Wealthwiserealty.com Search Results

$3,800,000

Well-located as-of-right development opportunity on the Webster Avenue corridor in the Bronx. The site consists of 7,621 square feet of land (0.18 acres) zoned R7D, allowing approximately 24,997 buildable square feet as-of-right, with additional density potentially available through Inclusionary Housing. The existing two-story building, constructed in 1920 and totaling 10,500 square feet, currently generates a strong income stream with an effective gross income of $98,070, operating expenses of $28,455, and a net operating income of $69,615, supporting a 14% cap rate. Annual taxes are $23,920. This is a strong location near Montefiore Medical Center and Fordham University, with excellent transit access to the B/D subway lines, Metro-North, and the Bx41 Select Bus Service. The surrounding corridor has seen steady new construction and consistent rental demand, making this an attractive opportunity for both income and future development.

1037960 MLS

Well-located as-of-right development opportunity on the Webster Avenue corridor in the Bronx. The site consists of 7,621 square feet of land (0.18 acres) zoned R7D, allowing approximately 24,997 buildable square feet as-of-right, with additional density potentially available through Inclusionary Housing. The existing two-story building, constructed in 1920 and totaling 10,500 square feet, currently generates a strong income stream with an effective gross income of $98,070, operating expenses of $28,455, and a net operating income of $69,615, supporting a 14% cap rate. Annual taxes are $23,920. This is a strong location near Montefiore Medical Center and Fordham University, with excellent transit access to the B/D subway lines, Metro-North, and the Bx41 Select Bus Service. The surrounding corridor has seen steady new construction and consistent rental demand, making this an attractive opportunity for both income and future development.

3136 Webster Avenue, Bronx

$3,000,000

A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modern construction reducing both vacancy and capital expenditure risk. 3.75% assumable debt in place.

1007169 MLS

A 20-unit, two-building multifamily investment located in the Allerton / Williamsbridge section of the Bronx. Originally constructed in 2012, the side-by-side properties operate as a single asset with a stabilized voucher-backed tenant base and benefit from a 421-a 25-Year No Cap tax exemption that materially reduces operating expenses through the remainder of the abatement period. At the asking price of $3,000,000, the offering represents a 7.66% in-place cap rate on $229,804 of NOI, with stabilized voucher rent collections and modern construction reducing both vacancy and capital expenditure risk. 3.75% assumable debt in place.

700-710 Bartholdi Street, Bronx

$3,500,000

Welcome to your next investment opportunity! Located in the desirable Bedford Park/Norwood section of the The Bronx, this well-maintained 4-story stone and brick multifamily building presents an exceptional investment opportunity. Spanning approximately 7,400 square feet, the property consists of 5 oversized market rent residential units, including three expansive 5-bedroom, 2-bathroom apartments, one 4-bedroom, 2-bathroom units and one ground-floor 2-bedroom, 2-bathroom unit. The building’s large layouts provide strong rental demand and excellent long-term income-producing potential. All units are market rent with yearly leases ending in November. Approximately 8 years ago, the property underwent a full gut renovation with extensive upgrades completed throughout the entire building. Improvements included new drywall, upgraded electrical systems and fixtures, renovated kitchens and bathrooms, upgraded windows, a new roof, new furnaces and hot water heaters, updated heating elements, and new gas piping. These renovations significantly modernized the property while enhancing operational efficiency and reducing future maintenance exposure. Ownership has continued to meticulously maintain and improve the building since the renovation. All utilities are fully separated, with each unit featuring its own individual gas furnace and separate hot water heater, totaling 5 independent heating systems throughout the property. Additional capital improvements include newly installed concrete and drainage piping completed just 2 years ago, further strengthening the building’s infrastructure and long-term reliability. The property has also benefited from proactive upgrades completed in anticipation of evolving NYC building requirements. Ownership recently installed a new sidewalk curb valve for emergency water shutoff access, professionally de-clogged the main water line, and installed new shutoff valves in the utility room to improve operational functionality and management efficiency. The building offers additional upside and future income growth potential. The 1st, 2nd, and 3rd floor units are currently occupied by a daycare operation, providing stable occupancy with the possibility to further increase cash flow depending on future leasing strategy and use configuration. Combining strong building systems, oversized unit layouts, and a prime Bronx location near transportation, shopping, schools, parks, and major thoroughfares, this stone and brick asset represents an ideal addition to any investor’s portfolio. The property is also located within an R7A zoning district, allowing for approximately 2,676 square feet of additional buildable area, creating valuable long-term development and expansion potential.

