Two-Family Duplex with
3192 HATTING Place, Bronx, NY 10465
For Sale
$895,000
Vacant residential property with a separate one-bedroom apartment, laundry area, and private rear yard.
Property Size1,104 SF
Lot Size0.10 Acres
Price / SF$810.69
Days on Market32
Property Features for 3192 HATTING Place
General Information
Standard status
Size
Lot size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Corcoran Group
Listed By:
Christopher V Cavorti · License NY #10301206385
(914) 804-7091
Source:
Dallien
Added: Oct 9
Changed: Nov 8
Last Checked: Nov 9 at 4:04PM
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 Corcoran Group
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Investment Insights
Based on property information with market context.
Built in 1955, this vacant legal two-family property has a duplex owner’s residence with three bedrooms and one full bath, plus a ground-floor bonus room. The home also includes a separate ground-floor apartment with one bedroom, one bath, and its own entrance. A garage, laundry area, and private rear yard complete the configuration. Renovation is needed. Preliminary zoning analysis indicates about 950 square feet of additional theoretical residential floor area may be possible, subject to professional review and required approvals.
The property sits on a 4,200-square-foot lot at 3192 Hatting Place in the Bronx. The Bx8 bus serves Locust Point, with connections through the surrounding area and to other transit options.
The property sits on a 4,200-square-foot lot at 3192 Hatting Place in the Bronx. The Bx8 bus serves Locust Point, with connections through the surrounding area and to other transit options.
Key Highlights
- Legal two‑family configuration with a duplex residence and separate ground‑floor apartment
- Owner’s residence includes 3 bedrooms, 1 full bath, and a ground‑floor bonus room
- Separate apartment has 1 bedroom, 1 bath, and a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,043
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,860
$560.9K
Cap Rate 7%
$400,614
$400.6K
Cap Rate 9%
$311,589
$311.6K
Market Conditions
NOI Build-Up for 1,104 SF
Gross rent
$42.4K $38.40/SF
− Vacancy
−$2.3K −$2.11/SF
EGI
$40.1K $36.29/SF
− OpEx
−$12.0K −$10.89/SF
NOI
$28.0K $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%
$560,860
Cap Rate 7%
$400,614
Cap Rate 9%
$311,589
Alternative Uses
Best Use
Multifamily LT 5
$400.6K
$350.5K – $467.4K
NOI $28,043 @ 7.0% cap · market cap 3.13%
Second Best
Apartment 5plus
$362.8K
$317.5K – $423.3K
NOI $25,396 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$526.8K
$460.9K – $614.6K
NOI $36,874 @ 7.0% cap · market cap 4.12%
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
194
Businesses Nearby
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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
$602,000
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bronx, NY
Properties on Market for Duplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant residential property with a separate one-bedroom apartment, laundry area, and private rear yard.
Where is this duplex located?
The property is located at 3192 HATTING Place Bronx, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Legal two‑family configuration with a duplex residence and separate ground‑floor apartment; Owner’s residence includes 3 bedrooms, 1 full bath, and a ground‑floor bonus room; Separate apartment has 1 bedroom, 1 bath, and a private entrance
