Duplex with Park
3270 Middletown Road, Bronx, NY 10465
For Sale
$850,000
A two-family brick residence offers separate living areas, an elevated deck, and a backyard.
Property Size1,950 SF
Price / SF$435.90
Days on Market40
Property Features for 3270 Middletown Road
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
deck
Ceiling Fan(s)
Entrance Foyer
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
BHHS Hudson Valley Properties
(845) 255-9400
Listed By:
Tecia Poulas
(917) 703-4019
Source:
Halknopfrealty
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 8:40PM
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 BHHS Hudson Valley Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,950-square-foot brick duplex was built in 1960 and contains two living spaces. The lower-level apartment has one bedroom and a rear entrance to an elevated deck overlooking the backyard. The upper residence has two bedrooms, hardwood floors, and windows facing Pelham Bay Park. An unfinished room near the foyer is currently used for storage, and the property includes parking.
Key Highlights
- Two‑family brick residence with 1,950 square feet
- One‑bedroom apartment with rear access to an elevated deck
- Upper living area has two bedrooms and windows facing Pelham Bay Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,533
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,660
$990.7K
Cap Rate 7%
$707,614
$707.6K
Cap Rate 9%
$550,367
$550.4K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$74.9K $38.40/SF
− Vacancy
−$4.1K −$2.11/SF
EGI
$70.8K $36.29/SF
− OpEx
−$21.2K −$10.89/SF
NOI
$49.5K $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%
$990,660
Cap Rate 7%
$707,614
Cap Rate 9%
$550,367
Alternative Uses
Best Use
Multifamily LT 5
$707.6K
$619.2K – $825.6K
NOI $49,533 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$640.8K
$560.7K – $747.6K
NOI $44,857 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$930.4K
$814.1K – $1.09M
NOI $65,130 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,000
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
$602,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 - A two-family brick residence offers separate living areas, an elevated deck, and a backyard.
Where is this duplex located?
The property is located at 3270 Middletown Road Bronx, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two‑family brick residence with 1,950 square feet; One‑bedroom apartment with rear access to an elevated deck; Upper living area has two bedrooms and windows facing Pelham Bay Park
