Duplex with Six-Car
New
For Sale
$1,200,000
643 Baker Avenue, Bronx, NY 10460
The 2003-built property offers 3,128 square feet and driveway parking for six or more cars.
Property Size3,128 SF
Price / SF$383.63
Days on Market2
Property Features for 643 Baker Avenue
General Information
Standard status
Active
Size
3,128 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,301
Amenities
First Floor Bedroom
Building Details
Building Size
3,128 SF
Year Built
2003
Units
2
Listing Agency:
More and More Real Estate
Listed By:
Marie Hoey
(845) 359-7676
Source:
Moreandmorerealestate
Added: Oct 31
Changed: Nov 1
Last Checked: Oct 31 at 9:12PM
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 More and More Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex was built in 2003 and contains 3,128 square feet. A driveway provides parking for six or more cars, with additional outdoor space on the property.
The property is described as being a short distance from a planned Metro-North station in Parkchester.
The property is described as being a short distance from a planned Metro-North station in Parkchester.
Key Highlights
- 3,128‑square‑foot duplex
- Built in 2003
- Driveway accommodates 6+ cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,456
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,589,120
$1.6M
Cap Rate 7%
$1,135,086
$1.1M
Cap Rate 9%
$882,844
$882.8K
Market Conditions
NOI Build-Up for 3,128 SF
Gross rent
$120.1K $38.40/SF
− Vacancy
−$6.6K −$2.11/SF
EGI
$113.5K $36.29/SF
− OpEx
−$34.1K −$10.89/SF
NOI
$79.5K $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 Rate 5%
$1,589,120
Cap Rate 7%
$1,135,086
Cap Rate 9%
$882,844
Alternative Uses
Best Use
Multifamily LT 5
$1.14M
$993.2K – $1.32M
NOI $79,456 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$1.03M
$899.4K – $1.20M
NOI $71,955 @ 7.0% cap · market cap 6.00%
Theoretical Best
Warehouse
$2.17M
$1.90M – $2.53M
NOI $151,724 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 10460, NY
62,625
Population
24,085
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
71%
High-School Grad
1.5 sq mi
ZIP Area
41,750
Density / Sq Mi
$36,067
Median Household Income
$31,283
Median Earnings
$1,332
Median Rent
$589,300
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 - The 2003-built property offers 3,128 square feet and driveway parking for six or more cars.
Where is this duplex located?
The property is located at 643 Baker 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: 3,128‑square‑foot duplex; Built in 2003; Driveway accommodates 6+ cars
