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Two-Family Residence with Garage
For Sale
$799,000

4159 Wilder Ave, Bronx, NY 10466

Legally configured income property with flexible two-unit or single-residence use and a detached garage.

Property Size2,304 SF
Lot Size0.14 Acres
Price / SF$346.79
Days on Market121

Property Features for 4159 Wilder Ave

General Information

Standard status Active
Size 2,304 SF
Total Parking Spaces 2
Lot size 0.14 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Building Details

Year Built 1920
Listing Agency: Iconic Pros
Listed By: Evelyn Garcia · License #1.04E+11
Source: Searchhomesinlongisland
Added: Jul 9 Changed: Nov 1 Last Checked: Nov 4 at 2:08PM

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 Iconic Pros

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Investment Insights

Based on property information with market context.

Located at 4159 Wilder Avenue in the Wakefield section of the Bronx, this 2,304-square-foot residence is legally arranged as two one-bedroom, one-bath units and is currently used as a single-family home. The layout offers flexibility for continued single-residence occupancy or a return to the approved two-family configuration.

The property includes the primary 25-by-95 lot and the contiguous parcel at 4161 Wilder Avenue, which measures 40 by 95 and carries its own annual property tax. A detached two-car garage adds useful on-site parking and storage. Interior features include hardwood flooring, radiator heat, window A/C, gas cooking, an upgraded oil tank, and a hot water heater installed one year ago. The property is near shops, restaurants, schools, parks, transit, and major highways.

Key Highlights

  • Legal two‑family configuration with two one‑bedroom, one‑bath units
  • 2,304 square feet of living area
  • Two separate tax lots: 25 by 95 and contiguous 40 by 95 parcels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,525
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,170,500 $1.2M
Cap Rate 7%
$836,071 $836.1K
Cap Rate 9%
$650,278 $650.3K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$88.5K $38.40/SF
− Vacancy
−$4.9K −$2.11/SF
EGI
$83.6K $36.29/SF
− OpEx
−$25.1K −$10.89/SF
NOI
$58.5K $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%
$1,170,500
Cap Rate 7%
$836,071
Cap Rate 9%
$650,278

Alternative Uses

Best Use
Multifamily LT 5
$836.1K
$731.6K – $975.4K (±1% cap)
NOI $58,525 @ 7.0% cap · market cap 7.32%
Second Best
Apartment 5plus
$757.1K
$662.5K – $883.3K (±1% cap)
NOI $53,000 @ 7.0% cap · market cap 6.63%
Theoretical Best
Warehouse
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,756 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,469
Businesses Nearby

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
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

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

Frequently Asked Questions

What type of property is this?
Duplex - Legally configured income property with flexible two-unit or single-residence use and a detached garage.
Where is this duplex located?
The property is located at 4159 Wilder Ave Bronx, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Legal two‑family configuration with two one‑bedroom, one‑bath units; 2,304 square feet of living area; Two separate tax lots: 25 by 95 and contiguous 40 by 95 parcels
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