2925 Wellman Avenue Bronx, NY 10461
MULTI_FAMILY - Bronx, NY
Property Features for 2925 Wellman Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Dining Room, Bedroom 3
- Parking features
- Garage, Driveway
- Interior features
- First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, Washer/Dryer Hookup
- Standard status
- Active
- APN
- 05393-0039
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8535
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 3
- Flooring type
- Hardwood, Laminate
- Building materials
- Brick
Listing agent Dina DiPaola-Gulli License #10401277258 (914) 447-7064
Listing office Keller Williams Realty Group 760 White Plains Rd, Scarsdale, NY (914) 713-3270
Listing date Mar 31, 2026
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Legal 3‑family detached home with approximately 2,820 sq ft of living space
- Updated roof (2021) and siding (2013)
- Separate‑entry one‑bedroom apartment includes a combo washer/dryer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.3k | $38.40 |
| − Vacancy | −$6.0k | −$2.11 |
| EGI | $102.3k | $36.29 |
| − OpEx | −$30.7k | −$10.89 |
| NOI | $71.6k | $25.40 |
