Triplex with Updated
For Sale
$1,800,000
2905 Wilkinson Avenue, Bronx, NY 10461
Residential Income, Bronx, NY
Property Size4,100 SF
Lot Size0.11 Acres
Price / SF$439.02
Days on Market12
Property Features for 2905 Wilkinson Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
7
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 4
Lot features
Back Yard, Front Yard, Garden, Near Public Transit
Elementary school
Ps 71 Rose E Scala
Middle school
Ps 71 Rose E Scala
High school
Herbert H Lehman High School
Elementary school district
Bronx 8
Middle school district
Bronx 8
High school district
Bronx 8
Standard status
Active
APN
04240-0036
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10742
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Radiant
Water source
Public
Building Details
Year built
1965
Number of units
3
Building materials
Brick
Listing Agency:
HomeCoin.com
(888) 400-2513
Listed By:
Jonathan Minerick · License #01523060
(404) 388-9441
Added: Sep 25
Changed: Oct 5
Last Checked: Oct 6 at 5:06AM
MLS# 1052972
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 1965 brick triplex contains more than 4,100 square feet of interior space across three apartments. Two units have three bedrooms and one bathroom each; the lower-level apartment has one bedroom and one bathroom. The property occupies a 50-by-100-foot lot.
Work completed in 2019 included a roof replacement, new windows, and installation of a separate heating system for each unit. Radiant heat is listed, along with natural gas availability and public water and sewer service.
The property is in the Pelham Bay neighborhood, a few blocks from the Pelham Bay Park station on the 6 subway line. Express bus service is also nearby.
Work completed in 2019 included a roof replacement, new windows, and installation of a separate heating system for each unit. Radiant heat is listed, along with natural gas availability and public water and sewer service.
The property is in the Pelham Bay neighborhood, a few blocks from the Pelham Bay Park station on the 6 subway line. Express bus service is also nearby.
Key Highlights
- Three apartments: two 3‑bedroom/1‑bath units and one 1‑bedroom/1‑bath lower‑level unit
- Over 4,100 square feet of interior space
- 50‑by‑100‑foot property lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,147
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,082,940
$2.1M
Cap Rate 7%
$1,487,814
$1.5M
Cap Rate 9%
$1,157,189
$1.2M
Market Conditions
NOI Build-Up for 4,100 SF
Gross rent
$157.4K $38.40/SF
− Vacancy
−$8.7K −$2.11/SF
EGI
$148.8K $36.29/SF
− OpEx
−$44.6K −$10.89/SF
NOI
$104.1K $25.40/SF
Area
Bronx, NY
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,082,940
Cap Rate 7%
$1,487,814
Cap Rate 9%
$1,157,189
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.74M
NOI $104,147 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$1.35M
$1.18M – $1.57M
NOI $94,315 @ 7.0% cap · market cap 5.24%
Theoretical Best
Warehouse
$2.84M
$2.49M – $3.31M
NOI $198,871 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,078
Businesses Nearby
Explore this area
Business Placement
Demographics for 10461, NY
54,901
Population
20,418
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
22,875
Density / Sq Mi
$65,023
Median Household Income
$45,445
Median Earnings
$1,741
Median Rent
$640,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - The three apartments comprise two three-bedroom layouts and a one-bedroom lower-level unit.
Where is this triplex located?
The property is located at 2905 Wilkinson Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Three apartments: two 3‑bedroom/1‑bath units and one 1‑bedroom/1‑bath lower‑level unit; Over 4,100 square feet of interior space; 50‑by‑100‑foot property lot
