8 Family 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
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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

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Who finances deals like this

The lenders with the most recorded multifamily mortgages since 2021, from public ACRIS filings.

  1. JPMORGAN Chase Bank, N.a. — 6,249 loans, typically $85K–$799K
  2. Citizens Bank NA — 3,374 loans, typically $126K–$660K
  3. TD Bank NA — 2,670 loans, typically $117K–$500K
  4. Rocket Mortgage, LLC — 2,561 loans, typically $140K–$528K
  5. United Wholesale Mortgage, LLC — 2,526 loans, typically $420K–$849K
Match this deal to 2,417 lenders

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