Contacts
Roberto Guilbet
Inwood Property Group
Sales & Leasing Director
Property Details
- Property Type Multi-Family
- Property Size 50,830 SF
- Lot Size 0.31 Acre
- Cap Rate % 5.35
- Rental Income / YR 999549
- NOI / YR 415196
- Taxes / YR 136124
- Additional Rent Contact for pricing
- Year Built 1927
- Date Updated Jun 27, 2024
๐ข DESCRIPTION:
This investment offers a well-maintained 5-story walk-up building, featuring an original lobby, marble stairwell, and updated systems, including a 5,000-gallon dual-fuel capable boiler, and a 9-camera surveillance system. Recent unit renovations, Silver-coat rubber roof. Ideally situated within walking distance to shopping, restaurants, trains, buses, and major highways."
๐OVERVIEW: 4116-4118 Carpenter Avenue contains 63 residential apartments (Including the superintendent assigned Unit). The building features 36 one-bedroom units, 15 two-bedroom units, and 2 three-bedroom units. Block & Lot: 04832-70, Lot Size: 13,285 sf, Bldg Size: 50,830 sf, Zoning: R6-A, FAR as built: 3.00, and Year Built: 1927.
๐ LOCATION: Wakefield neighborhood of The Bronx, precisely on the 230th corner of Carpenter Avenue, this property enjoys a central location that defines convenience and quick access to daily activities.
๐ RESIDENTIAL UNITS: Recently renovated units, Wood floors, Lead testing, and Building Mechanicals have been well maintained by management, ensuring a comfortable and smooth tenant experience and transfer of ownership.
๐ TRANSPORTATION: Excellent access to public transportation, with nearby subway stations including the #2 Train and #5 Train. Additionally, Bronx River Parkway Bus stops BX31, BX39, and Bxm11 make commuting a breeze, enhancing convenience for residents and adding value to the property.
๐ SHOPPING AND RESTAURANTS: Vibrant commercial artery along White Plains Road on 233rd Street, where access to a variety of shopping options and a diverse culinary tapestry awaits. Residents can indulge in various cuisines and shopping experiences, adding to the allure of the neighborhood.
๐จ๐จ๐ง๐ง DEMOGRAPHICS: This vibrant community with diverse demographics, fosters a rich tapestry of cultures and backgrounds. The vibrant mix of residents contributes to a dynamic and welcoming atmosphere.
๐ก๐ IN SUMMARY: 4116-4118 Carpenter Avenue represents a prime investment opportunity with its central location, renovated residential units, and excellent transportation accessibility. Whether you're looking for a residence or considering an investment, this property stands as a solid real estate asset in The Wakefield neighborhood, promising a harmonious blend of comfort and convenience for residents as well as new ownership.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Well maintained, Bronx 63 Unit apartment building / First sale in 38 years
- Well kept original lobbies and stairwells
- Enclosed & Above Ground 5,000 Gallon Oil Tank (#4 Oil)
- Safe & Quiet neighborhood. Steps from Montefiore Hospital
- Close proximity to MTA train station at East 233rd Street, Metro North Station, and plenty of local bus services.
- Many apartments renovated with sheetrock and circuit breakers over the years.
Attachments
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Bronx, NY
- Neighborhood Wakefield
- Zip Code 10466
Points of Interest
-
233rd Street
0.22 miles
-
Wakefieldโ241st Street
0.95 miles
-
Woodlawn
0.96 miles
-
Williams Bridge
1.04 miles
-
Mosholu Parkway
1.49 miles
-
Norwoodโ205th Street
1.50 miles
-
Baychester Avenue & Tillotson Avenue (Exit only)
1.50 miles
-
Mount Vernon West
1.53 miles
-
Gun Hill Road
1.71 miles
-
Bedford Park Boulevard
1.87 miles
-
Mobil
0.29 miles
-
Speedway
0.55 miles
-
BP
0.84 miles
-
Sunoco
0.87 miles
-
Delta
0.91 miles
-
Shell
0.99 miles
-
Gulf
1.08 miles
-
171
1.13 miles
-
Amoco
1.71 miles
-
Tesla Supercharger
2.61 miles
-
Broadway Parking Garage
2.00 miles
-
Peter Jay Sharp Building
2.05 miles
-
Parking Area A
2.43 miles
-
Fordham Regional Parking Facility
2.50 miles
-
Bronx River Parking
2.76 miles
-
Kober Parking
2.83 miles
-
Jerome โ 190th Street Municipal Parking Garage
2.84 miles
-
NYPD Bronx Tow Pound
2.98 miles
-
Southern Boulevard Parking
3.08 miles
-
Westlands Parking
3.14 miles
-
El Rancho Motel
0.72 miles
-
Metro Motel
0.99 miles
-
Days Inn
1.11 miles
-
Crown Motor Inn
1.33 miles
-
Rodeway Inn
1.74 miles
-
Ramada
1.77 miles
-
Hyatt Place
2.47 miles
-
Pelham Garden Motel
2.64 miles
-
Bronx Park Motel
2.67 miles
-
Yonkers Gateway Motel
2.90 miles
-
Key Foods
0.19 miles
-
Foodverse Market
0.36 miles
-
Food Town
0.42 miles
-
C-Town
0.50 miles
-
V&B Fresh Market
0.70 miles
-
The Butcher's Fancy
0.81 miles
-
Fine Fair Supermarkets
0.94 miles
-
Fine Fare
0.97 miles
-
Target
2.30 miles
-
TJ Maxx
2.37 miles
In-Depth Research Available for this Property
Access more in-depth information about this property โ including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more โ on CommercialEdge.
Contact Listing Broker
Roberto Guilbet
Inwood Property Group
Sales & Leasing Director