Two-Family Duplex with Repaired
For Sale
$910,000
942 Tilden Street, Bronx, NY 10469
Two-unit residential property with both apartments occupied and a recently repaired roof.
Property Size1,890 SF
Days on Market9
Property Features for 942 Tilden Street
General Information
Standard status
Active
Size
1,890 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$5,593
Building Details
Building Size
1,890 SF
Year Built
1910
Units
2
Listing Agency:
Rubirosa International Realty
(347) 981-6634
Listed By:
Rushane D. Porter
(347) 981-6634
Source:
Callexitfirst
Added: Aug 22
Changed: Aug 29
Last Checked: Aug 29 at 4:17PM
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 Rubirosa International Realty
Investment Insights
Based on property information with market context.
Built in 1910, this duplex contains two residential units that are currently leased and occupied. The property offers an income-producing configuration for a buyer seeking a two-family residence, rental asset, or owner-occupancy arrangement. Interior upkeep and a recently repaired roof are noted among the property improvements.
The home is located at 942 Tilden Street in the Williamsbridge section of the Bronx, New York 10469. Both apartments are under lease, providing an established occupancy position at closing. The two-unit layout supports continued residential rental use within an established Bronx neighborhood.
The home is located at 942 Tilden Street in the Williamsbridge section of the Bronx, New York 10469. Both apartments are under lease, providing an established occupancy position at closing. The two-unit layout supports continued residential rental use within an established Bronx neighborhood.
Key Highlights
- Two‑family duplex with 2 residential units
- Both units are leased and fully occupied
- Recently repaired roof
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
$48,009
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
5.28%
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%
$960,180
$960.2K
Cap Rate 7%
$685,843
$685.8K
Cap Rate 9%
$533,433
$533.4K
Market Conditions
NOI Build-Up for 1,890 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
$72.6K $38.40/SF
− Vacancy
−$4.0K −$2.11/SF
EGI
$68.6K $36.29/SF
− OpEx
−$20.6K −$10.89/SF
NOI
$48.0K $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%
$960,180
Cap Rate 7%
$685,843
Cap Rate 9%
$533,433
Alternative Uses
Best Use
Multifamily LT 5
$685.8K
$600.1K – $800.2K
NOI $48,009 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$621.1K
$543.5K – $724.6K
NOI $43,477 @ 7.0% cap · market cap 4.78%
Theoretical Best
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,675 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,525
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
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 residential property with both apartments occupied and a recently repaired roof.
Where is this duplex located?
The property is located at 942 Tilden Street Bronx, NY.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Two‑family duplex with 2 residential units; Both units are leased and fully occupied; Recently repaired roof
