Duplex with Finished
For Sale
$799,000
4432 Carpenter Avenue, Bronx, NY 10470
Separate living areas include a three-bedroom upper apartment and a two-bedroom first-floor unit.
Property Size1,721 SF
Price / SF$464.26
Days on Market149
Property Features for 4432 Carpenter Avenue
General Information
Standard status
Active
Size
1,721 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,212
Building Details
Building Size
1,721 SF
Year Built
1920
Listing Agency:
Century 21 Galvez
Listed By:
Alexander Galvez · License #REB.0792388
(718) 409-6300
Source:
Dallingrealestate
Added: Jun 5
Changed: Oct 26
Last Checked: Oct 26 at 2:33PM
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 Century 21 Galvez
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Investment Insights
Based on property information with market context.
This 1,721-square-foot duplex, built in 1920, has a three-bedroom, one-bathroom apartment on the upper level and a two-bedroom, one-bathroom unit on the first floor. The finished basement adds a further two-bedroom, one-bathroom layout. The first-floor space and basement can be delivered vacant.
The property is at 4432 Carpenter Avenue in the Bronx. Shopping, schools, restaurants, public transportation, and major highways are identified among the nearby amenities.
The property is at 4432 Carpenter Avenue in the Bronx. Shopping, schools, restaurants, public transportation, and major highways are identified among the nearby amenities.
Key Highlights
- Three‑bedroom, one‑bathroom upper‑level apartment
- Two‑bedroom, one‑bathroom first‑floor unit
- Finished basement with an additional two‑bedroom, one‑bathroom layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,716
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$874,320
$874.3K
Cap Rate 7%
$624,514
$624.5K
Cap Rate 9%
$485,733
$485.7K
Market Conditions
NOI Build-Up for 1,721 SF
Gross rent
$66.1K $38.40/SF
− Vacancy
−$3.6K −$2.11/SF
EGI
$62.5K $36.29/SF
− OpEx
−$18.7K −$10.89/SF
NOI
$43.7K $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%
$874,320
Cap Rate 7%
$624,514
Cap Rate 9%
$485,733
Alternative Uses
Best Use
Multifamily LT 5
$624.5K
$546.5K – $728.6K
NOI $43,716 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$565.6K
$494.9K – $659.8K
NOI $39,589 @ 7.0% cap · market cap 4.95%
Theoretical Best
Warehouse
$1.19M
$1.04M – $1.39M
NOI $83,477 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,961
Businesses Nearby
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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
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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 - Separate living areas include a three-bedroom upper apartment and a two-bedroom first-floor unit.
Where is this duplex located?
The property is located at 4432 Carpenter Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three‑bedroom, one‑bathroom upper‑level apartment; Two‑bedroom, one‑bathroom first‑floor unit; Finished basement with an additional two‑bedroom, one‑bathroom layout
