Brick Duplex with Full
For Sale
$699,900
3118 Eastchester Road, Bronx, NY 10469
Residential Income, Bronx, NY
Property Size2,455 SF
Lot Size0.06 Acres
Price / SF$285.09
Days on Market26
Property Features for 3118 Eastchester Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 4, Bathroom 3, Dining Room, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 2
Parking features
Driveway
Interior features
Formal Dining
Elementary school
Baychester Academy
Middle school
Jhs 144 Michelangelo
High school
Harry S Truman High School
Elementary school district
Bronx 11
Middle school district
Bronx 11
High school district
Bronx 11
Standard status
Active
APN
04763-0044
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6976
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Building Details
Year built
1955
Number of units
2
Flooring type
Hardwood
Building materials
Brick
Listing Agency:
RE/MAX City Square · RE/MAX International
(718) 570-7690
Listed By:
Aaron L. Ram
(917) 578-9622
Added: Sep 28
Changed: Oct 22
Last Checked: Oct 23 at 3:06AM
MLS# 1056140
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1955, this two-family brick property contains approximately 2,455 square feet on a 2,778-square-foot lot. The layout includes four bedrooms, three bathrooms, a formal dining room, and a full basement with a basement garage. Hardwood flooring and hot-water heating are among the listed interior features.
The property is on Eastchester Road in the Bronx, with the 5 train and BX31 bus nearby. Neighborhood shopping and everyday services are also in the surrounding area.
The property is on Eastchester Road in the Bronx, with the 5 train and BX31 bus nearby. Neighborhood shopping and everyday services are also in the surrounding area.
Key Highlights
- Two‑family brick property built in 1955
- Approximately 2,455 square feet on a 2,778‑square‑foot lot
- Full basement with basement garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,361
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,220
$1.2M
Cap Rate 7%
$890,871
$890.9K
Cap Rate 9%
$692,900
$692.9K
Market Conditions
NOI Build-Up for 2,455 SF
Gross rent
$94.3K $38.40/SF
− Vacancy
−$5.2K −$2.11/SF
EGI
$89.1K $36.29/SF
− OpEx
−$26.7K −$10.89/SF
NOI
$62.4K $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%
$1,247,220
Cap Rate 7%
$890,871
Cap Rate 9%
$692,900
Alternative Uses
Best Use
Multifamily LT 5
$890.9K
$779.5K – $1.04M
NOI $62,361 @ 7.0% cap · market cap 8.91%
Second Best
Apartment 5plus
$806.8K
$705.9K – $941.2K
NOI $56,474 @ 7.0% cap · market cap 8.07%
Theoretical Best
Warehouse
$1.70M
$1.49M – $1.98M
NOI $119,080 @ 7.0% cap · market cap 17.01%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,781
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A basement garage and driveway accompany this two-family residence near the 5 train and BX31 bus.
Where is this duplex located?
The property is located at 3118 Eastchester Road Bronx, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑family brick property built in 1955; Approximately 2,455 square feet on a 2,778‑square‑foot lot; Full basement with basement garage
