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About the Listing EXTDKC - 345501
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.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Central Air,Wall/Window Unit(s)
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
3530 Willett Ave Bronx, NY 10467
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