Duplex
For Sale
$780,500
Pending
3610 Irwin Avenue, Bronx, NY 10463
Residential duplex built in 1935 and offered in as-is condition.
Property Size2,145 SF
Days on Market77
Property Features for 3610 Irwin Avenue
General Information
Standard status
Pending
Size
2,145 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$9,073
Building Details
Building Size
2,145 SF
Year Built
1935
Listing Agency:
REALHome Services & Solutions
Listed By:
Neven Spralja · License #10311209656
(949) 315-3946
Source:
Shawmetro
Added: Jul 22
Changed: Oct 2
Last Checked: Oct 5 at 8:58PM
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 REALHome Services & Solutions
Investment Insights
Based on property information with market context.
This residential duplex comprises 2,145 square feet and was constructed in 1935. The property is being offered in as-is condition, with prospective buyers expected to complete their own due diligence before bidding.
The property is located at 3610 Irwin Avenue, Bronx, NY 10463.
The property is located at 3610 Irwin Avenue, Bronx, NY 10463.
Key Highlights
- 2,145‑square‑foot residential duplex
- Built in 1935
- Offered in as‑is condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,486
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,720
$1.1M
Cap Rate 7%
$778,371
$778.4K
Cap Rate 9%
$605,400
$605.4K
Market Conditions
NOI Build-Up for 2,145 SF
Gross rent
$82.4K $38.40/SF
− Vacancy
−$4.5K −$2.11/SF
EGI
$77.8K $36.29/SF
− OpEx
−$23.4K −$10.89/SF
NOI
$54.5K $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%
$1,089,720
Cap Rate 7%
$778,371
Cap Rate 9%
$605,400
Alternative Uses
Best Use
Multifamily LT 5
$778.4K
$681.1K – $908.1K
NOI $54,486 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$704.9K
$616.8K – $822.4K
NOI $49,343 @ 7.0% cap · market cap 6.32%
Theoretical Best
Warehouse
$1.49M
$1.30M – $1.73M
NOI $104,043 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,081
Businesses Nearby
Explore this area
Business Placement
Demographics for 10463, NY
71,301
Population
30,602
Households
2.3
Avg Household Size
41
Median Age
44%
College-Educated
85%
High-School Grad
2.8 sq mi
ZIP Area
25,465
Density / Sq Mi
$72,952
Median Household Income
$48,409
Median Earnings
$1,611
Median Rent
$352,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Residential duplex built in 1935 and offered in as-is condition.
Where is this duplex located?
The property is located at 3610 Irwin Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $780,500.
What are key features of this property?
This property features: 2,145‑square‑foot residential duplex; Built in 1935; Offered in as‑is condition
