8-Unit Multifamily in Bronx, New York

$2,900,000 Multifamily Off-Market
Price$2,900,000
Cap Rate7.5%
NOI$216,788
Price / SF$784
Building SF3,700
Units8
Asset TypeMultifamily
📄 Download Offering Flyer (PDF)

Investment Highlights

A fully renovated 8-unit brick residential free market building offering a modern, low-maintenance investment. Renovated in 2025, the property features upgraded kitchens, bathrooms, flooring, mechanical systems, and common areas throughout. The unit mix includes studios, one-bedroom, and two-bedroom units, appealing to a broad tenant base. Each apartment is equipped with electric split-unit heating and cooling systems, providing tenants with efficient year-round comfort. All units are separately metered for electricity, which keeps utilities tenant-paid and reduces operating expenses. Ideal for investors seeking a clean, updated asset with minimal landlord responsibilities. Fully rented with current market rents. 7.5% CAP RATE. Contact for details or a private showing.

Location

📍 Bronx, New York

🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.

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