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For SaleLuxury

$10,800,000

691 days on market

3530 Mickle Avenue

Bronx, NY 10469

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

2018

Built

Listing narrative

Description

Prime 28-Unit Investment Opportunity in Williamsbridge, Bronx Located in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange. All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included. Additional features include: Digital video intercoms in each unit Interior & exterior surveillance cameras 24 outdoor parking spaces Low operating expenses NOI: $705,068 | Net Cap Rate: 6.1% This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.

Listing agent (MLS): Reginald Brannen · Listing brokerage (MLS): Blue Key Real Estate Brokerage

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$10,800,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

Sqft n/a

Baths

Baths n/a

Year

2018

Status

For Sale

Days on Market

691

· 8% down, 7% APR, 30yr fixed
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Courtesy of Blue Key Real Estate Brokerage