Building Details

Year Built 1929

Listing Agency: Howard Hanna Rand Realty d***@gmail.com Show Phone

Listed By: Drita V. Shala · License #10401221172 Show Phone

Source: Elliman

Added: Apr 24 Changed: Jul 10 Last Checked: Jul 31 at 10:47AM

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Investment Insights

Based on property information with market context.

This seven-unit property is located in the Bronx, New York. It presents an investment opportunity with a 7% capitalization rate. All units are currently rented. The property has a walk score of 75, indicating it is very walkable, and a transit score of 83, signifying excellent transit options. The bike score is 52, making it bikeable. An adjacent parcel is included with the building.

Key Highlights

• Seven‑unit multifamily property in the Bronx.
• Lucrative 7% capitalization rate.
• All units are currently rented.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,003

Businesses Nearby

Explore this area Business Placement

Demographics for 10469, NY

71,571

Population

25,082

Households

2.9

Avg Household Size

39

Median Age

29%

College-Educated

83%

High-School Grad

2.4 sq mi

ZIP Area

29,821

Density / Sq Mi

$76,018

Median Household Income

$45,857

Median Earnings

$1,653

Median Rent

$640,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Seven-unit property in the Bronx with a 7% capitalization rate.

Where is this apartment building located?

The property is located at 3018 Paulding Ave The Bronx, NY.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Seven‑unit multifamily property in the Bronx.; Lucrative 7% capitalization rate.; All units are currently rented.