Legal Two-Family Brick
3115 Fenton Avenue Bronx, NY 10469
New
3115 Fenton Avenue, Bronx, NY, 10469
$990,000
Pending
For Sale
$990,000
Pending
Modern two-family brick duplex built in 2008 with two 3-bedroom units, full basement access, and a private backyard.
Property Size2,040 SF
Days on Market3
Property Features for 3115 Fenton Avenue
General Information
- Standard status
- Pending
- Size
- 2,040 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2008
Listing agency
H N L Realty Inc
(718) 504-7366
Listed by
Yiki Wong SFR
(718) 504-7366
Source
Compass
Added: Jul 20 Updated: Jul 21 at 7:16PM Checked: Jul 21 at 7:16PM
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 H N L Realty Inc
Investment Insights
Based on property information with market context.
3115 Fenton Avenue is a modern, semi-detached legal two-family brick duplex built in 2008. The property offers two spacious units, each featuring three bedrooms, two full bathrooms, a bright living room, dining area, and well-appointed kitchen. A full basement with a separate entrance provides additional usable space, and the home includes a private backyard plus a dedicated front parking space.
The property is situated in the Baychester/Laconia area of the Bronx. Public remarks note convenient proximity to shopping, restaurants, schools, parks, and public transportation.
Configured as a true two-family home, the layout supports flexible occupancy, with both units designed for everyday living and the basement offering further optional space through its separate entry.
The property is situated in the Baychester/Laconia area of the Bronx. Public remarks note convenient proximity to shopping, restaurants, schools, parks, and public transportation.
Configured as a true two-family home, the layout supports flexible occupancy, with both units designed for everyday living and the basement offering further optional space through its separate entry.
Key Highlights
- Modern semi‑detached legal two‑family brick home built in 2008
- Two units, each with 3 bedrooms and 2 full bathrooms
- Finished full basement with separate entrance for additional living/storage space
Local 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 | $78.3k | $38.40 |
| − Vacancy | −$4.3k | −$2.11 |
| EGI | $74.0k | $36.29 |
| − OpEx | −$22.2k | −$10.89 |
| NOI | $51.8k | $25.40 |
2,040 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$740.3K
$647.7K – $863.7K
NOI $51,819 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$670.4K
$586.6K – $782.1K
NOI $46,927 @ 7.0% cap · market cap 4.74%
Theoretical Best
Warehouse
$1.41M
$1.24M – $1.65M
NOI $98,950 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Modern two-family brick duplex built in 2008 with two 3-bedroom units, full basement access, and a private backyard.
Where is this duplex located?
The property is located at 3115 Fenton Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Modern semi‑detached legal two‑family brick home built in 2008; Two units, each with 3 bedrooms and 2 full bathrooms; Finished full basement with separate entrance for additional living/storage space
