4383 Matilda Avenue, Bronx, NY, 10466
1930
Prime Wakefield Investment — 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx—one of the city’s strongest and most consistent rental markets. 7 total income-generating units, including: • Five 2-bedroom apartments • One 1-bedroom apartment • Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. • Gross Rental Income: $169,020 annually • Total Expenses: $58,427.72 • Net Operating Income (NOI): $110,592.28 • Cap Rate: ~7.1% • GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely attractive to tenants.
Status:
Active
Type:
Commercial
Units:
7
Heating:
Oil
Cooling:
Wall/Window Unit(s)
Basement:
Finished, Walk-Out Access
Parking:
On Street
Acreage:
0.06
Est. Taxes:
$29,540
Assessment
$436,500
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected
MLS #:
981692
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of At Home With Yara Realty 914-372-1404