UPDATED:
Key Details
Property Type Single Family
Sub Type Manufactured On Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,570 sqft
Price per Sqft $645
MLS Listing ID 954238
Style Other
Bedrooms 4
Full Baths 6
HOA Y/N No
Rental Info No
Year Built 2025
Property Sub-Type Manufactured On Land
Source onekey2
Property Description
Brand-new, fully vacant 8-unit multifamily investment located in the Williamsbridge section of the Bronx. This newly constructed property features a strong, market-proven unit mix of six (6) one-bedroom apartments and two (2) studio apartments, all delivered with modern finishes, efficient building systems, and excellent natural light.
The asset benefits from a 30-year tax abatement, resulting in exceptionally low operating expenses and highly predictable cash flow. Offered 100% vacant, the building allows an investor to lease at market rents immediately with no tenant risk, no deferred maintenance, and minimal ongoing management.
At a $2,950,000 asking price, the property projects approximately $244,000 in gross annual income and $207,000 in NOI, producing around ~7.0% cap rate on a brand-new, tax-advantaged asset — a rare profile in New York City.
Ideally positioned near public transportation, retail corridors, and schools, this turnkey opportunity is well-suited for investors seeking long-term stability, tax efficiency, and rental upside in a growing Bronx submarket.
Location
State NY
County Bronx County
Interior
Interior Features Other
Heating Electric, Other
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Appliance Other
Exterior
Parking Features Off Street
Utilities Available Cable Available
Garage false
Private Pool No
Building
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools Contact Agent
Middle Schools Call Listing Agent
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716