Triplex with Gated
New
For Sale
$1,300,000
432 Bolton Avenue, Bronx, NY 10473
Two three-bedroom apartments are paired with a separate space for an owner, superintendent, or caretaker.
Property Size2,650 SF
Days on Market6
Property Features for 432 Bolton Avenue
General Information
Standard status
Active
Size
2,650 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,169
Amenities
gated driveway
full walkout basement
Building Details
Building Size
2,650 SF
Year Built
1970
Listing Agency:
Keller Williams Realty
Listed By:
Elsie Nunez · License #40AD1116292
(845) 591-0242
Source:
Serhant
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 3 at 12:16PM
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
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Investment Insights
Based on property information with market context.
This triplex, built in 1970, contains two three-bedroom apartments and a separate area designated for an owner, superintendent, or caretaker. A gated driveway and full walkout basement are also part of the property; the basement provides space for storage or recreation.
The property is at 432 Bolton Ave in the Clason Point section of the Bronx. Walk Score is 69, Bike Score is 74, and Transit Score is 64.
The property is at 432 Bolton Ave in the Clason Point section of the Bronx. Walk Score is 69, Bike Score is 74, and Transit Score is 64.
Key Highlights
- Two three‑bedroom apartments plus separate owner, superintendent, or caretaker space
- Full walkout basement with storage and recreation space
- Gated driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,314
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,346,280
$1.3M
Cap Rate 7%
$961,629
$961.6K
Cap Rate 9%
$747,933
$747.9K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$101.8K $38.40/SF
− Vacancy
−$5.6K −$2.11/SF
EGI
$96.2K $36.29/SF
− OpEx
−$28.8K −$10.89/SF
NOI
$67.3K $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%
$1,346,280
Cap Rate 7%
$961,629
Cap Rate 9%
$747,933
Alternative Uses
Best Use
Multifamily LT 5
$961.6K
$841.4K – $1.12M
NOI $67,314 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$870.9K
$762.0K – $1.02M
NOI $60,960 @ 7.0% cap · market cap 4.69%
Theoretical Best
Warehouse
$1.84M
$1.61M – $2.14M
NOI $128,538 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
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Business Placement
Demographics for 10473, NY
62,692
Population
23,234
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
75%
High-School Grad
2.1 sq mi
ZIP Area
29,853
Density / Sq Mi
$50,609
Median Household Income
$40,049
Median Earnings
$1,131
Median Rent
$586,800
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?
Triplex - Two three-bedroom apartments are paired with a separate space for an owner, superintendent, or caretaker.
Where is this triplex located?
The property is located at 432 Bolton Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two three‑bedroom apartments plus separate owner, superintendent, or caretaker space; Full walkout basement with storage and recreation space; Gated driveway
