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    3650 Waldo Ave Bronx, NY 10463

    For Sale
    $1,050,000

    MULTI_FAMILY - Bronx, NY

    Lot size:
    0.16 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 3650 Waldo Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 6, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    05769-0123
    Parking
    5
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, First Floor Full Bath
    Basement
    Partial
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1962
    Number of units
    2
    Building materials
    Frame

    BESMATCH REAL ESTATE (718) 324-6060 [email protected]

    Listing agent Abel Brea (347) 203-1731

    Listing date Dec 3, 2025

    MLS# 849182 Listing URL

    Copyright © 2025 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.

    Overview

    Riverdale Multifamily Investment Opportunity

    This multifamily home, situated on a 7,038 sq ft lot in Riverdale, presents an investment opportunity. The property features three distinct residential units suitable for multigenerational living or generating multiple revenue streams. Each unit includes living spaces, kitchens, bedrooms, and baths. The property also includes five dedicated parking spots, currently leased for a total of $1,000 per month. Additional income includes $1,300 from a studio unit and $1,680 from Apartment 2, with the owner's unit offering a projected rental value of approximately $3,200 per month. The location provides accessibility to parks, schools, highways, and public transportation. On-site storage is included, and the sizable lot offers potential for future development. The property will be delivered vacant, providing flexibility from day one. The property is located in Bronx County, New York.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.904389
    Latitude
    40.886423

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    FAQs

    What type of property is this?
    Apartment building - Multifamily home with income potential in prime Riverdale location.
    Where is this apartment building located?
    The property is located at 3650 Waldo Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - High-yield investment opportunity with three distinct residential units and five parking spots, offering multiple income streams.; - Delivered vacant, providing immediate flexibility for rental or owner-occupancy strategies.; - Expansive 7,038 sq ft lot with potential for future development.
    (347) 203-1731
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    3650 Waldo Ave Bronx, NY 10463
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3650 Waldo Ave Bronx, NY 10463
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