BEDS4
BATHS6 full
SQUARE FEET4,570
MLS#954238
STATUSActive
PROPERTY TYPEResidential -
SCHOOLContact Agent
Property Description
Investor Overview - 3530 Willett Avenue, Bronx, NYBrand-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.
Property Features
Property Type: Residential -
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric, Other
Home Style: Other
Taxes: $0
Year Built: 2025
Amenities
Other
Feature Descriptions
Appliances: Other
Days on Site: 69
Exterior: Stucco
On Market Date: 2026-01-21
Parking Features: Off Street
Property Attached Y/N: 1
Rental Term: Monthly
Rooms Total: 16
Sewer: Public Sewer
Utilities: Cable Available
Water: Public
Local Schools
High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent
Listed By / Shown By
Listing By
Agency Name: Exit Realty DKC
Agency Phone: 718-676-1371
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 7,425.84 per month $6,565.42 Principal & Interest $0.00 Property Tax (data not provided by mls) $860.42 Homeowner's InsuranceChange Payment Information
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3530 Willett Avenue | MLS# 954238
This home located at 3530 Willett Avenue , Bronx, NY 10467 is currently listed for sale with an asking price of $2,950,000. This property was built in 2025 and has 4 bedrooms and 6 full baths with 4570 sq. ft. Willett Avenue is located within the Contact Agent school district. Search Bronx real estate on www.coldwellbankerchoice.com today.