Detached Two-Family Residential
For Sale
$1,300,000
3170 Rawlins Avenue, Bronx, NY 10465
Fully detached legal two-family with 3BR/2BA first unit, 2BR/1BA second unit, and finished basement with summer kitchen.
Property Size2,872 SF
Lot Size0.11 Acres
Price / SF$452.65
Days on Market24
Property Features for 3170 Rawlins Avenue
General Information
Standard status
Active
Size
2,872 SF
Lot size
0.11 Acres
Property subtype
Triplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1925
Stories
2
Tenancy
Multi
Listing Agency:
RE/MAX Distinguished Hms.&Prop
(914) 346-8255
Listed By:
Raymond Vasquez · License #40VA1005388
(914) 346-8255
Source:
Compass
Added: Jul 9
Changed: Jul 21
Last Checked: Jul 31 at 11:09AM
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 RE/MAX Distinguished Hms.&Prop
Investment Insights
Based on property information with market context.
Located at 3170 Rawlins Avenue, Bronx, NY 10465, this legal two-family home is fully detached and sits on a double lot. The first floor offers 3 bedrooms and 2 bathrooms. The second floor features 2 bedrooms and 1 bathroom. A finished basement adds additional flexible living space, including 3 bedrooms and a summer kitchen. The home totals 2,872 square feet of living area on a 5,000-square-foot lot.
The property includes front and back porches, as well as a side yard and backyard. The surrounding area is described as offering a quiet, tree-lined setting with proximity to the Long Island Sound, and convenient access to highways, malls, schools, and Pelham Bay Park.
With two separate residential units plus a finished basement and summer kitchen, the layout is well-suited for buyers looking for a self-contained income property with multiple living areas within one detached building.
The property includes front and back porches, as well as a side yard and backyard. The surrounding area is described as offering a quiet, tree-lined setting with proximity to the Long Island Sound, and convenient access to highways, malls, schools, and Pelham Bay Park.
With two separate residential units plus a finished basement and summer kitchen, the layout is well-suited for buyers looking for a self-contained income property with multiple living areas within one detached building.
Key Highlights
- Fully detached legal two‑family home with a finished basement
- 1st floor offers 3 bedrooms and 2 bathrooms
- 2nd floor offers 2 bedrooms and 1 bathroom
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 | $110.3k | $38.40 |
| − Vacancy | −$6.1k | −$2.11 |
| EGI | $104.2k | $36.29 |
| − OpEx | −$31.3k | −$10.89 |
| NOI | $73.0k | $25.40 |
2,872 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$911.9K – $1.22M
NOI $72,953 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$943.8K
$825.8K – $1.10M
NOI $66,066 @ 7.0% cap · market cap 5.08%
Theoretical Best
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,307 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,409
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
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 - Fully detached legal two-family with 3BR/2BA first unit, 2BR/1BA second unit, and finished basement with summer kitchen.
Where is this duplex located?
The property is located at 3170 Rawlins Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Fully detached legal two‑family home with a finished basement; 1st floor offers 3 bedrooms and 2 bathrooms; 2nd floor offers 2 bedrooms and 1 bathroom
