Two-Family Duplex
For Sale
$949,999
5 Stanton Court, Bronx, NY 10473
Two residential units feature hardwood flooring, flexible layouts, and access to community amenities.
Property Size2,420 SF
Days on Market10
Property Features for 5 Stanton Court
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Duplex
Units
Unit Mix
3BR/2BA, 2BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,195
Amenities
Shorehaven Clubhouse
swimming pool
Building Details
Building Size
2,420 SF
Year Built
2002
Buildings
1
Listing Agency:
RE/MAX Top
Listed By:
Miriam Soto · License #30SO0828290
(917) 837-7600
Source:
Serhant
Added: Aug 25
Changed: Sep 1
Last Checked: Sep 2 at 9:25PM
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 RE/MAX Top
Investment Insights
Based on property information with market context.
Built in 2002, this two-family duplex property combines a three-bedroom main residence with a separate two-bedroom apartment. The primary unit includes two full bathrooms, a laundry room, hardwood flooring, and an open kitchen fitted with granite countertops and appliances. The additional residence also features hardwood floors and provides a distinct living arrangement within the property.
Parking includes three assigned spaces along with additional parking. Residents have access to the Shorehaven Clubhouse and swimming pool, while the NYC Ferry and other transportation options are located just minutes away.
Parking includes three assigned spaces along with additional parking. Residents have access to the Shorehaven Clubhouse and swimming pool, while the NYC Ferry and other transportation options are located just minutes away.
Key Highlights
- Three‑bedroom duplex with 2 full bathrooms and a laundry room
- Separate 2‑bedroom apartment with hardwood floors
- Main residence includes an open‑concept kitchen with granite countertops and appliances
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
$61,472
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
6.47%
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%
$1,229,440
$1.2M
Cap Rate 7%
$878,171
$878.2K
Cap Rate 9%
$683,022
$683.0K
Market Conditions
NOI Build-Up for 2,420 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
$92.9K $38.40/SF
− Vacancy
−$5.1K −$2.11/SF
EGI
$87.8K $36.29/SF
− OpEx
−$26.3K −$10.89/SF
NOI
$61.5K $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%
$1,229,440
Cap Rate 7%
$878,171
Cap Rate 9%
$683,022
Alternative Uses
Best Use
Multifamily LT 5
$878.2K
$768.4K – $1.02M
NOI $61,472 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$795.3K
$695.9K – $927.8K
NOI $55,669 @ 7.0% cap · market cap 5.86%
Theoretical Best
Warehouse
$1.68M
$1.47M – $1.96M
NOI $117,382 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
551
Businesses Nearby
Explore this area
Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
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 residential units feature hardwood flooring, flexible layouts, and access to community amenities.
Where is this duplex located?
The property is located at 5 Stanton Court Bronx, NY.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Three‑bedroom duplex with 2 full bathrooms and a laundry room; Separate 2‑bedroom apartment with hardwood floors; Main residence includes an open‑concept kitchen with granite countertops and appliances
