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Listed price in listed location currency (USD).
$1,555,000

000

MLS® 981692

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $29,540
Days Active 0
Lot Size 
Approx. Age 1930
MLS® Number 981692

Property Address: 4383 Matilda Ave, Bronx, NY, 10466-1329

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

Description

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.
MLS® Number981692
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
BasementFinished, Walk-Out Access
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 7, 2026List Date
$1,555,000List Price
-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$1,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
4383 Matilda Ave, Bronx, NY

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