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Two-Unit Duplex with Renovated Apartment
For Sale
$925,000

360 E 167th Street, New York, NY 10456

The upper residence has been updated, while the lower unit spans three floors and includes a finished basement.

Property Size2,496 SF
Price / SF$370.59
Days on Market33

Property Features for 360 E 167th Street

General Information

Standard status Active
Size 2,496 SF
Property subtype Duplex

Site & Location

Neighborhood Southwest Bronx
Public Transit Yes

Additional Details

Multifamily Units 2

Amenities

smart lock entry
dishwasher
washer/dryer
24-hour security cameras

Building Details

Year Built 2006
Buildings 1
Listing Agency: Braithwaite Realty LLC
Listed By: Joseph A. De Marco · License #10401293827
Source: Neilcharlesrealestate
Added: Sep 28 Changed: Oct 30 Last Checked: Oct 30 at 1:59AM

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 Braithwaite Realty LLC

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Investment Insights

Based on property information with market context.

This 2,496-square-foot duplex contains two residences. The upper apartment has two bedrooms and was renovated in January 2026, with updated kitchen appliances, stone countertop, flooring, recessed lighting, bathroom fixtures, and ceiling fans. The lower unit extends across three floors, including a finished basement, and features a dishwasher, washer and dryer, stone countertop, under-cabinet lighting, recessed lighting, and ceiling fans.

Smart locks provide remote entry at the main and apartment doors, and security cameras monitor the property around the clock. Nearby transit includes BX35, BX32, BX41, subway lines B, D, 4, 2, and 5, and the Melrose Metro-North station, a 10-minute walk away.

Key Highlights

  • 2,496 square feet of interior living space
  • Two‑bedroom upper apartment renovated in January 2026
  • Lower residence spans three floors and includes a finished basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,744
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,880 $1.3M
Cap Rate 7%
$924,914 $924.9K
Cap Rate 9%
$719,378 $719.4K
Market Conditions
NOI Build-Up for 2,496 SF
Gross rent
$95.8K $38.40/SF
− Vacancy
−$3.4K −$1.34/SF
EGI
$92.5K $37.06/SF
− OpEx
−$27.7K −$11.12/SF
NOI
$64.7K $25.94/SF
Area
ZIP 10456
Vacancy
3.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,294,880
Cap Rate 7%
$924,914
Cap Rate 9%
$719,378

Alternative Uses

Best Use
Multifamily LT 5
$924.9K
$809.3K – $1.08M (±1% cap)
NOI $64,744 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$834.0K
$729.7K – $973.0K (±1% cap)
NOI $58,378 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,418 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

5,482
Businesses Nearby

Demographics for 10456, NY

93,412
Population
33,321
Households
2.8
Avg Household Size
34
Median Age
14%
College-Educated
68%
High-School Grad
1.1 sq mi
ZIP Area
84,920
Density / Sq Mi
$35,676
Median Household Income
$30,340
Median Earnings
$1,194
Median Rent
$428,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The upper residence has been updated, while the lower unit spans three floors and includes a finished basement.
Where is this duplex located?
The property is located at 360 E 167th Street New York, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2,496 square feet of interior living space; Two‑bedroom upper apartment renovated in January 2026; Lower residence spans three floors and includes a finished basement
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