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    Two-Family Residential Income Property Title is generated by Realmo AI

    932 Neill Avenue, Bronx, NY 10462

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    Claim this Listing
    For Sale
    $1,000,000

    MULTI_FAMILY - Bronx, NY

    Property size:
    2,180 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $458/SF
    Added:
    Jun 5, 2026
    Days on Market:
    33
    Last Refresh:
    Jul 7 at 12:06 pm

    Property Features for 932 Neill Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 1, Basement, Bathroom 1, Bathroom 2, Dining Room, Bedroom 6, Bedroom 4, Bedroom 2
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath, Formal Dining, Galley Type Kitchen
    Basement
    Storage Space, Walk-Out Access, Full, Finished
    Standard status
    Active
    APN
    04265-0032
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8312

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1955
    Number of units
    2
    Building materials
    Brick

    We can help!

    Contact an agent
    Lillian Lebron

    Listing agent Lillian Lebron

    Listing office ERA Insite Realty Services 120 Kraft Ave., White Plains, NY

    Listing date Jun 5, 2026

    MLS# 1007768 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑family home built in 1955 with 2,180 SF of living space on a 2,600 SF lot
    • Each unit has 3 bedrooms, a full bath, and a kitchen
    • Finished basement plus first‑floor bedroom and first‑floor full bath
    • Brick construction with forced‑air heating
    • Driveway parking and additional ample street parking; garage included
    • Public water and public sewer; property delivered vacant

    Overview

    This two-story two-family residential income property was built in 1955 and includes approximately 2,180 square feet of living space. The home has a finished basement and private outdoor space. Each unit is configured with three bedrooms, a full bath, and a kitchen, providing straightforward, repeatable layouts for household living.

    The property is located at 932 Neill Avenue in the Bronx, in the Morris Park area. It sits on a 2,600 square foot lot and is supported by a garage and driveway, along with ample street parking. The property will be delivered vacant, allowing a new owner to evaluate and lease the units on their own timeline.

    For buyers seeking a manageable owner-operator or investment format, the unit-by-unit bedroom and bath setup can simplify marketing and tenant matching. With both a finished basement and private outdoor space, the residence offers additional practical features beyond the primary floor plans. Vacant delivery supports immediate plans for occupancy, renovations, or leasing strategy.

    Local 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 $79.8k $36.60
    − Vacancy −$4.2k −$1.91
    EGI $75.6k $34.69
    − OpEx −$22.7k −$10.41
    NOI $52.9k $24.28
    2,180 SF · lease $36.60/SF/yr · vacancy 5.22% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $756.2K
    $661.7K – $882.3K (±1% cap)
    NOI $52,936 @ 7.0% cap · market cap 5.29%
    Second Best
    Apartment 5plus
    $674.0K
    $589.8K – $786.3K (±1% cap)
    NOI $47,180 @ 7.0% cap · market cap 4.72%
    Theoretical Best
    Office A
    $1.04M
    $910.2K – $1.21M (±1% cap)
    NOI $72,812 @ 7.0% cap · market cap 7.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Gym & Fitness Center Hotel & Motel Bar & Pub Acupuncture Clothing & Fashion Store Coworking & Hybrid Office Travel Agency Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.86114
    Latitude
    40.850891

    FAQs

    What type of property is this?
    Duplex - Vacant two-family home with finished basement, private outdoor space, and three bedrooms per unit.
    Where is this duplex located?
    The property is located at 932 Neill Avenue Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Two‑family home built in 1955 with 2,180 SF of living space on a 2,600 SF lot; Each unit has 3 bedrooms, a full bath, and a kitchen; Finished basement plus first‑floor bedroom and first‑floor full bath
    More about this property
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