1002226 MLS

Welcome to your next investment opportunity! Located in the desirable Bedford Park/Norwood section of the The Bronx, this well-maintained 4-story stone and brick multifamily building presents an exceptional investment opportunity. Spanning approximately 7,400 square feet, the property consists of 5 oversized market rent residential units, including three expansive 5-bedroom, 2-bathroom apartments, one 4-bedroom, 2-bathroom units and one ground-floor 2-bedroom, 2-bathroom unit. The building’s large layouts provide strong rental demand and excellent long-term income-producing potential. All units are market rent with yearly leases ending in November. Approximately 8 years ago, the property underwent a full gut renovation with extensive upgrades completed throughout the entire building. Improvements included new drywall, upgraded electrical systems and fixtures, renovated kitchens and bathrooms, upgraded windows, a new roof, new furnaces and hot water heaters, updated heating elements, and new gas piping. These renovations significantly modernized the property while enhancing operational efficiency and reducing future maintenance exposure. Ownership has continued to meticulously maintain and improve the building since the renovation. All utilities are fully separated, with each unit featuring its own individual gas furnace and separate hot water heater, totaling 5 independent heating systems throughout the property. Additional capital improvements include newly installed concrete and drainage piping completed just 2 years ago, further strengthening the building’s infrastructure and long-term reliability. The property has also benefited from proactive upgrades completed in anticipation of evolving NYC building requirements. Ownership recently installed a new sidewalk curb valve for emergency water shutoff access, professionally de-clogged the main water line, and installed new shutoff valves in the utility room to improve operational functionality and management efficiency. The building offers additional upside and future income growth potential. The 1st, 2nd, and 3rd floor units are currently occupied by a daycare operation, providing stable occupancy with the possibility to further increase cash flow depending on future leasing strategy and use configuration. Combining strong building systems, oversized unit layouts, and a prime Bronx location near transportation, shopping, schools, parks, and major thoroughfares, this stone and brick asset represents an ideal addition to any investor’s portfolio. The property is also located within an R7A zoning district, allowing for approximately 2,676 square feet of additional buildable area, creating valuable long-term development and expansion potential.

309 Bedford Park Boulevard, Bronx

$3,925,000

Pelham Gardens! Mixed Use - 16 Residential units, 6 Stores, Plus Garages/Storage & Parking lot.

991890 MLS

Pelham Gardens! Mixed Use - 16 Residential units, 6 Stores, Plus Garages/Storage & Parking lot.

1500 Mace Avenue, Bronx

$3,200,000

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.

974393 MLS

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.

2152 Muliner Avenue, Bronx

$3,650,000

3544-3546 Laconia Ave. Excellent investment opportunity and a rare chance to acquire a high-income-producing multi family property with excellent upside potential!!! Two THREE-FAMILY homes being sold together, offering strong potential income with MULTIPLE rental units. The property features three spacious Three-Bedroom apartments plus additional space in the full finished basements and mother-in-law suite. Each property offers first-floor apartments designed for handicap accessibility, providing ease of access and improved livability. Ideal for owner-occupants and investors alike to maximize rental income. Each units offer generous layouts with ample living space and natural light. The property provides the opportunity to generate substantial cash flow while benefitting from long-term appreciation. Conveniently located near shopping, schools, restaurants, and public transportation, making it attractive times tenants and ensuring consistent rental demand.

18 Beds ⋅ 6 Baths ⋅ 968653 MLS

3544-3546 Laconia Ave. Excellent investment opportunity and a rare chance to acquire a high-income-producing multi family property with excellent upside potential!!! Two THREE-FAMILY homes being sold together, offering strong potential income with MULTIPLE rental units. The property features three spacious Three-Bedroom apartments plus additional space in the full finished basements and mother-in-law suite. Each property offers first-floor apartments designed for handicap accessibility, providing ease of access and improved livability. Ideal for owner-occupants and investors alike to maximize rental income. Each units offer generous layouts with ample living space and natural light. The property provides the opportunity to generate substantial cash flow while benefitting from long-term appreciation. Conveniently located near shopping, schools, restaurants, and public transportation, making it attractive times tenants and ensuring consistent rental demand.

3544 -3546 Laconia Avenue, Bronx

$3,000,000

504 Brook Avenue | Mott Haven, Bronx – Mixed-Use Investment Opportunity Calling all investors! 504 Brook Avenue is a 16-unit mixed-use property located in the heart of Mott Haven, one of the Bronx’s fastest-growing neighborhoods. This asset offers the best of both worlds—residential income paired with street-level retail, creating strong upside potential. The property comprises residential units above commercial space, making it an ideal investment opportunity for those seeking diversified revenue streams. While the building requires some work, it presents a value-add opportunity for repositioning, renovation, and long-term appreciation. Situated near major transportation, shopping, and ongoing neighborhood development, this location continues to attract renters and businesses alike. Ideal for an investor seeking to add to or expand a mixed-use portfolio in a high-demand area. Bring all offers. Serious inquiries only.

