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    New Elevator Building in Williamsbridge Title is generated by Realmo AI

    3573 Laconia Ave, Bronx, NY 10469

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    For Sale
    $6,250,000

    Newly constructed elevator building with tax abatement and parking.

    Type:Multifamily
    Added:
    Apr 3, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 3 at 5:38 am

    Property Features for 3573 Laconia Ave

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Seth Glasser

    Listing agent Seth Glasser License #NY: 10301209629

    Listing office New York City Office

    Listing date Apr 3, 2026

    Source Marcusmillichap

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

    All listing content including descriptions, pricing, images are the copyrighted material of New York City Office

    HighLights

    • Newly constructed elevator building (Certificate of Occupancy issued August 2023).
    • Active 421‑a tax abatement with 32 years remaining, resulting in a low annual tax bill of $2,638.
    • High average rent of $2,589 per apartment through Section 8 vouchers.
    • $137,761 in Preferential Rent Upside that can be captured upon vacancy.
    • All leases include 421‑a riders, ensuring units revert to free market status after the abatement term.
    • 13 parking spots generating an additional annual income of $24,000.

    Overview

    Located in Williamsbridge, 3573 Laconia Avenue is a newly constructed elevator building situated between 212th and 213th Street. The building received its final certificate of occupancy in August 2023. The property benefits from an active 421-a tax abatement, resulting in a current annual tax bill of $2,638, with 32 years remaining until expiration. All leases include the proper 421-a riders, confirming that each unit will revert to free market status once the 421-a abatement term concludes. The property also features 13 parking spots, contributing an additional annual income of $24,000. The average rent is $2,589 per apartment through Section 8 vouchers. There is also $137,761 in Preferential Rent Upside that can be captured upon vacancy.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.85503
    Latitude
    40.87581

    FAQs

    What type of property is this?
    Apartment building - Newly constructed elevator building with tax abatement and parking.
    Where is this apartment building located?
    The property is located at 3573 Laconia Ave Bronx, NY.
    What is the asking price?
    The asking price for this property is $6,250,000.
    What are key features of this property?
    This property features: Newly constructed elevator building (Certificate of Occupancy issued August 2023).; Active 421‑a tax abatement with 32 years remaining, resulting in a low annual tax bill of $2,638.; High average rent of $2,589 per apartment through Section 8 vouchers.
    More about this property
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