Well-Appointed Two-Family
For Sale
$785,000
3234 Colden Avenue, Bronx, NY 10469
A well maintained two-family home with updated kitchens and bathrooms, stainless steel appliances, garage, and outdoor space.
Property Size1,610 SF
Price / SF$487.58
Days on Market13
Property Features for 3234 Colden Avenue
General Information
Standard status
Active
Size
1,610 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Amenities
front porch
Building Details
Building Size
1,610 SF
Year Built
1945
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Realty NYC Grp
(718) 697-6800
Listed By:
Kenneth Fuentes
Source:
Shawmetro
Added: Jul 20
Changed: Jul 31
Last Checked: Jul 31 at 6:15AM
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 Grp
Investment Insights
Based on property information with market context.
Well maintained two-family duplex featuring a two-bedroom apartment with 1.5 baths over a two-bedroom apartment with 1 full bath. The home includes updated bathrooms and kitchens with stainless steel appliances. Additional improvements and features include a gas boiler, a front porch, and front and backyard space.
The property is located at 3234 Colden Avenue in the Bronx, NY 10469. It is minutes from the Bronx River Pkwy and about two blocks from public transportation along Boston Rd and Gun Hill Rd. The home is also within a couple of blocks of shopping on White Plains Rd and Gun Hill Rd. Home will be delivered vacant.
Built in 1945, the duplex also offers a garage and driveway sized to fit two vehicles, supporting convenient on-site parking.
The property is located at 3234 Colden Avenue in the Bronx, NY 10469. It is minutes from the Bronx River Pkwy and about two blocks from public transportation along Boston Rd and Gun Hill Rd. The home is also within a couple of blocks of shopping on White Plains Rd and Gun Hill Rd. Home will be delivered vacant.
Built in 1945, the duplex also offers a garage and driveway sized to fit two vehicles, supporting convenient on-site parking.
Key Highlights
- Two‑bedroom over two‑bedroom duplex with 1.5 baths and 1 full bath
- Updated kitchens and bathrooms with stainless steel appliances
- Gas boiler plus front porch, front yard, and backyard
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 | $61.8k | $38.40 |
| − Vacancy | −$3.4k | −$2.11 |
| EGI | $58.4k | $36.29 |
| − OpEx | −$17.5k | −$10.89 |
| NOI | $40.9k | $25.40 |
1,610 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$584.2K
$511.2K – $681.6K
NOI $40,897 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$529.1K
$463.0K – $617.3K
NOI $37,036 @ 7.0% cap · market cap 4.72%
Theoretical Best
Warehouse
$1.12M
$976.2K – $1.30M
NOI $78,093 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,003
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
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 - A well maintained two-family home with updated kitchens and bathrooms, stainless steel appliances, garage, and outdoor space.
Where is this duplex located?
The property is located at 3234 Colden Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Two‑bedroom over two‑bedroom duplex with 1.5 baths and 1 full bath; Updated kitchens and bathrooms with stainless steel appliances; Gas boiler plus front porch, front yard, and backyard
