Three-Unit Brick
For Sale
$1,025,000
1010 East 233rd Street, Bronx, NY 10466
Well-maintained three-unit brick residence with gas heat, newer boiler and hot water heater, and updated roof warranty.
Property Size2,650 SF
Price / SF$386.79
Days on Market61
Property Features for 1010 East 233rd Street
General Information
Standard status
Active
Size
2,650 SF
Property subtype
Duplex
Additional Details
Multifamily Units
3
Building Details
Year Built
1959
Listing Agency:
Keller Williams Realty Group
(914) 713-3270
Listed By:
Janet Bingham
(914) 713-3270
Source:
Compass
Added: Jun 2
Changed: Jul 22
Last Checked: Aug 1 at 11:49AM
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 Keller Williams Realty Group
Investment Insights
Based on property information with market context.
This well-maintained brick multifamily property includes three separate residential units arranged across the top floor, second floor, and walk-in level. The top unit features three bedrooms, a living room, a kitchen, and a full bathroom. The second-floor unit offers two bedrooms, a living room, a kitchen, and a full bathroom. The walk-in level includes a bonus two-bedroom apartment with a kitchen, living room, and full bathroom, supported by ample closet space throughout.
The home is equipped with gas heat and stainless steel appliances. Flooring is described as hardwood throughout, and there is a washer and dryer hookup on the first floor. Additional building improvements include a newer boiler and hot water heater, and a roof repair completed in 2023 with a transferable seven-year warranty.
The property is being sold as-is and will be delivered vacant, providing flexibility for investors or owner-occupants.
The home is equipped with gas heat and stainless steel appliances. Flooring is described as hardwood throughout, and there is a washer and dryer hookup on the first floor. Additional building improvements include a newer boiler and hot water heater, and a roof repair completed in 2023 with a transferable seven-year warranty.
The property is being sold as-is and will be delivered vacant, providing flexibility for investors or owner-occupants.
Key Highlights
- Well‑maintained three‑unit brick residence at 1010 East 233rd Street (Northeast Bronx) built in 1959
- Unit mix: top floor 3‑bedroom; second floor 2‑bedroom; walk‑in level bonus 2‑bedroom with kitchen, living room, and full bath
- Gas heat with newer boiler and hot water heater
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 | $101.8k | $38.40 |
| − Vacancy | −$5.6k | −$2.11 |
| EGI | $96.2k | $36.29 |
| − OpEx | −$28.8k | −$10.89 |
| NOI | $67.3k | $25.40 |
2,650 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$961.6K
$841.4K – $1.12M
NOI $67,314 @ 7.0% cap · market cap 6.57%
Second Best
Apartment 5plus
$870.9K
$762.0K – $1.02M
NOI $60,960 @ 7.0% cap · market cap 5.95%
Theoretical Best
Warehouse
$1.84M
$1.61M – $2.14M
NOI $128,538 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,815
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit brick residence with gas heat, newer boiler and hot water heater, and updated roof warranty.
Where is this triplex located?
The property is located at 1010 East 233rd Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Well‑maintained three‑unit brick residence at 1010 East 233rd Street (Northeast Bronx) built in 1959; Unit mix: top floor 3‑bedroom; second floor 2‑bedroom; walk‑in level bonus 2‑bedroom with kitchen, living room, and full bath; Gas heat with newer boiler and hot water heater
