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2866 Dewey Avenue
About This Property
The home features 3 bedrooms, 1.5 bathrooms, and a bright, open main level with a living room, dining area, and a kitchen with breakfast nook and stainless-steel appliances. Sliding doors lead to your own private backyard retreat, complete with an above-ground pool. The finished walkout basement with a separate entrance offers excellent flexibility - ideal for extended family or potential ADU use for additional rental income. 2 Car driveway.
The adjacent lot - separately deeded with its own BBL - currently operates as a parking lot with capacity for 8–10 cars, generating an estimated $2,000–$2,500/month at $250 per space. Live in the home, let the lot work for you, or acquire both parcels together to maximize your long-term investment potential.
Conveniently located with local bus service steps away and just 3 miles to the train station.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
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| Apr 22, 2026 | Listed by At Home With Yara Realty | $849,000 | |
| Listed by At Home With Yara Realty | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 16, 2025 | Listed by Direct Choice Realty | $1,100,000 | |
| Listed by Direct Choice Realty | |||
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Nestled in the charming and tranquil Throggs Neck neighborhood of the Bronx! This brick semi-detached home at 2866 Dewey Avenue offers a rare and enviable combination of timeless elegance, modern comfort, and expansion potential. What makes it truly exceptional is it’s being sold together with the adjacent lot at 2850 Dewey Avenue!
Giving the owner not only a private sanctuary, but also a blank canvas for future development or landscaping. Inside, the house spans approximately 2,000 square feet across, it offers three spacious bedrooms and three bathrooms (one full bath and two half baths). Giving it a practical yet, elegant layout. A separate entrance opens to a finished basement, accessible for storage or creating a new space for entertaining. Includes a freshly cemented area with a new gate, hinting at both security and style. Beautiful above ground swimming pool with a private deck off it creating a relaxing atmosphere where you can gather with others and unwind. The extra lot is currently being used as a gated parking lot, this extra land parcel spans roughly, 2,600 sq ft and is zoned for R3A.
The brick exterior ensures durability and low maintenance, while the interior boast a modern and welcoming touch. The finished basement adds usable square footage without compromising the elegance upstairs. Additionally, the separate entrance to the basement could be leveraged for generating purposes. The location provides privacy, but community feel with tree-lined streets, local parks, near restaurants, stores and a sense of belonging. The neighborhood is well-connected, giving access to local schools, shops, and transit, all while maintaining a calm, friendly ambiance. 2866 combined with 2850 Dewey Avenue is more than just a house, it’s a rare, well-rounded opportunity for a home wrapped in charm, private oasis, and paired with potential income. Whether you’re dreaming of summer poolside days, envisioning a development project, or simply craving a personalized sanctuary in the Bronx, this property stands out and rare opportunity so please do not wait!
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| Nov 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 17, 2025 | Listed by Century 21 Galvez | $1,100,000 | |
| Listed by Century 21 Galvez | |||
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Rare Opportunity in Throggs Neck – Single-Family Home with Adjacent Lot!
2866 and 2850 are being sold as a package deal—an incredible chance to own a beautiful single-family home along with an extra lot right next door in the highly sought-after Throggs Neck neighborhood of the Bronx.
This magnificent brick semi-detached home offers 3 spacious bedrooms and 3 full bathrooms, ideal for comfortable family living or hosting guests. Enjoy your own private backyard retreat, featuring a sparkling swimming pool—perfect for summer entertaining and relaxation.
The property boasts a beautifully paved driveway, lush landscaping, and timeless curb appeal. Inside, a finished basement with a separate entrance adds valuable extra living space or potential for rental income.
Whether you're looking to expand, build, or invest, the adjacent lot offers endless possibilities. Don’t miss out on this unique opportunity to own a home and land in one of the Bronx’s most desirable areas. Schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017