Semi-Attached Two-Family
717 East 215th Street Bronx, NY 10467
New
717 East 215th Street, Bronx, NY, 10467
$875,000
Pending
For Sale
$875,000
Pending
Move-in-ready two-family residence with separate utilities for each unit and multiple bedrooms per unit.
Property Size3,001 SF
Days on Market3
Property Features for 717 East 215th Street
General Information
- Standard status
- Pending
- Size
- 3,001 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2006
Listing agency
Connect RE Corp.
(718) 717-1455
Listed by
Veronica Suarez · License #40SU1076200
(718) 717-1455
Source
Compass
Added: Jul 21 Updated: Jul 22 at 1:55PM Checked: Jul 22 at 1:55PM
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 Connect RE Corp.
Investment Insights
Based on property information with market context.
This move-in-ready, semi-attached two-family home is well maintained and configured as two separate duplex units. Both units have separate utilities, with each unit paying its own heat, hot water, and electricity. Unit 1 offers 3 bedrooms, 2 full baths, and backyard access, with handicap-accessible main living areas. Unit 2 offers 3 bedrooms, 2.5 baths, and includes a walk-in closet.
The property is conveniently located near the 2 train, the Bronx River Parkway, and nearby shopping, schools, and parks.
Designed for straightforward occupancy management with separate utility billing, this home is set up as an owner-occupant or investment opportunity with two independent residential units.
The property is conveniently located near the 2 train, the Bronx River Parkway, and nearby shopping, schools, and parks.
Designed for straightforward occupancy management with separate utility billing, this home is set up as an owner-occupant or investment opportunity with two independent residential units.
Key Highlights
- Semi‑attached 2‑family home built in 2006
- Each unit is a duplex with separate utilities—each unit pays its own heat, hot water, and electricity
- Unit 1 offers 3 bedrooms, 2 full baths, backyard access, and handicap‑accessible main living areas
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.6k | $37.20 |
| − Vacancy | −$7.3k | −$2.42 |
| EGI | $104.4k | $34.78 |
| − OpEx | −$31.3k | −$10.43 |
| NOI | $73.1k | $24.35 |
3,001 SF · lease $37.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$913.3K – $1.22M
NOI $73,067 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$932.9K
$816.3K – $1.09M
NOI $65,302 @ 7.0% cap · market cap 7.46%
Theoretical Best
Warehouse
$2.08M
$1.82M – $2.43M
NOI $145,564 @ 7.0% cap · market cap 16.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Move-in-ready two-family residence with separate utilities for each unit and multiple bedrooms per unit.
Where is this duplex located?
The property is located at 717 East 215th Street Bronx, NY.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Semi‑attached 2‑family home built in 2006; Each unit is a duplex with separate utilities—each unit pays its own heat, hot water, and electricity; Unit 1 offers 3 bedrooms, 2 full baths, backyard access, and handicap‑accessible main living areas
