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2-Family Duplex with Finished Basement
For Sale
$899,000

737 Revere Avenue, Bronx, NY 10465

Two separate floor layouts each provide two bedrooms and one bathroom.

Property Size1,600 SF
Price / SF$561.88
Days on Market41

Property Features for 737 Revere Avenue

General Information

Standard status Active
Size 1,600 SF
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,177

Amenities

Washer/Dryer Hookup

Building Details

Building Size 1,600 SF
Year Built 1935
Units 2
Listing Agency: At Home With Yara Realty
Listed By: Yara Annechiarico · License #11111111111111111111
Source: Halknopfrealty
Added: Sep 21 Changed: Oct 25 Last Checked: Oct 29 at 9:59PM

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 At Home With Yara Realty

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Investment Insights

Based on property information with market context.

This two-family home in the Bronx has a two-bedroom, one-bathroom layout on each floor, along with a finished basement. Built in 1935, the property is located at 737 Revere Avenue in the Throggs Neck area.

Shopping, schools, transportation, and major highways are nearby. The two-floor configuration and finished basement are defining physical features of the property.

Key Highlights

  • Two‑family home with a two‑bedroom, one‑bathroom layout on each floor
  • Finished basement
  • Built in 1935

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,643
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,860 $812.9K
Cap Rate 7%
$580,614 $580.6K
Cap Rate 9%
$451,589 $451.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$61.4K $38.40/SF
− Vacancy
−$3.4K −$2.11/SF
EGI
$58.1K $36.29/SF
− OpEx
−$17.4K −$10.89/SF
NOI
$40.6K $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%
$812,860
Cap Rate 7%
$580,614
Cap Rate 9%
$451,589

Alternative Uses

Best Use
Multifamily LT 5
$580.6K
$508.0K – $677.4K (±1% cap)
NOI $40,643 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$525.8K
$460.1K – $613.4K (±1% cap)
NOI $36,806 @ 7.0% cap · market cap 4.09%
Theoretical Best
Warehouse
$1.11M
$970.1K – $1.29M (±1% cap)
NOI $77,608 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,407
Businesses Nearby

Demographics for 10465, NY

45,799
Population
17,200
Households
2.7
Avg Household Size
40
Median Age
29%
College-Educated
86%
High-School Grad
3.9 sq mi
ZIP Area
11,743
Density / Sq Mi
$90,255
Median Household Income
$52,787
Median Earnings
$1,774
Median Rent
$602,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate floor layouts each provide two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 737 Revere Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two‑family home with a two‑bedroom, one‑bathroom layout on each floor; Finished basement; Built in 1935
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