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Listed price in listed location currency (USD).
$2,750,000

000

MLS® 1066898

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size 4430 sqft
Garage 
Taxes $305
Days Active 1
Lot Size 0.04 Acres
Approx. Age 2026
Avg. Price Per Sqft $620
MLS® Number 1066898

Property Address: 3530 Willett Ave, Bronx, NY, 10467-5506

Average square foot calculated using Size range provided by listing agent.

Description

BRAND NEW 8 UNIT BRONX WALK UP. FULLY LEASED. 7.14% RETURN AT THE ASK. REAL ESTATE TAXES OF JUST $305 A YEAR. Completed in 2025 with the Certificate of Occupancy issued May 2026, the Property has six one bedrooms at $2, 534 and two studios at $2, 092, producing $232, 656 of gross potential rent on executed leases with no lease up risk. Tenants pay all electricity including heat, hot water and cooking, so the owner has no fuel bill and expenses run about 15.6% of income. No deferred maintenance and no capital plan. Four story walk up of 4, 438 SF on a 1, 753 SF lot in Olinville, two blocks from the 2 and 5 trains, with smart heating and cooling, security cameras and a pet friendly policy. Offered at $2, 750, 000, free and clear of financing and well suited to 1031 exchange buyers and private capital seeking new construction. Offers in writing. Tours by appointment only. Tenants may not be contacted.
MLS® Number1066898
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
Basement
DrivewayOff Site, On Street
Garage Spaces
HeatElectric, ENERGY STAR Qualified Equipment
A/CElectric, ENERGY STAR Qualified Equipment

Extras

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