Brick Duplex with Attached
New
For Sale
$1,100,000
433 Howe Ave A The, Bronx, NY 10473
Two three-bedroom apartments are complemented by a ground-level room with a separate entrance and half bath.
Property Size3,060 SF
Price / SF$359.48
Days on Market3
Property Features for 433 Howe Ave A The
General Information
Standard status
Active
Size
3,060 SF
Property subtype
Investment
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,054
Building Details
Building Size
3,060 SF
Year Built
1965
Units
3
Construction
brick
Listing Agency:
RE/MAX Distinguished Homes & Properties
Listed By:
Raymond Vasquez · License #40VA1005388
(718) 662-9191
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:05PM
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 RE/MAX Distinguished Homes & Properties
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Investment Insights
Based on property information with market context.
This 3,060-square-foot brick duplex, built in 1965, contains two three-bedroom apartments, one above the other. Each residence has a large living room and bedroom closets. At ground level, a separate-entry room with a half bath provides additional interior space. The property also includes an attached one-car garage, a private driveway that accommodates multiple vehicles, and a backyard.
Key Highlights
- 3,060‑square‑foot brick duplex built in 1965
- Two apartments, each with three bedrooms
- Ground‑level room has a separate entrance and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,729
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,554,580
$1.6M
Cap Rate 7%
$1,110,414
$1.1M
Cap Rate 9%
$863,656
$863.7K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$117.5K $38.40/SF
− Vacancy
−$6.5K −$2.11/SF
EGI
$111.0K $36.29/SF
− OpEx
−$33.3K −$10.89/SF
NOI
$77.7K $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%
$1,554,580
Cap Rate 7%
$1,110,414
Cap Rate 9%
$863,656
Alternative Uses
Best Use
Multifamily LT 5
$1.11M
$971.6K – $1.30M
NOI $77,729 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$1.01M
$879.9K – $1.17M
NOI $70,391 @ 7.0% cap · market cap 6.40%
Theoretical Best
Warehouse
$2.12M
$1.86M – $2.47M
NOI $148,426 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
985
Businesses Nearby
Explore this area
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?
Duplex - Two three-bedroom apartments are complemented by a ground-level room with a separate entrance and half bath.
Where is this duplex located?
The property is located at 433 Howe Ave A The Bronx, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,060‑square‑foot brick duplex built in 1965; Two apartments, each with three bedrooms; Ground‑level room has a separate entrance and half bath
