Brick Two-Family
For Sale
$850,000
3583 Fish Avenue, Bronx, NY 10469
The tenant-occupied residence includes a shared driveway and an attached garage.
Property Size3,038 SF
Price / SF$279.79
Days on Market54
Property Features for 3583 Fish Avenue
General Information
Standard status
Active
Size
3,038 SF
Total Parking Spaces
1
Property subtype
Residential Income
Additional Details
Public Transit
Yes
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,330
Amenities
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
3,038 SF
Year Built
1920
Units
2
Construction
brick
Listing Agency:
Keller Williams Realty Greater
(516) 873-7100
Listed By:
Joseph DeVito ABR
(516) 770-3782
Source:
Croninreale
Added: Sep 1
Changed: Oct 23
Last Checked: Oct 23 at 5:06PM
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 Greater
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Investment Insights
Based on property information with market context.
This 3,038-square-foot brick duplex is configured as a legal two-family residence. Built in 1920, it is currently occupied by tenants and has an attached garage accessed from a shared driveway.
Neighborhood shopping, dining, schools, and transportation are nearby. The property also has access to the 2 and 5 subway lines and the Gun Hill Road corridor.
Neighborhood shopping, dining, schools, and transportation are nearby. The property also has access to the 2 and 5 subway lines and the Gun Hill Road corridor.
Key Highlights
- Legal two‑family residence with 3,038 square feet
- Brick construction; built in 1920
- Attached garage and shared driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,170
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,543,400
$1.5M
Cap Rate 7%
$1,102,429
$1.1M
Cap Rate 9%
$857,444
$857.4K
Market Conditions
NOI Build-Up for 3,038 SF
Gross rent
$116.7K $38.40/SF
− Vacancy
−$6.4K −$2.11/SF
EGI
$110.2K $36.29/SF
− OpEx
−$33.1K −$10.89/SF
NOI
$77.2K $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%
$1,543,400
Cap Rate 7%
$1,102,429
Cap Rate 9%
$857,444
Alternative Uses
Best Use
Multifamily LT 5
$1.10M
$964.6K – $1.29M
NOI $77,170 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$998.4K
$873.6K – $1.16M
NOI $69,885 @ 7.0% cap · market cap 8.22%
Theoretical Best
Warehouse
$2.11M
$1.84M – $2.46M
NOI $147,358 @ 7.0% cap · market cap 17.34%
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
2,068
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The tenant-occupied residence includes a shared driveway and an attached garage.
Where is this duplex located?
The property is located at 3583 Fish Avenue 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: Legal two‑family residence with 3,038 square feet; Brick construction; built in 1920; Attached garage and shared driveway
