7-Unit Brick Apartment
New
For Sale
$1,111,111
3018 Paulding Ave The, Bronx, NY 10469
Residential building with a full basement, dedicated utility metering, and three on-site parking spaces.
Property Size5,058 SF
Days on Market4
Property Features for 3018 Paulding Ave The
General Information
Standard status
Active
Size
5,058 SF
Total Parking Spaces
3
Property subtype
Commercial
Zoning
R5
Occupancy
100%
Net Operating Income
$125,200
Financials
Cap Rate
7%
Gross Income
$168,744
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$22,941
Building Details
Building Size
5,058 SF
Year Built
1929
Units
7
Construction
brick
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Moin Siddiqui · License #10401259946
(917) 900-7394
Source:
Elliman
Added: Sep 13
Last Checked: Sep 15 at 6:06AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Built in 1929, this brick multifamily property contains seven residential units and includes a full basement that is partially finished. The building has seven electric meters, seven gas meters, and seven heating units. Public water and sewer serve the property, with oil/steam heating, while tenants pay their own electricity and gas. Three garage or parking spaces are included, and all units are reported occupied.
Located at 3018 Paulding Avenue in the Bronx, the property is approximately 0.60 miles from the nearest train and carries R5 zoning. Walk Score, transit score, and bike score are reported at 83, 82, and 74, respectively. The property also has an associated adjacent parcel, with lot configuration and ownership subject to independent buyer verification. A reported 7% capitalization rate provides an additional operating metric for review.
Located at 3018 Paulding Avenue in the Bronx, the property is approximately 0.60 miles from the nearest train and carries R5 zoning. Walk Score, transit score, and bike score are reported at 83, 82, and 74, respectively. The property also has an associated adjacent parcel, with lot configuration and ownership subject to independent buyer verification. A reported 7% capitalization rate provides an additional operating metric for review.
Key Highlights
- Seven residential units with all units reported occupied
- Brick construction completed in 1929 with a full, partially finished basement
- Three garage or parking spaces included
Property Analytics
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Current Use
Lease Details
7
Residential units
100%
Occupancy
Yes
Utilities to site
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
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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?
Apartment building - Residential building with a full basement, dedicated utility metering, and three on-site parking spaces.
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 $1,111,111.
What are key features of this property?
This property features: Seven residential units with all units reported occupied; Brick construction completed in 1929 with a full, partially finished basement; Three garage or parking spaces included
