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Anil Thomas

blackeaglerealty@gmail.com +1(516) 851-1116

$ 2,750,000

Est. payment -/mo

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3530 Willet AVE Bronx, NY 10467

1,742 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Olinville

MLS Listing ID 1066898

Style Mid Rise

Rental Info No

Year Built 2026

Annual Tax Amount $305

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Multi Family

Source onekey2

Property Description

BRAND NEW 8 UNIT BRONX WALK UP. FULLY LEASED. 7.14% RETURN AT THE ASK. REAL ESTATE TAXES OF JUST $305 A YEAR. Completed in 2025 with the Certificate of Occupancy issued May 2026, the Property has six one bedrooms at $2,534 and two studios at $2,092, producing $232,656 of gross potential rent on executed leases with no lease up risk. Tenants pay all electricity including heat, hot water and cooking, so the owner has no fuel bill and expenses run about 15.6% of income. No deferred maintenance and no capital plan. Four story walk up of 4,438 SF on a 1,753 SF lot in Olinville, two blocks from the 2 and 5 trains, with smart heating and cooling, security cameras and a pet friendly policy. Offered at $2,750,000, free and clear of financing and well suited to 1031 exchange buyers and private capital seeking new construction. Offers in writing. Tours by appointment only. Tenants may not be contacted.

Location

State NY

County Bronx County

Interior

Heating Electric, ENERGY STAR Qualified Equipment

Cooling Electric, ENERGY STAR Qualified Equipment

Flooring Ceramic Tile, Hardwood, Laminate

Fireplace No

Exterior

Parking Features Off Site, On Street

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected

Building

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

High Schools Bronx 11

School District Bronx 11

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Houlihan Lawrence Inc. • Jonny Lezi

Anil Thomas

Broker

+1(516) 851-1116

Anil Thomas

3530 Willet AVE Bronx, NY 10467

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3530 Willet AVE