Bronx, Bronx, NY 10469
Property Type
Retail
Year Built
2018
Listing courtesy of Reginald Brannen of Blue Key Real Estate Brokerage.
Prime 28-Unit Investment Opportunity in Williamsbridge, Bronx Located in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange. All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included. Additional features include: Digital video intercoms in each unit Interior & exterior surveillance cameras 24 outdoor parking spaces Low operating expenses NOI: $705,068 | Net Cap Rate: 6.1% This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.
0.39 Acres
0
Bronx
L3593290
Bronx
Retail
2018
28
4
2018
Bronx
Bronx
Yes - Electric, ENERGY STAR Qualified Equipment
Smart Thermostat
0
Total$56,614.40/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 1439 Wood Road, #4E #4EBronx | 1 BR / 1 BA | $220,000 |
| 91 Van Cortland Avenue W #2D #2DBronx | 1 BR / 1 BA | $2,210,001 |
| 91 Van Cortland Avenue W #6H #6HBronx | 1 BR / 1 BA | $220,000 |
| 525 W 235th Street #2A #2ABronx | 1 BR / 1 BA | $215,000 |
| 5420 Netherland Avenue #B42 #B42Bronx | 1 BR / 1 BA | $195,000 |
| 2630 Kingsbridge Terrace #5A #5ABronx | 1 BR / 1 BA | $169,500 |
Closed sales recorded by Brown Harris Stevens agents.

The Bronx, New York, is home to iconic landmarks like Yankee Stadium and the New York Botanical Garden.
Information is deemed reliable but is not guaranteed and should be independently verified.