Two-Unit Duplex with
3526 Edson Avenue, Bronx, NY 10466
For Sale
New
$899,000
Two residential units are complemented by a flexible lower level, driveway parking, and an attached garage.
Property Size2,920 SF
Price / SF$307.88
Days on Market2
Property Features for 3526 Edson Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
RE/MAX Prestige Properties
Listed By:
Daniel Berger · License #10491208765
(914) 565-0665
Source:
Shawmetro
Added: Nov 6
Last Checked: Nov 6 at 2:23PM
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 RE/MAX Prestige Properties
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Investment Insights
Based on property information with market context.
This 1975 duplex contains two residential units, each configured with three bedrooms and one bathroom. The lower level includes bonus rooms that can accommodate varied household needs, and the property has an attached one-car garage plus a private driveway with additional parking. The reported property size is 2,920; no unit of measurement is specified.
Located in the Edenwald section of the Bronx, the property is near shopping, parks, public transportation, and major highways. Cardinal Spellman High School and other local schools are also nearby.
Located in the Edenwald section of the Bronx, the property is near shopping, parks, public transportation, and major highways. Cardinal Spellman High School and other local schools are also nearby.
Key Highlights
- Two residential units, each with 3 bedrooms and 1 bathroom
- Built in 1975
- Lower‑level bonus rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,173
Cap Rate
8.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,483,460
$1.5M
Cap Rate 7%
$1,059,614
$1.1M
Cap Rate 9%
$824,144
$824.1K
Market Conditions
NOI Build-Up for 2,920 SF
Gross rent
$112.1K $38.40/SF
− Vacancy
−$6.2K −$2.11/SF
EGI
$106.0K $36.29/SF
− OpEx
−$31.8K −$10.89/SF
NOI
$74.2K $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%
$1,483,460
Cap Rate 7%
$1,059,614
Cap Rate 9%
$824,144
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$927.2K – $1.24M
NOI $74,173 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$959.6K
$839.6K – $1.12M
NOI $67,171 @ 7.0% cap · market cap 7.47%
Theoretical Best
Warehouse
$2.02M
$1.77M – $2.36M
NOI $141,635 @ 7.0% cap · market cap 15.75%
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
1,727
Businesses Nearby
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Business Placement
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two residential units are complemented by a flexible lower level, driveway parking, and an attached garage.
Where is this duplex located?
The property is located at 3526 Edson Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms and 1 bathroom; Built in 1975; Lower‑level bonus rooms
