Brick Triplex with Private
For Sale
$1,100,000
433 Howe Avenue, Bronx, NY 10473
Residential Income, Bronx, NY
Property Size3,060 SF
Lot Size0.06 Acres
Price / SF$359.48
Days on Market30
Property Features for 433 Howe Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 6, Bedroom 2, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1
Parking features
Driveway, Garage
Interior features
High Ceilings
Elementary school
Baychester Academy
Middle school
Astor Collegiate Academy
High school
Bronx Academy Of Health Careers
Elementary school district
Bronx 11
Middle school district
Bronx 11
High school district
Bronx 11
Standard status
Active
APN
03509-0045
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7054
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1965
Number of units
3
Building materials
Brick
Listing Agency:
RE/MAX Distinguished Hms.&Prop · RE/MAX International
(914) 346-8255
Listed By:
Raymond Vasquez · License #40VA1005388
(718) 662-9191
Added: Sep 17
Changed: Oct 15
Last Checked: Oct 16 at 12:06AM
MLS# 1052080
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1965 brick triplex has two three-bedroom apartments, each with a large living room and bedroom closets. The first floor includes a family room or studio layout, a separate entrance, and a half bathroom. Baseboard heat and window or wall/window cooling are listed, along with high ceilings.
The 0.0621-acre property includes an attached one-car garage, a private driveway with room for multiple vehicles, and a backyard. Public water and sewer serve the property, and natural gas is available.
The 0.0621-acre property includes an attached one-car garage, a private driveway with room for multiple vehicles, and a backyard. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- Two three‑bedroom apartments, plus a first‑floor family room or studio with separate entrance and half bath
- 0.0621‑acre lot with backyard
- Attached one‑car garage and private driveway with room for multiple vehicles
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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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
985
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 residences sit above a street-level family room or studio with a separate entrance and half bath.
Where is this triplex located?
The property is located at 433 Howe Avenue 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: Two three‑bedroom apartments, plus a first‑floor family room or studio with separate entrance and half bath; 0.0621‑acre lot with backyard; Attached one‑car garage and private driveway with room for multiple vehicles
