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Single Family House for Sale in Bronx, New York, Bronx, NY 10467 | Web ID: 954238 | $2,950,000

 
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Property Description

Investor Overview — 3530 Willett Avenue, Bronx, Ny Brand-new, Fully Vacant 8-unit Multifamily Investment Located In The Williamsbridge Section Of The Bronx. This Newly Constructed Property Features A Strong, Market-proven Unit Mix Of Six (6) One-bedroom Apartments And Two (2) Studio Apartments, All Delivered With Modern Finishes, Efficient Building Systems, And Excellent Natural Light. The Asset Benefits From A 30-year Tax Abatement, Resulting In Exceptionally Low Operating Expenses And Highly Predictable Cash Flow. Offered 100% Vacant, The Building Allows An Investor To Lease At Market Rents Immediately With No Tenant Risk, No Deferred Maintenance, And Minimal Ongoing Management. At A $2, 950, 000 Asking Price, The Property Projects Approximately $244, 000 In Gross Annual Income And $207, 000 In Noi, Producing Around ~7.0% Cap Rate On A Brand-new, Tax-advantaged Asset — A Rare Profile In New York City. Ideally Positioned Near Public Transportation, Retail Corridors, And Schools, This Turnkey Opportunity Is Well-suited For Investors Seeking Long-term Stability, Tax Efficiency, And Rental Upside In A Growing Bronx Submarket.

Property Information

Location/Town New York
Area/County Bronx
Post Office/Postal City Bronx
Prop. Type Single Family House for Sale
Style Other
Bedrooms 4
Total Rooms 16
Total Baths 6
Full Baths 6
Year Built 2025
Construction Stucco
Cooling Central Air, Wall/Window Unit(s)
Heat Source Electric, Other
Util Incl Cable Available
Days On Market 55
Parking Features Off Street
School District Contact Agent
Middle School Call Listing Agent
Elementary School Contact Agent
High School Contact Agent
Features Other
Listing information courtesy of: Exit Realty DKC

RealtyDepotNY

Tel: 718-896-0777
Cell: 347-219-2037
Fax: 718-896-7020

 

 

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  • Phone: 718-896-0777
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