Two-Family Duplex
For Sale
$569,000
Pending
4162 De Reimer Avenue, Bronx, NY 10466
Residential income property dating to 1920 and positioned in the Bronx borough of New York City.
Property Size1,476 SF
Days on Market900
Property Features for 4162 De Reimer Avenue
General Information
Standard status
Pending
Size
1,476 SF
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
NEEDS OF TLC
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,042
Building Details
Year Built
1920
Listing Agency:
YourHomeSold Guaranteed Realty
(718) 324-6060
Listed By:
Bakary Camara · License #40CA1173900
(917) 568-5763
Source:
Exitrealty
Added: May 4, 2024
Changed: Oct 3
Last Checked: Oct 2 at 6:45PM
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 YourHomeSold Guaranteed Realty
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Investment Insights
Based on property information with market context.
This two-family duplex property at 4162 De Reimer Avenue was built in 1920 and is located in the Bronx, NY 10466. The residence requires TLC, offering a renovation-focused opportunity for an owner or investor seeking a two-family configuration.
The property is being offered for sale. Showings are not currently available, and no additional showings are scheduled at this time.
The property is being offered for sale. Showings are not currently available, and no additional showings are scheduled at this time.
Key Highlights
- Two‑family duplex configuration
- Built in 1920
- Located at 4162 De Reimer Avenue, Bronx, NY 10466
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,493
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,860
$749.9K
Cap Rate 7%
$535,614
$535.6K
Cap Rate 9%
$416,589
$416.6K
Market Conditions
NOI Build-Up for 1,476 SF
Gross rent
$56.7K $38.40/SF
− Vacancy
−$3.1K −$2.11/SF
EGI
$53.6K $36.29/SF
− OpEx
−$16.1K −$10.89/SF
NOI
$37.5K $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%
$749,860
Cap Rate 7%
$535,614
Cap Rate 9%
$416,589
Alternative Uses
Best Use
Multifamily LT 5
$535.6K
$468.7K – $624.9K
NOI $37,493 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$485.0K
$424.4K – $565.9K
NOI $33,953 @ 7.0% cap · market cap 5.97%
Theoretical Best
Warehouse
$1.02M
$894.9K – $1.19M
NOI $71,593 @ 7.0% cap · market cap 12.58%
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
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Residential income property dating to 1920 and positioned in the Bronx borough of New York City.
Where is this duplex located?
The property is located at 4162 De Reimer Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑family duplex configuration; Built in 1920; Located at 4162 De Reimer Avenue, Bronx, NY 10466
