Brick
New
For Sale
$819,000
3410 Bronxwood Avenue, Bronx, NY 10469
Two separate apartments each provide two bedrooms and a full bathroom, with extra basement space for additional use.
Property Size2,200 SF
Price / SF$372.27
Days on Market4
Property Features for 3410 Bronxwood Avenue
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,114
Building Details
Building Size
2,200 SF
Year Built
1945
Buildings
1
Construction
brick
Listing Agency:
Today Realty Corp.
Listed By:
Andrea R. Outar
(917) 753-6333
Source:
Shawmetro
Added: Nov 3
Changed: Nov 5
Last Checked: Nov 5 at 2:36AM
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 Today Realty Corp.
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Investment Insights
Based on property information with market context.
This 2,200-square-foot brick duplex, built in 1945, contains two apartments, each with two bedrooms and a full bathroom. The basement adds a bedroom and a full bathroom, and a private driveway provides off-street parking. Updated interiors and modern finishes are also noted for the property.
Located at 3410 Bronxwood Avenue in the Bronx, the property is configured as a two-family home.
Located at 3410 Bronxwood Avenue in the Bronx, the property is configured as a two-family home.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 full bathroom
- Basement includes 1 bedroom and 1 full bathroom
- 2,200 square feet; built in 1945
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,884
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,680
$1.1M
Cap Rate 7%
$798,343
$798.3K
Cap Rate 9%
$620,933
$620.9K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$84.5K $38.40/SF
− Vacancy
−$4.6K −$2.11/SF
EGI
$79.8K $36.29/SF
− OpEx
−$24.0K −$10.89/SF
NOI
$55.9K $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%
$1,117,680
Cap Rate 7%
$798,343
Cap Rate 9%
$620,933
Alternative Uses
Best Use
Multifamily LT 5
$798.3K
$698.6K – $931.4K
NOI $55,884 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$723.0K
$632.6K – $843.5K
NOI $50,608 @ 7.0% cap · market cap 6.18%
Theoretical Best
Warehouse
$1.52M
$1.33M – $1.78M
NOI $106,711 @ 7.0% cap · market cap 13.03%
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
2,525
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments each provide two bedrooms and a full bathroom, with extra basement space for additional use.
Where is this duplex located?
The property is located at 3410 Bronxwood Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bathroom; Basement includes 1 bedroom and 1 full bathroom; 2,200 square feet; built in 1945
