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4383 Matilda Avenue Bronx, NY 10466

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New
For Sale
$1,555,000

MULTI_FAMILY - Bronx, NY

Lot size:
0.06 Acres
Added:
Apr 7, 2026
Days on Market:
2
Last Refresh:
Apr 8 at 1:06 am

Property Features for 4383 Matilda Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Washer/Dryer Hookup
Basement
Finished, Walk-Out Access
Standard status
Active
APN
05040-0038
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
29540

Utilities

Sewer type
Public Sewer
Heating system
Oil
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1930
Number of units
7
Building materials
Brick

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Listing Contact
Yara Annechiarico
Yara Annechiarico

Listing agent Yara Annechiarico

Listing office At Home With Yara Realty 25 Franklin Ave, Tuckahoe, NY

Listing date Apr 7, 2026

MLS# 981728

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.


Overview

Bronx Multifamily Investment Opportunity

This is a 3-story brick multifamily building located in the Wakefield section of the Bronx. It features seven income-generating units, including five 2-bedroom apartments, one 1-bedroom apartment, and a bonus 2-bedroom unit in the basement. The property is suitable for investors seeking cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. The gross rental income is $169,020 annually, with total expenses of $58,427.72, resulting in a net operating income (NOI) of $110,592.28. The cap rate is approximately 7.1%, and the GRM (Gross Rent Multiplier) is approximately 9.2. Major capital improvements have been completed, including work on the boiler, roof, gas lines, and oil tanks. The property is located two blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering convenient access throughout NYC. It is surrounded by local shops, restaurants, schools, and public transportation.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience 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
-73.856711
Latitude
40.89889

FAQs

What type of property is this?
Apartment building - Income-producing 7-unit property near transit in Wakefield, Bronx.
Where is this apartment building located?
The property is located at 4383 Matilda Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,555,000.
What are key features of this property?
This property features: Strong Cash Flow: Net Operating Income (NOI) of $110,592.28 annually and a Cap Rate of ~7.1%.; Prime Location: Just 2 blocks from the 2 & 5 subway lines for convenient NYC commuting.; 7 Income‑Generating Units: Includes five 2‑bedroom, one 1‑bedroom, and a bonus 2‑bedroom basement unit.
More about this property
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