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Bronx Multifamily Investment Opportunity
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3018 Paulding Avenue, New York, NY 10469

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

Property SizeContact for details
Days on Market151

Property Features for 3018 Paulding Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning R5
Net Operating Income $125,200

Building Details

Year Built 1929
Buildings 1
Units 7
Listing Agency: Howard Hanna Rand Realty
Listed By: Drita Shala · License #10401221172
Source: Crexi
Added: Apr 12 Changed: Sep 8 Last Checked: Sep 8 at 7:15AM

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 Howard Hanna Rand Realty

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

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

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
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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 Avenue New York, 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.
(914) 419-6612 Call to check price and availability
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