Legal Two-Family
4558 Richardson Avenue, Bronx, NY 10470
For Sale
$1,200,000
Two three-bedroom units are complemented by a finished basement and two-car parking.
Property Size1,936 SF
Price / SF$619.83
Days on Market61
Property Features for 4558 Richardson Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
YourHomeSold Guaranteed Realty
Listed By:
Garfield A. Bull
(646) 851-6799
Source:
Shawmetro
Added: Sep 10
Changed: Nov 8
Last Checked: Nov 8 at 2:55PM
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.
Built in 1910, this legal two-family residence at 4558 Richardson Avenue in the Bronx offers a three-bedroom-over-three-bedroom configuration. The property contains approximately 1,936 square feet, with two residential units arranged for separate household use.
A finished basement adds a bedroom and flexible additional space. Two-car parking is also included. The property is located near shopping, dining, schools, and parks, with access to the 2 and 5 subway lines, local bus routes, and Metro-North service.
A finished basement adds a bedroom and flexible additional space. Two-car parking is also included. The property is located near shopping, dining, schools, and parks, with access to the 2 and 5 subway lines, local bus routes, and Metro-North service.
Key Highlights
- Legal two‑family property with a three‑bedroom‑over‑three‑bedroom layout
- Approximately 1,936 square feet; built in 1910
- Finished basement includes one bedroom and additional flexible space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,177
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,540
$983.5K
Cap Rate 7%
$702,529
$702.5K
Cap Rate 9%
$546,411
$546.4K
Market Conditions
NOI Build-Up for 1,936 SF
Gross rent
$74.3K $38.40/SF
− Vacancy
−$4.1K −$2.11/SF
EGI
$70.3K $36.29/SF
− OpEx
−$21.1K −$10.89/SF
NOI
$49.2K $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%
$983,540
Cap Rate 7%
$702,529
Cap Rate 9%
$546,411
Alternative Uses
Best Use
Multifamily LT 5
$702.5K
$614.7K – $819.6K
NOI $49,177 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$636.2K
$556.7K – $742.3K
NOI $44,535 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$923.8K
$808.3K – $1.08M
NOI $64,663 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,073
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
$500,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Two three-bedroom units are complemented by a finished basement and two-car parking.
Where is this duplex located?
The property is located at 4558 Richardson Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Legal two‑family property with a three‑bedroom‑over‑three‑bedroom layout; Approximately 1,936 square feet; built in 1910; Finished basement includes one bedroom and additional flexible space
