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    3532 Ely Ave, Unit The Bronx, NY 10466

    For Sale
    $875,000

    Three-unit building near transportation and schools in Edenwald neighborhood.

    Lot size:
    0.05 Acres

    Property Features for 3532 Ely Ave

    General Information

    Lot size
    0.05 Acres

    Building Details

    Year built
    1970

    Source: YourHomeSold Guaranteed Realty Agent Arif Baksh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Edenwald Multifamily Investment Opportunity

    This brick building, constructed in 1970, presents an investment opportunity in the Edenwald neighborhood. The property features three units across three floors, with each unit having independent access. The building provides approximately 3,232 square feet of living space and is situated on a lot of approximately 2,090 square feet. The location is near the #5 train at Baychester Avenue and within walking distance of local schools.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.84155
    Latitude
    40.881325

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    FAQs

    What type of property is this?
    Triplex - Three-unit building near transportation and schools in Edenwald neighborhood.
    Where is this triplex located?
    The property is located at 3532 Ely Ave, Unit The Bronx, NY.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Investment opportunity in Edenwald neighborhood.; - Three-story brick building with approximately 3,232 sq ft of living space.; - Convenient access to the #5 train at Baychester Avenue.
    (914) 494-1549
    Request Owner's contact information
    3532 Ely Ave, Unit The Bronx, NY 10466
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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
    3532 Ely Ave, Unit The Bronx, NY 10466
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