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Two-Unit Duplex with Finished Basement

748 Taylor Avenue, Bronx, NY 10473

For Sale
$895,000

One three-bedroom apartment is vacant, while the second is occupied.

Property Size2,760 SF
Price / SF$324.28
Days on Market22

Property Features for 748 Taylor Avenue

General Information

Standard status Active
Size 2,760 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,013

Amenities

Walk Through Kitchen

Building Details

Building Size 2,760 SF
Year Built 1920
Units 2
Listing Agency: Call It Home Realty LLC
Listed By: Barbie Melendez
Source: Croninreale
Added: Oct 19 Changed: Nov 8 Last Checked: Nov 8 at 5:36PM

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 Call It Home Realty LLC

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Investment Insights

Based on property information with market context.

This 2,760-square-foot duplex in the Bronx contains two three-bedroom apartments and a finished basement. The first-floor unit is vacant; the second-floor apartment is occupied. The property was built in 1920 and has a tankless water heater, a boiler, and separate gas and electric meters for each apartment. Roof work was completed in 2018.

A shared driveway, rear parking, and outdoor space are also part of the property. The address is 748 Taylor Avenue, Bronx, NY 10473. Nearby amenities listed include shopping, restaurants, schools, parks, major highways, and public transportation.

Key Highlights

  • Two three‑bedroom apartments in a 2,760‑square‑foot duplex
  • First‑floor apartment vacant; second‑floor apartment occupied
  • Finished basement, rear parking, shared driveway, and outdoor space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,108
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,160 $1.4M
Cap Rate 7%
$1,001,543 $1.0M
Cap Rate 9%
$778,978 $779.0K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$106.0K $38.40/SF
− Vacancy
−$5.8K −$2.11/SF
EGI
$100.2K $36.29/SF
− OpEx
−$30.0K −$10.89/SF
NOI
$70.1K $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%
$1,402,160
Cap Rate 7%
$1,001,543
Cap Rate 9%
$778,978

Alternative Uses

Best Use
Multifamily LT 5
$1.00M
$876.4K – $1.17M (±1% cap)
NOI $70,108 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$907.0K
$793.6K – $1.06M (±1% cap)
NOI $63,490 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,185 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,355
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Bronx, NY

$416 Jul
$411 Aug
$408 Sep
$421 Oct

Properties on Market for Duplexes in Bronx

Jul
Aug
Sep
Oct

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 - One three-bedroom apartment is vacant, while the second is occupied.
Where is this duplex located?
The property is located at 748 Taylor Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two three‑bedroom apartments in a 2,760‑square‑foot duplex; First‑floor apartment vacant; second‑floor apartment occupied; Finished basement, rear parking, shared driveway, and outdoor space
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