Two-Unit Duplex with
New
For Sale
$749,999
1073 E 233rd Street, Bronx, NY 10466
The upper residence spans two levels, while a separate lower apartment adds a second living space.
Property Size1,998 SF
Price / SF$375.37
Days on Market5
Property Features for 1073 E 233rd Street
General Information
Standard status
Active
Size
1,998 SF
Property subtype
Duplex
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR duplex, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,233
Building Details
Building Size
1,998 SF
Year Built
1955
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Jason Schmeltzer
(845) 490-1302
Source:
Shawmetro
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 3 at 10:54AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 1,998-square-foot duplex, built in 1955, has two residences. The upper unit is a three-bedroom duplex with living, kitchen, dining, and half-bath areas on the main level, plus three bedrooms and a full bath upstairs. A one-bedroom apartment with a full bathroom occupies the lower level. Basement space includes a den, office, and storage areas.
Set on a corner lot, the property also has a backyard and outdoor patio. Highways, shopping, restaurants, and public transportation are nearby.
Set on a corner lot, the property also has a backyard and outdoor patio. Highways, shopping, restaurants, and public transportation are nearby.
Key Highlights
- 1,998‑square‑foot duplex built in 1955
- Upper residence is a two‑level, three‑bedroom layout with one full and one half bathroom
- Separate lower apartment has one bedroom and a full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,752
Cap Rate
6.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,040
$1.0M
Cap Rate 7%
$725,029
$725.0K
Cap Rate 9%
$563,911
$563.9K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$76.7K $38.40/SF
− Vacancy
−$4.2K −$2.11/SF
EGI
$72.5K $36.29/SF
− OpEx
−$21.8K −$10.89/SF
NOI
$50.8K $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 Rate 5%
$1,015,040
Cap Rate 7%
$725,029
Cap Rate 9%
$563,911
Alternative Uses
Best Use
Multifamily LT 5
$725.0K
$634.4K – $845.9K
NOI $50,752 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$656.6K
$574.5K – $766.0K
NOI $45,961 @ 7.0% cap · market cap 6.13%
Theoretical Best
Warehouse
$1.38M
$1.21M – $1.62M
NOI $96,913 @ 7.0% cap · market cap 12.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,708
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The upper residence spans two levels, while a separate lower apartment adds a second living space.
Where is this duplex located?
The property is located at 1073 E 233rd Street Bronx, NY.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 1,998‑square‑foot duplex built in 1955; Upper residence is a two‑level, three‑bedroom layout with one full and one half bathroom; Separate lower apartment has one bedroom and a full bathroom