945599 MLS

504 Brook Avenue | Mott Haven, Bronx – Mixed-Use Investment Opportunity Calling all investors! 504 Brook Avenue is a 16-unit mixed-use property located in the heart of Mott Haven, one of the Bronx’s fastest-growing neighborhoods. This asset offers the best of both worlds—residential income paired with street-level retail, creating strong upside potential. The property comprises residential units above commercial space, making it an ideal investment opportunity for those seeking diversified revenue streams. While the building requires some work, it presents a value-add opportunity for repositioning, renovation, and long-term appreciation. Situated near major transportation, shopping, and ongoing neighborhood development, this location continues to attract renters and businesses alike. Ideal for an investor seeking to add to or expand a mixed-use portfolio in a high-demand area. Bring all offers. Serious inquiries only.

504 Brook Avenue, Bronx

$3,175,000

This corner property, previously used as banking facilities, is a prime opportunity for either end-users or future development. Currently divided into two sections for lease, it offers flexibility and strong potential for various uses. With a generous FAR for both commercial and community facility use, this property is ideal for investors or businesses looking to capitalize on its location and space.

924854 MLS

This corner property, previously used as banking facilities, is a prime opportunity for either end-users or future development. Currently divided into two sections for lease, it offers flexibility and strong potential for various uses. With a generous FAR for both commercial and community facility use, this property is ideal for investors or businesses looking to capitalize on its location and space.

421-423 Hunts Point Avenue, Bronx

$3,795,000

Never before offered on the public market, this extraordinary waterfront estate is a once-in-a-generation opportunity to own a true piece of New York City history reimagined for modern luxury living. Originally constructed in 1930 by master jewelers from Austria, the home stands as a testament to enduring craftsmanship and vision. Its stone facade, imported by boat from across the Atlantic, reflects a level of artistry rarely seen today. Built at a time when much of New York City was still open farmland, the residence was thoughtfully positioned at a distinctive angle, a deliberate design choice to capture sunlight throughout the day while maximizing sweeping waterfront views from every vantage point. Over nearly a century, only three families have had the privilege of calling this remarkable property home. Today, the estate has been fully renovated and meticulously finished with the highest level of luxury materials and design, seamlessly blending its rich heritage with contemporary sophistication. Tucked behind elegant wrought-iron gates in one of the city’s most exclusive waterfront enclaves, the home offers unmatched privacy, acting as a secluded sanctuary. Inside, six spacious bedrooms and six-and-a-half bathrooms span four elevator-accessible levels, each filled with natural light, soaring ceilings, and refined custom finishes. Designed for both grand entertaining and effortless daily living, the home features two full-size kitchens, including a chef’s kitchen outfitted with premium Viking appliances, along with a fully livable lower level that offers exceptional flexibility for guests, extended stays, or recreation. An oversized garage further enhances convenience and functionality. At the top level, a private movie theater creates the ultimate cinematic escape, while expansive living and recreational spaces throughout the home provide endless opportunities to relax, gather, and entertain. Beyond the interiors lies a true resort-caliber outdoor experience. A double veranda connects the main floor and primary bedroom to the sprawling waterfront grounds; which is anchored by a custom heated saltwater pool, surrounded by curated lounging areas that evoke a five-star retreat. A fully equipped outdoor kitchen with luxury appliances, a tranquil private koi pond, and direct waterfront access via a 170-foot dock and lift with capacity for up to a 50 foot boat, create an unparalleled setting for both quiet moments and unforgettable entertaining. Framed by a stunning veranda and lush landscaping, the entire backyard offers the ambiance of a Mediterranean villa, right in New York City. This is more than a home, it is a legacy property. A rare convergence of history, scale, craftsmanship, and resort-style living, offering a level of privacy and luxury that simply cannot be replicated.

