Detached Duplex with Full
For Sale
$915,000
4412 Bronx Boulevard, Bronx, NY 10470
Two-family layout includes a full basement and access to shopping, dining, schools, parks, highways, and public transportation.
Property Size3,294 SF
Price / SF$277.78
Days on Market15
Property Features for 4412 Bronx Boulevard
General Information
Standard status
Active
Size
3,294 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,712
Building Details
Building Size
3,294 SF
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
YourHomeSold Guaranteed Realty
(917) 568-5763
Listed By:
Bakary Camara · License #40CA1173900
Source:
Shawmetro
Added: Jul 29
Changed: Aug 10
Last Checked: Aug 11 at 12:33PM
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
Investment Insights
Based on property information with market context.
This detached duplex-style residence contains two family units within a 3,294-square-foot layout. Built in 1920, the property includes a full basement and a spacious floor plan that provides additional interior space beyond the main living areas.
Located at 4412 Bronx Boulevard in the Wakefield section of the Bronx, the home is near shopping, dining, schools, parks, major highways, and public transportation. Its two-family configuration and basement are the primary physical features of the property.
Located at 4412 Bronx Boulevard in the Wakefield section of the Bronx, the home is near shopping, dining, schools, parks, major highways, and public transportation. Its two-family configuration and basement are the primary physical features of the property.
Key Highlights
- Detached two‑family home with duplex‑style configuration
- 3,294 square feet of property size
- Full basement included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$83,673
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,673,460
$1.7M
Cap Rate 7%
$1,195,329
$1.2M
Cap Rate 9%
$929,700
$929.7K
Market Conditions
NOI Build-Up for 3,294 SF
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.
Gross rent
$126.5K $38.40/SF
− Vacancy
−$7.0K −$2.11/SF
EGI
$119.5K $36.29/SF
− OpEx
−$35.9K −$10.89/SF
NOI
$83.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,673,460
Cap Rate 7%
$1,195,329
Cap Rate 9%
$929,700
Alternative Uses
Best Use
Multifamily LT 5
$1.20M
$1.05M – $1.39M
NOI $83,673 @ 7.0% cap · market cap 9.14%
Second Best
Apartment 5plus
$1.08M
$947.2K – $1.26M
NOI $75,774 @ 7.0% cap · market cap 8.28%
Theoretical Best
Warehouse
$2.28M
$2.00M – $2.66M
NOI $159,776 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,819
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family layout includes a full basement and access to shopping, dining, schools, parks, highways, and public transportation.
Where is this duplex located?
The property is located at 4412 Bronx Boulevard Bronx, NY.
What is the asking price?
The asking price for this property is $915,000.
What are key features of this property?
This property features: Detached two‑family home with duplex‑style configuration; 3,294 square feet of property size; Full basement included
