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Spacious Multi-Unit Home in Bronx

4083 De Reimer Avenue, Bronx, NY 10466

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For Sale

$1,130,000

Multi-Unit (2-4) - Bronx, NY

Property size:

3,223 SF

Price / SF:

$350/SF

HighLights

Spacious 3200 sq ft, 3‑level semi‑detached house offering versatile living options.
Great potential for rental income in addition to owner occupancy.
Located in the historic Wakefield neighborhood with convenient access to Hutchinson, I‑95, and I‑87 highways.
Conveniently located just 2 miles from Cross County Mall and Mall at Bay Plaza shopping outlets.
Features a well‑constructed backyard, garage, and driveway parking.
Includes 3 bathrooms and at least 5 bedrooms.

We can help!

Listing Contact

Barrington Fletcher

For Sale

$1,130,000

Multi-Unit (2-4) - Bronx, NY

Property size:

3,223 SF

Price / SF:

$350/SF

Added:: Oct 28, 2024
Days on Market:: 601
Last Refresh:: Jun 20 at 10:06 pm

Property Features for 4083 De Reimer Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: 100
Bedrooms: 8
Bathrooms: 3
Rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking features: Garage
Standard status: Active
Size: 3,223 SF

Taxes and HOA fees

Tax Annual Amount: 0

Building Details

Year built: 1960
Year renovated: 1960
Floors in Building: 3
Architectural style: Other

We can help!

Listing Contact

Barrington Fletcher

Listing agent Barrington Fletcher

Listing office EXTENDED SERVICES GROUP LLC 753 BURKE AVE, BRONX, NY

Listing date Oct 28, 2024

MLS# 11358594 Listing URL

HighLights

Spacious 3200 sq ft, 3‑level semi‑detached house offering versatile living options.
Great potential for rental income in addition to owner occupancy.
Located in the historic Wakefield neighborhood with convenient access to Hutchinson, I‑95, and I‑87 highways.
Conveniently located just 2 miles from Cross County Mall and Mall at Bay Plaza shopping outlets.
Features a well‑constructed backyard, garage, and driveway parking.
Includes 3 bathrooms and at least 5 bedrooms.

Overview

Located in the Wakefield neighborhood of Bronx, New York, this semi-detached house offers 3200 square feet of living space across three levels. The property is suitable for both homeowners and investors, offering the opportunity to live in one unit and rent out the others for additional income. The building is a 3/3/2 dwelling, designed with comfort and convenience in mind. The property includes a well-constructed backyard suitable for recreation and entertaining, as well as a garage and driveway parking. The location provides convenient access to major highways including Hutchinson, I-95, and I-87. Shopping options are available at Cross County Mall and Mall at Bay Plaza, both located approximately 2 miles away. The area also features local shopping plazas, restaurants, and various eateries catering to diverse tastes.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$123.8k	$38.40
− Vacancy	−$6.8k	−$2.11
EGI	$117.0k	$36.29
− OpEx	−$35.1k	−$10.89
NOI	$81.9k	$25.40

3,223 SF · lease $38.40/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.17M

$1.02M – $1.36M (±1% cap)

NOI $81,869 @ 7.0% cap · market cap 7.25%

Second Best

Apartment 5plus

$1.06M

$926.8K – $1.24M (±1% cap)

NOI $74,141 @ 7.0% cap · market cap 6.56%

Theoretical Best

Warehouse

$2.23M

$1.95M – $2.61M (±1% cap)

NOI $156,332 @ 7.0% cap · market cap 13.83%

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

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Bronx
County: Bronx
State: New York
Longitude: -73.842873
Latitude: 40.892599

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For sale
Triplexes
NY
Bronx
10466
4083 De Reimer Avenue

What type of property is this?

Triplex - Semi-detached house with versatile living options and modern conveniences.

Where is this triplex located?

The property is located at 4083 De Reimer Avenue Bronx, NY.

What is the asking price?

The asking price for this property is $1,130,000.

What are key features of this property?

This property features: Spacious 3200 sq ft, 3‑level semi‑detached house offering versatile living options.; Great potential for rental income in addition to owner occupancy.; Located in the historic Wakefield neighborhood with convenient access to Hutchinson, I‑95, and I‑87 highways.

4083 De Reimer Avenue, Bronx, NY 10466

Multi-Unit (2-4) - Bronx, NY

Property Features for 4083 De Reimer Avenue

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Versatile Commercial Property in Bronx, NY

Established Laundromat Business For Sale

Bronx Retail Investment Opportunity

Spacious Two-Family Bronx Property

Industrial Auto Repair Warehouse

Renovated Two-Family Brick Home

Charming Bronx Multi-Family Home

Retail Storefront Redevelopment Opportunity

Pelham Parkway Two-Family Home

Spacious Bronx Two-Family Home

Bronx Two-Family Home For Sale

Detached Mixed-Use Brick Building

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