3-Unit Triplex with Private
523 E 148th Street, Bronx, NY 10455
For Sale
New
$1,299,999
Residential Income, Bronx, NY
Property Size3,606 SF
Lot Size0.04 Acres
Price / SF$360.51
Days on Market1
Property Features for 523 E 148th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Interior features
Exterior features
Basement
View
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private backyard
Building Details
Year built
Number of units
Flooring type
Building materials
Buildings
Listing Agency:
Voro LLC
(877) 943-8676
Listed By:
Kristela Malik
(646) 643-4739
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 1073811
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 brick triplex contains three residential units and was built in 2005. The property has separate utilities, a full basement with walk-out access, and a private backyard. Hardwood flooring and baseboard heating are among the interior features; cooling is provided by multiple units.
The property is at 523 E 148th Street in the Bronx. The 2, 5, and 6 subway lines and the Bx17 bus are identified as nearby transit options. The parcel measures 0.0426 acres.
The property is at 523 E 148th Street in the Bronx. The 2, 5, and 6 subway lines and the Bx17 bus are identified as nearby transit options. The parcel measures 0.0426 acres.
Key Highlights
- Three‑unit residential property
- Full basement with walk‑out access
- Private backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,598
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,831,960
$1.8M
Cap Rate 7%
$1,308,543
$1.3M
Cap Rate 9%
$1,017,756
$1.0M
Market Conditions
NOI Build-Up for 3,606 SF
Gross rent
$138.5K $38.40/SF
− Vacancy
−$7.6K −$2.11/SF
EGI
$130.9K $36.29/SF
− OpEx
−$39.3K −$10.89/SF
NOI
$91.6K $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%
$1,831,960
Cap Rate 7%
$1,308,543
Cap Rate 9%
$1,017,756
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.14M – $1.53M
NOI $91,598 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.38M
NOI $82,951 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,441 @ 7.0% cap · market cap 9.26%
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
3
Residential units
Location Intelligence
Trade Area within ½ mile
5,794
Businesses Nearby
Explore this area
Business Placement
Demographics for 10455, NY
43,804
Population
16,608
Households
2.6
Avg Household Size
33
Median Age
16%
College-Educated
69%
High-School Grad
0.7 sq mi
ZIP Area
62,577
Density / Sq Mi
$36,701
Median Household Income
$33,892
Median Earnings
$1,130
Median Rent
$348,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Bronx, NY
Properties on Market for Triplexes in Bronx
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include separate utilities and a full basement with walk-out access.
Where is this triplex located?
The property is located at 523 E 148th Street Bronx, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: Three‑unit residential property; Full basement with walk‑out access; Private backyard
