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Property Description

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.

Features
Heating System:
Electric, Other
Cooling System:
Central Air, Wall/window Unit(s)
Appliances:
Other
Interior Features:
Other
Parking Features:
Off Street
Sewer:
Public Sewer
Utilities:
Cable Available
Address Map
City:
NY
State:
NY
County:
Bronx County
Property and Construction
Architectural Style:
Other
Development Status:
Stucco
Elementary School:
Contact Agent
High School:
Contact Agent
Agent MlsId:
345501
Office MlsId:
EXTDKC
MiddleOrJunior School:
Call Listing Agent
Special Listing Conditions:
No
Water Source:
Public
PhotosCount:
19

Residential For Sale

3530 Willett Avenue, New York, NY

4 Bedrooms
6 Bathrooms
4,570 Sqft
$2,950,000
Listing ID #954238
Basic Details
Property Type :
Residential
Property SubType :
Manufactured On Land
Listing ID :
954238
Price :
$2,950,000
Rooms :
16
Bedrooms :
4
Bathrooms :
6
Bathrooms Total :
6
Square Footage :
4,570 Sqft
Year Built :
2025
Status :
Active
Status :
Active
Listing Office :
Exit Realty DKC
Listing Agent :
Ardit Alijaj
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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