Two-Family Duplex with
4238 Vireo Avenue Bronx, NY 10470
4238 Vireo Avenue, Bronx, NY, 10470
$669,000
For Sale
$669,000
Bright two-family duplex with 3-bedroom duplex over a separate 1-bedroom unit, plus an enclosed rear porch and patio.
Property Size1,632 SF
Price / SF$409.93
Days on Market48
Property Features for 4238 Vireo Avenue
General Information
- Standard status
- Active
- Size
- 1,632 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1901
Listing agency
Houlihan Lawrence Inc.
(914) 328-8400
Listed by
Tony Murphy
(914) 328-8400
Source
Compass
Added: Jun 5 Updated: Jul 21 at 4:45PM Checked: Jul 21 at 4:45PM
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 Houlihan Lawrence Inc.
Investment Insights
Based on property information with market context.
This well-maintained two-family duplex features freshly painted interiors, high ceilings, and hardwood flooring. The main duplex includes a front porch, a living room with fireplace, an eat-in kitchen, a powder room, a laundry closet, and an enclosed rear porch. The upper level offers three bedrooms with storage and a full bathroom.
A separate one-bedroom apartment is accessed via its own private entrance. Outside, the property includes a rear patio and garden area.
Located in the Woodlawn section of the Bronx, the home is described as being within walking distance of restaurants and shopping, with multiple transit options including buses and the Metro-North train for commuting.
A separate one-bedroom apartment is accessed via its own private entrance. Outside, the property includes a rear patio and garden area.
Located in the Woodlawn section of the Bronx, the home is described as being within walking distance of restaurants and shopping, with multiple transit options including buses and the Metro-North train for commuting.
Key Highlights
- Bright 2‑family property with a 3‑bedroom, 1.5‑bath duplex over a separate 1‑bedroom apartment
- Lower level 1‑bedroom unit has its own private entrance for independent access
- Finished full walk‑out basement provides additional space, with washer/dryer hook‑up in‑unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $38.40 |
| − Vacancy | −$3.4k | −$2.11 |
| EGI | $59.2k | $36.29 |
| − OpEx | −$17.8k | −$10.89 |
| NOI | $41.5k | $25.40 |
1,632 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$592.2K
$518.2K – $690.9K
NOI $41,455 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$536.3K
$469.3K – $625.7K
NOI $37,542 @ 7.0% cap · market cap 5.61%
Theoretical Best
Warehouse
$1.13M
$989.5K – $1.32M
NOI $79,160 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Bright two-family duplex with 3-bedroom duplex over a separate 1-bedroom unit, plus an enclosed rear porch and patio.
Where is this duplex located?
The property is located at 4238 Vireo Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Bright 2‑family property with a 3‑bedroom, 1.5‑bath duplex over a separate 1‑bedroom apartment; Lower level 1‑bedroom unit has its own private entrance for independent access; Finished full walk‑out basement provides additional space, with washer/dryer hook‑up in‑unit
