$2,950,000 ($645.51 per sqft)

Est. Mortgage $13,960/mo *

Quick Pre-Approval

3530 Willett Avenue, Bronx, NY, 10467

3530 Willett Avenue, Bronx, NY, 10467

16 rooms

4 beds

6 Full baths

2025

Other

4,570 sqft

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.


Status:

Active

Type:

Single-family residential

Heating:

Electric, Other

Cooling:

Central Air, Wall/Window Unit(s)

Parking:

Off Street

Construction

Stucco

Utilities

Cable Available

Elementary School:

Contact Agent

Middle School:

Call Listing Agent

High School:

Contact Agent

School District:

Contact Agent

Days on Market:

1

Appliances:

Other

MLS #:

954238


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Exit Realty DKC 718-676-1371