Bronx Multifamily Investment
3341 Barker Avenue Bronx, NY 10467
3341 Barker Avenue, Bronx, NY, 10467
$1,375,000
For Sale
$1,375,000
MULTI_FAMILY - Bronx, NY
Property Size4,000 SF
Lot Size0.07 Acres
Price / SF$343.75
Days on Market84
Property Features for 3341 Barker Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5A
- Rooms
- Basement
- Parking features
- Garage, Driveway
- Basement
- Walk-Out Access, Full, Finished
- Standard status
- Active
- APN
- 04622-0042
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16824
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Number of units
- 6
- Building materials
- Brick
Listing agency
Keller Williams Realty NYC Grp
(718) 697-6800
Listed by
Errol W. Lewis
(914) 582-2483
Added: Apr 30 Updated: Jul 13 at 7:38AM Checked: Jul 22 at 11:06AM
MLS# 992214
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.
Located in the Olinville neighborhood of the Bronx, this sturdy and charming brick building offers an investment opportunity. The building features nearly 4,000 square feet of living space. It is configured with three two-bedroom units and three one-bedroom units. A two-car garage is located at the rear of the building, with additional driveway parking available. The property is a free market nine-bedroom building. The lot size is 0.0727 acres. The zoning is R5A. Four units are currently vacant.
Key Highlights
- Solid brick 5- to 6‑unit building with a basement and nearly 4,000 sq ft of living space
- Unit mix includes 3 two‑bedroom units and 3 one‑bedroom units
- 4 units currently vacant
Local Financial Insights For Apartment 5plus
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 | $168.0k | $42.00 |
| − Vacancy | −$9.7k | −$2.44 |
| EGI | $158.3k | $39.56 |
| − OpEx | −$71.2k | −$17.80 |
| NOI | $87.0k | $21.76 |
4,000 SF · lease $42.00/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.24M
$1.09M – $1.45M
NOI $87,041 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.77M
$2.43M – $3.23M
NOI $194,020 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Charming multifamily building in the Olinville neighborhood of the Bronx.
Where is this apartment building located?
The property is located at 3341 Barker Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Solid brick 5- to 6‑unit building with a basement and nearly 4,000 sq ft of living space; Unit mix includes 3 two‑bedroom units and 3 one‑bedroom units; 4 units currently vacant
