Two-Unit Duplex
For Sale
$1,200,000
416 Revere Avenue, Bronx, NY 10465
Each residence has three bedrooms, and the property includes a finished walkout basement and detached garage.
Property Size2,550 SF
Price / SF$470.59
Days on Market395
Property Features for 416 Revere Avenue
General Information
Standard status
Active
Size
2,550 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR duplex
Multifamily Units
2
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$11,495
Amenities
Primary Bathroom
Building Details
Building Size
2,550 SF
Year Built
2023
Buildings
1
Units
2
Listing Agency:
Coldwell Banker Realty
(914) 997-0097
Listed By:
Carolyn Constantine
(929) 215-4963
Source:
Croninreale
Added: Sep 24, 2025
Changed: Oct 23
Last Checked: Oct 23 at 4:06PM
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 Coldwell Banker Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this 2,550-square-foot duplex property contains two three-bedroom units arranged over two levels. A finished walkout basement adds space, with a direct connection to the private backyard. The property also includes a detached garage with capacity for two cars. Both units are tenant-occupied.
Key Highlights
- Two three‑bedroom duplex units
- 2,550 square feet; built in 2023
- Finished walkout basement with direct backyard access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,774
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,480
$1.3M
Cap Rate 7%
$925,343
$925.3K
Cap Rate 9%
$719,711
$719.7K
Market Conditions
NOI Build-Up for 2,550 SF
Gross rent
$97.9K $38.40/SF
− Vacancy
−$5.4K −$2.11/SF
EGI
$92.5K $36.29/SF
− OpEx
−$27.8K −$10.89/SF
NOI
$64.8K $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%
$1,295,480
Cap Rate 7%
$925,343
Cap Rate 9%
$719,711
Alternative Uses
Best Use
Multifamily LT 5
$925.3K
$809.7K – $1.08M
NOI $64,774 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$838.0K
$733.2K – $977.7K
NOI $58,659 @ 7.0% cap · market cap 4.89%
Theoretical Best
Warehouse
$1.77M
$1.55M – $2.06M
NOI $123,688 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
988
Businesses Nearby
Explore this area
Business Placement
Demographics for 10465, NY
45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, and the property includes a finished walkout basement and detached garage.
Where is this duplex located?
The property is located at 416 Revere Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two three‑bedroom duplex units; 2,550 square feet; built in 2023; Finished walkout basement with direct backyard access
