Two-Family Residential Income
For Sale
$1,050,000
817 Quincy Avenue, Bronx, NY 10465
Two-unit home with a finished lower level, including a summer kitchen and walkout access to the backyard.
Property Size2,240 SF
Price / SF$468.75
Days on Market36
Property Features for 817 Quincy Avenue
General Information
Standard status
Active
Size
2,240 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1931
Year Renovated
2026
Listing Agency:
Houlihan Lawrence Inc.
(914) 368-4500
Listed By:
Thomas C. Hennessy
(914) 368-4500
Source:
Compass
Added: Jun 27
Changed: Jul 23
Last Checked: Jul 31 at 10:52AM
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 Houlihan Lawrence Inc.
Investment Insights
Based on property information with market context.
This two-family residence is set up with two separate apartments and a fully finished lower level. The first-floor unit features three bedrooms, one full bathroom, and a spacious living room. The second-floor unit includes two bedrooms, one bathroom, along with a dining room and a living room. The finished basement adds a summer kitchen, an additional bathroom, and walkout access to the backyard.
The property is located in the Throggs Neck area of the Bronx with convenient access to major highways including I-295, I-95, and I-695. Public bus service is available via BX 40 and BX 42, and shopping, restaurants, and entertainment are described as being within close distance to East Tremont.
Recent exterior and interior improvements include a new roof installed in 2025, with renovations completed in 2026.
The property is located in the Throggs Neck area of the Bronx with convenient access to major highways including I-295, I-95, and I-695. Public bus service is available via BX 40 and BX 42, and shopping, restaurants, and entertainment are described as being within close distance to East Tremont.
Recent exterior and interior improvements include a new roof installed in 2025, with renovations completed in 2026.
Key Highlights
- Two‑family house with a fully finished lower level plus walkout access to the backyard
- Finished basement includes a summer kitchen and an additional bathroom
- 1st‑floor apartment: 3 bedrooms, 1 full bathroom, and a spacious living room
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 | $86.0k | $38.40 |
| − Vacancy | −$4.7k | −$2.11 |
| EGI | $81.3k | $36.29 |
| − OpEx | −$24.4k | −$10.89 |
| NOI | $56.9k | $25.40 |
2,240 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$812.9K
$711.3K – $948.3K
NOI $56,900 @ 7.0% cap · market cap 5.42%
Second Best
Apartment 5plus
$736.1K
$644.1K – $858.8K
NOI $51,528 @ 7.0% cap · market cap 4.91%
Theoretical Best
Warehouse
$1.55M
$1.36M – $1.81M
NOI $108,651 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit home with a finished lower level, including a summer kitchen and walkout access to the backyard.
Where is this duplex located?
The property is located at 817 Quincy Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑family house with a fully finished lower level plus walkout access to the backyard; Finished basement includes a summer kitchen and an additional bathroom; 1st‑floor apartment: 3 bedrooms, 1 full bathroom, and a spacious living room
