10 Unit Multifamily Bronx, New York

$3,200,000 Multifamily Off-Market
Price$3,200,000
Cap Rate8.2%
NOI$273,980
Price / SF$654
Building SF4,896
Units10
Asset TypeMultifamily
📄 Download Offering Flyer (PDF)

Investment Highlights

Rare opportunity to acquire 10 newly finished studio apartments, each with its own individual HVAC system, modern kitchen with stainless steel appliances, quartz countertops, and stylish bathrooms. Bright, open layouts maximize natural light and feature high-quality finishes throughout, providing move-in-ready comfort and long-term appeal. Currently fully vacant, these units offer investors a turnkey opportunity with strong rental potential. At full occupancy, projected gross income is $24,040/month ($288,480/year), resulting in a potential market capitalization (cap rate) of ~8.2% at the asking price of $3.2M.

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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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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