Brick Duplex with Finished
For Sale
$875,000
925 E 227th St, Bronx, NY 10466
Two-family brick residence with separate living areas, a finished basement, private backyard, and attached parking.
Property Size1,824 SF
Price / SF$479.71
Days on Market15
Property Features for 925 E 227th St
General Information
Standard status
Active
Size
1,824 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
private backyard
full finished basement
Building Details
Year Built
1950
Buildings
1
Construction
brick
Listing Agency:
YourHomeSold Guaranteed Realty
Listed By:
Bakary Camara · License #40CA1173900
(917) 568-5763
Source:
Jaida.mappmyhome
Added: Sep 8
Changed: Sep 13
Last Checked: Sep 21 at 7:11AM
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 YourHomeSold Guaranteed Realty
Investment Insights
Based on property information with market context.
This two-family brick residence, built in 1950, contains 1,824 square feet arranged across two residential units. The lower unit has 2 bedrooms and 1 full bathroom, while the upper unit provides 3 bedrooms and 1.5 bathrooms. Each apartment includes a combined living and dining area along with substantial closet storage. A fully finished basement adds flexible interior space, complemented by a private backyard and an attached one-car driveway.
The property is located near shopping, schools, public transportation, and major roadways. Its two-unit configuration and varied bedroom layouts provide a practical residential setup within the Wakefield neighborhood of the Bronx.
The property is located near shopping, schools, public transportation, and major roadways. Its two-unit configuration and varied bedroom layouts provide a practical residential setup within the Wakefield neighborhood of the Bronx.
Key Highlights
- Two‑family brick property with 1,824 square feet
- Lower unit includes 2 bedrooms and 1 full bathroom
- Upper unit offers 3 bedrooms and 1.5 bathrooms
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
$46,333
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
5.30%
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%
$926,660
$926.7K
Cap Rate 7%
$661,900
$661.9K
Cap Rate 9%
$514,811
$514.8K
Market Conditions
NOI Build-Up for 1,824 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
$70.0K $38.40/SF
− Vacancy
−$3.9K −$2.11/SF
EGI
$66.2K $36.29/SF
− OpEx
−$19.9K −$10.89/SF
NOI
$46.3K $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%
$926,660
Cap Rate 7%
$661,900
Cap Rate 9%
$514,811
Alternative Uses
Best Use
Multifamily LT 5
$661.9K
$579.2K – $772.2K
NOI $46,333 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$599.4K
$524.5K – $699.3K
NOI $41,959 @ 7.0% cap · market cap 4.80%
Theoretical Best
Warehouse
$1.26M
$1.11M – $1.47M
NOI $88,473 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,004
Businesses Nearby
Explore this area
Business Placement
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
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 - Two-family brick residence with separate living areas, a finished basement, private backyard, and attached parking.
Where is this duplex located?
The property is located at 925 E 227th St 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: Two‑family brick property with 1,824 square feet; Lower unit includes 2 bedrooms and 1 full bathroom; Upper unit offers 3 bedrooms and 1.5 bathrooms
