| ID # | 981728 |
| Details | 4 fam, AC, Lot Size: 0.06 acres, 7 Units in the building (DOM): 67 days |
| Construction Year | 1930 |
| Taxes (per year) | $29,540 |
| Fuel Type | Oil |
| Air Conditioning | Wall Unit AC |
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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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 At Home With Yara Realty. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.







