Duplex with Private
4220 Herkimer Pl, Bronx, NY 10470
For Sale
$800,000
Both kitchens feature stainless steel appliances, alongside updated bathrooms and refreshed interior finishes.
Property Size1,640 SF
Price / SF$487.80
Days on Market17
Property Features for 4220 Herkimer Pl
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
Coldwell Banker American Homes
Listed By:
Richard Marin SFR · License #KEY168053
(516) 223-2525
Source:
Searchhomesinlongisland
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 6:38AM
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 American Homes
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 1925, this 1,640-square-foot duplex is configured as a two-family home. The interiors have been updated, with bright living areas, kitchens fitted with stainless steel appliances, and refreshed bathrooms. A private backyard adds outdoor space to the property.
Shops and restaurants along Katonah Avenue, Van Cortlandt Park, and Metro-North transportation are all described as minutes away.
Shops and restaurants along Katonah Avenue, Van Cortlandt Park, and Metro-North transportation are all described as minutes away.
Key Highlights
- Two‑family duplex with 1,640 square feet
- Built in 1925
- Updated kitchens with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,659
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$833,180
$833.2K
Cap Rate 7%
$595,129
$595.1K
Cap Rate 9%
$462,878
$462.9K
Market Conditions
NOI Build-Up for 1,640 SF
Gross rent
$63.0K $38.40/SF
− Vacancy
−$3.5K −$2.11/SF
EGI
$59.5K $36.29/SF
− OpEx
−$17.9K −$10.89/SF
NOI
$41.7K $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%
$833,180
Cap Rate 7%
$595,129
Cap Rate 9%
$462,878
Alternative Uses
Best Use
Multifamily LT 5
$595.1K
$520.7K – $694.3K
NOI $41,659 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$538.9K
$471.6K – $628.8K
NOI $37,726 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$782.5K
$684.7K – $912.9K
NOI $54,776 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
Explore this area
Business Placement
Demographics for 10470, NY
16,686
Population
6,869
Households
2.4
Avg Household Size
38
Median Age
41%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
11,919
Density / Sq Mi
$81,134
Median Household Income
$54,227
Median Earnings
$1,656
Median Rent
$500,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Bronx, NY
Properties on Market for Duplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both kitchens feature stainless steel appliances, alongside updated bathrooms and refreshed interior finishes.
Where is this duplex located?
The property is located at 4220 Herkimer Pl Bronx, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑family duplex with 1,640 square feet; Built in 1925; Updated kitchens with stainless steel appliances
