Renovated Two-Family
For Sale
$1,085,000
681 E 236 Street, Bronx, NY 10466
Residential Income, Bronx, NY
Property Size2,226 SF
Price / SF$487.42
Days on Market49
Property Features for 681 E 236 Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 4, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 2
Subdivision
East Bronx
Standard status
Active
Size
2,226 SF
Building Details
Floors in Building
2
Listing Agency:
PELWAY REALTY
(718) 547-5650
Listed By:
Bill Rizopoulos
(917) 841-5462
Added: Aug 19
Changed: Sep 15
Last Checked: Oct 6 at 2:06AM
MLS# 11941458
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated two-family residence contains 2226 square feet across two separate homes. The upper residence provides four bedrooms and one bathroom, along with a living room, kitchen, and additional attic space. The first-floor unit includes three bedrooms, 1.5 bathrooms, an open living area, kitchen, and den. A finished basement adds a full bathroom, storage, and a boiler room. Each residence has its own hot water tank and utility meter.
Recent improvements include new windows, updated plumbing, upgraded electrical systems, and hardwood flooring throughout. The property also includes a private driveway with multi-car parking. Located in the Bronx, the home is within walking distance of the 2 and 5 subway lines, Metro-North, express bus service, and local shopping.
Recent improvements include new windows, updated plumbing, upgraded electrical systems, and hardwood flooring throughout. The property also includes a private driveway with multi-car parking. Located in the Bronx, the home is within walking distance of the 2 and 5 subway lines, Metro-North, express bus service, and local shopping.
Key Highlights
- Two‑family property with 2226 square feet
- Upper unit offers 4 bedrooms and 1 bathroom
- First‑floor unit includes 3 bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,544
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,130,880
$1.1M
Cap Rate 7%
$807,771
$807.8K
Cap Rate 9%
$628,267
$628.3K
Market Conditions
NOI Build-Up for 2,226 SF
Gross rent
$85.5K $38.40/SF
− Vacancy
−$4.7K −$2.11/SF
EGI
$80.8K $36.29/SF
− OpEx
−$24.2K −$10.89/SF
NOI
$56.5K $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%
$1,130,880
Cap Rate 7%
$807,771
Cap Rate 9%
$628,267
Alternative Uses
Best Use
Multifamily LT 5
$807.8K
$706.8K – $942.4K
NOI $56,544 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$731.5K
$640.1K – $853.4K
NOI $51,206 @ 7.0% cap · market cap 4.72%
Theoretical Best
Warehouse
$1.54M
$1.35M – $1.80M
NOI $107,972 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,137
Businesses Nearby
Explore this area
Business Placement
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
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
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit residence with finished basement, separate utilities, and private driveway parking.
Where is this duplex located?
The property is located at 681 E 236 Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,085,000.
What are key features of this property?
This property features: Two‑family property with 2226 square feet; Upper unit offers 4 bedrooms and 1 bathroom; First‑floor unit includes 3 bedrooms and 1.5 bathrooms
