Luxury New Construction Two-Family
For Sale
$899,000
3067 Williamsbridge Rd The, Bronx, NY 10467
New construction two-family home with modern finishes and private parking.
Property Size2,544 SF
Lot Size0.01 Acres
Days on Market158
Property Features for 3067 Williamsbridge Rd The
General Information
Standard status
Active
Size
2,544 SF
Lot size
0.01 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$6,455
Building Details
Building Size
2,544 SF
Year Built
1920
Units
2
Listing Agency:
Keller Williams Realty NYC Group
(914) 801-8888
Listed By:
Gjon Dedvukaj
(914) 801-8888
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 26 at 12:22PM
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 Group
Investment Insights
Based on property information with market context.
This new construction two-family home features a stucco façade and modern finishes. Built to meet current standards, the home offers craftsmanship, efficiency, and newly installed systems. Each residence includes recessed lighting, stainless steel appliances, and designer kitchens with quartz countertops and backsplashes. A floating staircase serves as an architectural centerpiece. The lower level, with a finished basement, is configured as a one-bedroom layout, suitable for extended living, additional bedroom space, or supplemental income generation. The upper residence is a three-bedroom, two-bath triplex-style home with private outdoor spaces, including balcony access and a rooftop. Hardwood floors and private parking are included. The property is move-in-ready.
Key Highlights
- Luxury new construction two‑family home with modern finishes.
- Upper residence: spacious three‑bedroom triplex with two baths and private outdoor spaces including balcony and rooftop.
- Finished basement configured as a stylish one‑bedroom layout for extended living or rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$61,940
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,238,800
$1.2M
Cap Rate 7%
$884,857
$884.9K
Cap Rate 9%
$688,222
$688.2K
Market Conditions
NOI Build-Up for 2,544 SF
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.
Gross rent
$94.6K $37.20/SF
− Vacancy
−$6.2K −$2.42/SF
EGI
$88.5K $34.78/SF
− OpEx
−$26.5K −$10.43/SF
NOI
$61.9K $24.35/SF
Area
ZIP 10467
Vacancy
6.50%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,238,800
Cap Rate 7%
$884,857
Cap Rate 9%
$688,222
Alternative Uses
Best Use
Multifamily LT 5
$884.9K
$774.3K – $1.03M
NOI $61,940 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$790.8K
$692.0K – $922.6K
NOI $55,358 @ 7.0% cap · market cap 6.16%
Theoretical Best
Warehouse
$1.76M
$1.54M – $2.06M
NOI $123,397 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,534
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
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 - New construction two-family home with modern finishes and private parking.
Where is this duplex located?
The property is located at 3067 Williamsbridge Rd The 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: Luxury new construction two‑family home with modern finishes.; Upper residence: spacious three‑bedroom triplex with two baths and private outdoor spaces including balcony and rooftop.; Finished basement configured as a stylish one‑bedroom layout for extended living or rental income.