6 Beds ⋅ 7 Baths ⋅ 817334 MLS

Never before offered on the public market, this extraordinary waterfront estate is a once-in-a-generation opportunity to own a true piece of New York City history reimagined for modern luxury living. Originally constructed in 1930 by master jewelers from Austria, the home stands as a testament to enduring craftsmanship and vision. Its stone facade, imported by boat from across the Atlantic, reflects a level of artistry rarely seen today. Built at a time when much of New York City was still open farmland, the residence was thoughtfully positioned at a distinctive angle, a deliberate design choice to capture sunlight throughout the day while maximizing sweeping waterfront views from every vantage point. Over nearly a century, only three families have had the privilege of calling this remarkable property home. Today, the estate has been fully renovated and meticulously finished with the highest level of luxury materials and design, seamlessly blending its rich heritage with contemporary sophistication. Tucked behind elegant wrought-iron gates in one of the city’s most exclusive waterfront enclaves, the home offers unmatched privacy, acting as a secluded sanctuary. Inside, six spacious bedrooms and six-and-a-half bathrooms span four elevator-accessible levels, each filled with natural light, soaring ceilings, and refined custom finishes. Designed for both grand entertaining and effortless daily living, the home features two full-size kitchens, including a chef’s kitchen outfitted with premium Viking appliances, along with a fully livable lower level that offers exceptional flexibility for guests, extended stays, or recreation. An oversized garage further enhances convenience and functionality. At the top level, a private movie theater creates the ultimate cinematic escape, while expansive living and recreational spaces throughout the home provide endless opportunities to relax, gather, and entertain. Beyond the interiors lies a true resort-caliber outdoor experience. A double veranda connects the main floor and primary bedroom to the sprawling waterfront grounds; which is anchored by a custom heated saltwater pool, surrounded by curated lounging areas that evoke a five-star retreat. A fully equipped outdoor kitchen with luxury appliances, a tranquil private koi pond, and direct waterfront access via a 170-foot dock and lift with capacity for up to a 50 foot boat, create an unparalleled setting for both quiet moments and unforgettable entertaining. Framed by a stunning veranda and lush landscaping, the entire backyard offers the ambiance of a Mediterranean villa, right in New York City. This is more than a home, it is a legacy property. A rare convergence of history, scale, craftsmanship, and resort-style living, offering a level of privacy and luxury that simply cannot be replicated.

3407 Country Club Road, Bronx

$3,000,000

Calling all investors! Welcome to 2543-45 Bronxwood Ave, a fully occupied multi-family property consisting of 16 units. This includes (1) studio unit, (8) 1-bedroom units, and (7) 2-bedroom units. The building is in great condition with reliable tenants, making it a prime investment opportunity. 4 floor walk up! SELLER'S FINANCING AVAILABLE

806343 MLS

Calling all investors! Welcome to 2543-45 Bronxwood Ave, a fully occupied multi-family property consisting of 16 units. This includes (1) studio unit, (8) 1-bedroom units, and (7) 2-bedroom units. The building is in great condition with reliable tenants, making it a prime investment opportunity. 4 floor walk up! SELLER'S FINANCING AVAILABLE

2543-45 Bronxwood Avenue, Bronx

$2,025,000

Presently being used as a laundromat. A developer's dream. 36,529.36 buildable square feet including AIR RIGHTS APPROXIMATELY 64 RENTAL UNITS CAN BE BUILT ....No information is guaranteed. Buyer must verify.

L3474601 MLS

Presently being used as a laundromat. A developer's dream. 36,529.36 buildable square feet including AIR RIGHTS APPROXIMATELY 64 RENTAL UNITS CAN BE BUILT ....No information is guaranteed. Buyer must verify.

2260 Morris Avenue, Bronx

$3,500,000

Inviting ALL investors to this must-see commercial building! This is an opportunity to buy LAND, BUILDING, PARKING RIGHTS AND A BUSINESS. Don't miss this exciting opportunity to own a thriving auto repair shop with a loyal customer base. Property is in prime and busy location, off major highway, near buses, and central to all businesses in the nearby area. Added bonus: sufficient space to rent out to tenants and generate additional income! This gem has not been on the market in over two decades! This is a well-known and established business with all equipment, state and city permits, and all other pertinent paperwork, all up-to-date and ready to continue under new management with little efforts on the part of the new owner. The adjoining parking lot is currently on a long-term lease between the lender and the seller who currently pays $420 per month. Property is being sold as-is with current tenant. DO NOT DISTURB THE TENANTS OR EMPLOYEES. REQUIRES APPROVAL FOR SHOWINGS.

801695 MLS

Inviting ALL investors to this must-see commercial building! This is an opportunity to buy LAND, BUILDING, PARKING RIGHTS AND A BUSINESS. Don't miss this exciting opportunity to own a thriving auto repair shop with a loyal customer base. Property is in prime and busy location, off major highway, near buses, and central to all businesses in the nearby area. Added bonus: sufficient space to rent out to tenants and generate additional income! This gem has not been on the market in over two decades! This is a well-known and established business with all equipment, state and city permits, and all other pertinent paperwork, all up-to-date and ready to continue under new management with little efforts on the part of the new owner. The adjoining parking lot is currently on a long-term lease between the lender and the seller who currently pays $420 per month. Property is being sold as-is with current tenant. DO NOT DISTURB THE TENANTS OR EMPLOYEES. REQUIRES APPROVAL FOR SHOWINGS.

1761 Carter Avenue, Bronx