Two-Story Brick
For Sale
$1,000,000
Pending
932 Neill Avenue, Bronx, NY 10462
Residential Income, Bronx, NY
Property Size2,180 SF
Lot Size0.06 Acres
Days on Market125
Property Features for 932 Neill Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Dining Room, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 5
Parking features
Driveway
Interior features
First Floor Bedroom, First Floor Full Bath, Formal Dining, Galley Type Kitchen
Basement
Walk-Out Access, Full, Storage Space, Finished
Elementary school
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Middle school
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High school
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Elementary school district
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Middle school district
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High school district
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Standard status
Pending
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
Amenities
finished basement
private outdoor space
Building Details
Year built
1955
Number of units
2
Building materials
Brick
Listing Agency:
ERA Insite Realty Services · ERA Real Estate
(914) 337-0900
Listed By:
Lillian Lebron
(914) 879-1897
Added: Jun 5
Changed: Oct 5
Last Checked: Oct 7 at 7:06AM
MLS# 1007768
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.
Investment Insights
Based on property information with market context.
Built in 1955, this two-story brick duplex provides 2,180 square feet of living space on a 2,600 square foot lot. The property will be delivered vacant and includes two residential units, each with three bedrooms, a full bathroom, and a kitchen. A finished basement adds additional interior space, while the layout also includes dining areas, galley-style kitchens, and first-floor bedroom and bathroom features.
The property includes a garage, driveway, and access to street parking. Public water and public sewer serve the home, and forced-air heating is installed. Located in the Morris Park area of the Bronx, the property also offers private outdoor space.
The property includes a garage, driveway, and access to street parking. Public water and public sewer serve the home, and forced-air heating is installed. Located in the Morris Park area of the Bronx, the property also offers private outdoor space.
Key Highlights
- 2,180 square feet of living space on a 2,600 square foot lot
- Two units, each with 3 bedrooms, a full bath, and a kitchen
- Finished basement with private outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,936
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,720
$1.1M
Cap Rate 7%
$756,229
$756.2K
Cap Rate 9%
$588,178
$588.2K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$79.8K $36.60/SF
− Vacancy
−$4.2K −$1.91/SF
EGI
$75.6K $34.69/SF
− OpEx
−$22.7K −$10.41/SF
NOI
$52.9K $24.28/SF
Area
ZIP 10462
Vacancy
5.22%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,720
Cap Rate 7%
$756,229
Cap Rate 9%
$588,178
Alternative Uses
Best Use
Multifamily LT 5
$756.2K
$661.7K – $882.3K
NOI $52,936 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$674.0K
$589.8K – $786.3K
NOI $47,180 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.04M
$910.2K – $1.21M
NOI $72,812 @ 7.0% cap · market cap 7.28%
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
3,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 10462, NY
84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
Median Home Value
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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 - Vacant two-family home with a finished basement, garage, driveway, and private outdoor space.
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: 2,180 square feet of living space on a 2,600 square foot lot; Two units, each with 3 bedrooms, a full bath, and a kitchen; Finished basement with private outdoor space
