Three-Unit Multifamily Income
2722 Wallace Avenue Bronx, NY 10467
2722 Wallace Avenue, Bronx, NY, 10467
$999,000
Pending
For Sale
$999,000
Pending
MULTI_FAMILY - Bronx, NY
Lot Size0.05 Acres
Days on Market48
Property Features for 2722 Wallace Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 9, Bedroom 2, Bathroom 6, Bedroom 5, Bedroom 6, Bedroom 8, Bathroom 2, Bathroom 5, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 7, Bathroom 4, Bathroom 3, Bedroom 1
- Parking features
- On Street
- Interior features
- First Floor Bedroom, First Floor Full Bath, Primary Bathroom
- Basement
- Full
- Standard status
- Pending
- APN
- 04512-0008
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4830
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 2002
- Number of units
- 3
- Building materials
- Brick
Listing agency
Link NY Realty
(646) 827-2256
Listed by
Valon Nikci · License #10491202180
(646) 321-9428
Added: Jun 5 Updated: Jul 17 at 9:21PM Checked: Jul 22 at 7:06PM
MLS# 1009825
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.
Investment Insights
Based on property information with market context.
This newly constructed three-unit multifamily property includes three spacious apartments, each with 3 bedrooms and 2 full bathrooms. Two apartments are currently fully occupied, while the third-floor unit is expected to come vacant. The building also features a finished basement that provides additional usable space.
The property is offered for sale at 2722 Wallace Avenue in the Bronx (10467). Public remarks note that it is in excellent condition with minimal maintenance requirements. Tenants pay heat and electric, while the landlord pays water and insurance.
Structured as a non-Article XI property, the building is described as offering maximum rent flexibility, which may be an important consideration for buyers evaluating how rents can be managed over time. With low landlord utility expenses and a finished basement for added flexibility, the layout supports a straightforward rental operation with multiple similarly sized units. Public remarks also cite proximity to shopping, restaurants, schools, public transportation, and major highways.
The property is offered for sale at 2722 Wallace Avenue in the Bronx (10467). Public remarks note that it is in excellent condition with minimal maintenance requirements. Tenants pay heat and electric, while the landlord pays water and insurance.
Structured as a non-Article XI property, the building is described as offering maximum rent flexibility, which may be an important consideration for buyers evaluating how rents can be managed over time. With low landlord utility expenses and a finished basement for added flexibility, the layout supports a straightforward rental operation with multiple similarly sized units. Public remarks also cite proximity to shopping, restaurants, schools, public transportation, and major highways.
Key Highlights
- Multifamily property built in 2002 with brick construction and a finished basement for additional usable space
- 3‑bedroom, 2 full‑bath apartments layout; 2 apartments are fully occupied and the 3rd‑floor unit is currently vacant
- Gross monthly income stated as $6,667/month; tenants pay heat and electric
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three apartments, two currently occupied, with tenants paying heat and electric for lower landlord utility costs.
Where is this triplex located?
The property is located at 2722 Wallace Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Multifamily property built in 2002 with brick construction and a finished basement for additional usable space; 3‑bedroom, 2 full‑bath apartments layout; 2 apartments are fully occupied and the 3rd‑floor unit is currently vacant; Gross monthly income stated as $6,667/month; tenants pay heat and electric