Bronx
3305 Bronxwood Ave, Bronx, NY 10469
For Sale
$769,000
A multifamily residence with nearby schools, transit service, and neighborhood retail.
Property Size2,124 SF
Lot Size0.09 Acres
Price / SF$362.05
Days on Market10
Property Features for 3305 Bronxwood Ave
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Public Transit
Building Details
Year Built
Listing Agency:
More Homes Realty
Listed By:
Pedro A. Castro · License #242904
(908) 294-0818
Source:
Realtyconnectusa
Added: Oct 31
Changed: Nov 9
Last Checked: Nov 7 at 8:45PM
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 More Homes Realty
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Investment Insights
Based on property information with market context.
This Bronx duplex contains 2,124 square feet on a 3,742-square-foot lot. Constructed in 1910, the property offers a multifamily residential configuration at 3305 Bronxwood Avenue, Bronx, New York 10469.
Schools, public transportation, and local shops are a short distance away. The property is offered for sale.
Schools, public transportation, and local shops are a short distance away. The property is offered for sale.
Key Highlights
- 2,124‑square‑foot multifamily residence
- 3,742‑square‑foot lot
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,953
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,060
$1.1M
Cap Rate 7%
$770,757
$770.8K
Cap Rate 9%
$599,478
$599.5K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$81.6K $38.40/SF
− Vacancy
−$4.5K −$2.11/SF
EGI
$77.1K $36.29/SF
− OpEx
−$23.1K −$10.89/SF
NOI
$54.0K $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%
$1,079,060
Cap Rate 7%
$770,757
Cap Rate 9%
$599,478
Alternative Uses
Best Use
Multifamily LT 5
$770.8K
$674.4K – $899.2K
NOI $53,953 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$698.0K
$610.8K – $814.3K
NOI $48,860 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.01M
$886.8K – $1.18M
NOI $70,942 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,652
Businesses Nearby
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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
$640,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - A multifamily residence with nearby schools, transit service, and neighborhood retail.
Where is this duplex located?
The property is located at 3305 Bronxwood Ave Bronx, NY.
What is the asking price?
The asking price for this property is $769,000.
What are key features of this property?
This property features: 2,124‑square‑foot multifamily residence; 3,742‑square‑foot lot; Built in 1910
