels installed
- Built in 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,151
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,020
$823.0K
Cap Rate 7%
$587,871
$587.9K
Cap Rate 9%
$457,233
$457.2K
Market Conditions
NOI Build-Up for 1,620 SF
Gross rent
$62.2K $38.40/SF
− Vacancy
−$3.4K −$2.11/SF
EGI
$58.8K $36.29/SF
− OpEx
−$17.6K −$10.89/SF
NOI
$41.2K $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%
$823,020
Cap Rate 7%
$587,871
Cap Rate 9%
$457,233
Alternative Uses
Best Use
Multifamily LT 5
$587.9K
$514.4K – $685.9K
NOI $41,151 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$532.4K
$465.8K – $621.1K
NOI $37,266 @ 7.0% cap · market cap 4.38%
Theoretical Best
Warehouse
$1.12M
$982.2K – $1.31M
NOI $78,578 @ 7.0% cap · market cap 9.24%
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
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,118
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
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
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit residential property offers rental income potential and includes solar panels.
Where is this duplex located?
The property is located at 3035 Yates Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1,620‑square‑foot duplex; Solar panels installed; Built in 1960
