Immaculate Duplex with Strong
For Sale
$1,150,000
718 Rosedale Avenue, Bronx, NY 10473
New duplex with excellent tenants and high rental income.
Property Size1,944 SF
Price / SF$591.56
Days on Market446
Property Features for 718 Rosedale Avenue
General Information
Standard status
Active
Size
1,944 SF
Property subtype
Triplex
Taxes and HOA fees
Annual Taxes
$6,970
Amenities
No, Yes, 1.0
Square Feet
No
Other, Public
Other
Brick
Building Details
Year Built
1970
Listing Agency:
B2B Real Estate Group Inc
Listed By:
Inbal Levy · License #10311208049
(347) 517-8828
Source:
Compass
Added: Jun 27, 2025
Changed: Sep 14
Last Checked: Sep 14 at 10:55AM
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 B2B Real Estate Group Inc
Investment Insights
Based on property information with market context.
This is a brand new duplex property, fully completed a year ago and in immaculate condition. Each unit features 2 bedrooms. The property has a great rent roll and all new plumbing, electric, and tiles throughout. Excellent tenants are in place with legitimate proofs available. Front parking is available. There is room to build or extend the property. Tenants pay their own utilities. The current rent roll is $101,000.
Key Highlights
- High Rent Roll: $101,000 annually.
- Excellent Paying Tenants: Legit proofs available.
- Fully Renovated: New plumbing, electric, and tiles throughout.
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
$49,381
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
4.29%
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%
$987,620
$987.6K
Cap Rate 7%
$705,443
$705.4K
Cap Rate 9%
$548,678
$548.7K
Market Conditions
NOI Build-Up for 1,944 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
$74.6K $38.40/SF
− Vacancy
−$4.1K −$2.11/SF
EGI
$70.5K $36.29/SF
− OpEx
−$21.2K −$10.89/SF
NOI
$49.4K $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%
$987,620
Cap Rate 7%
$705,443
Cap Rate 9%
$548,678
Alternative Uses
Best Use
Multifamily LT 5
$705.4K
$617.3K – $823.0K
NOI $49,381 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$638.8K
$559.0K – $745.3K
NOI $44,719 @ 7.0% cap · market cap 3.89%
Theoretical Best
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,294 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,505
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
Check the figures for this property
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 - New duplex with excellent tenants and high rental income.
Where is this duplex located?
The property is located at 718 Rosedale Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High Rent Roll: $101,000 annually.; Excellent Paying Tenants: Legit proofs available.; Fully Renovated: New plumbing, electric, and tiles throughout.
