MLS#1040714
STATUSActive
PROPERTY TYPECommercial -
SCHOOLBronx 11
Property Description
LOOKING FOR A GREAT MULTI-FAMILY INVESTMENT OPPORTUNITY??...LOOK NO FURTHER***UPDATED 5 (FIVE) APARTMENT UNIT INCOME PROPERTY***UNITS< ARE AS FOLLOWS 1 (3 BR), 1 (2BR), 2 (1BR), 1 (1.5 BR)BRONX WAKEFIELD AREA BORDER OF WESTCHESTER COUNTY WITH BRONX TAXESLOCATED 5 MIN WALK TO 241st WAKEFIELD STATION BRONX- ALSO CONVENIENTLY LOCATED TO MAJOR HIGHWAYS :Bronx River Pkwy, Deegan Expressway, & Express & Local BUS LINESPROPERTY WILL BE DELIVERED VACANTRENTS SHOWN ARE BASED ON ESTIMATED PROJECTED MARKET VALUES-WITH A PROJECTED 9.06% CAP RATEALSO COUNT ON BONUS $$ ADDED INCOME FROM COIN-OPERATED LAUNDRY ROOM IN BASEMENT**CURRENT LOW COST RELIABLE OFF SITE CARETAKER CAN CONTINUE SERVICES FOR CLEAN UP, GARBAGE PICK UP & SNOW REMOVAL FOR NEW OWNER**DON'T MISS THIS PROFITABLE TURNKEY INVESTMENT OPPORTUNITY
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished, Full, See Remarks, Storage Space, Walk-Out Access
Cooling: Multi Units
Heating: Natural Gas
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $17,538
Year Built: 1931
Feature Descriptions
Building Area Total: 3370
Cap Rate: 9
Days on Site: 1
Exterior: Brick
Heating Units: 1
On Market Date: 2026-08-30
Parcel Number: 05118-0096
Parking Features: Off Street
Parking Total: 0
Rental Term: Monthly
Seller Concession: Yes
Separate Electric Meters: 5
Separate Gas Meters: 5
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 5
Utilities: Electricity Available, Natural Gas Available, Trash Collection Public, Water Connected
Water: Public
Local Schools
High School: Bronx High School For The Visual Arts
Middle School: Bronx Alliance Middle School
Elementary School: Ps 16 Wakefield
School District: Bronx 11
Listed By / Shown By
Listing By
Agency Name: Mar RE Group LLC
Agency Contact: 914-733-3607
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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811 Penfield Street | MLS# 1040714
This commercial property located at 811 Penfield Street , Bronx, NY 10470 is currently listed for sale with an asking price of $1,150,000. Penfield Street is located within the Bronx 11 school district. Search Bronx real estate on www.coldwellbankerchoice.com today.