Bronx Multifamily Investment
4383 Matilda Avenue, Bronx, NY 10466
- Added:
- Apr 7, 2026
- Days on Market:
- 47
- Last Refresh:
- May 23 at 3:06 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
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 7
- Building materials
- Brick
Listing agent Yara Annechiarico (917) 295-5330
Listing office At Home With Yara Realty 25 Franklin Ave, Tuckahoe, NY (914) 372-1404
Listing date Apr 7, 2026
MLS# 981728
Listing URL
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.
HighLights
- 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.
- Major Capital Improvements: Boiler, roof, gas lines, and oil tanks have been updated.
- Strong Rental Market: Located in the Wakefield section of the Bronx, a consistent rental market.
- Brick Construction: Durable and low‑maintenance brick 3‑story building.
Overview
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
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.856711
- Latitude
- 40.89889
Nearby Similar for Sale
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.
