Mixed-Use Building Near Montefiore
For Sale
$6,899,999
3505 Wayne Ave The, Bronx, NY 10467
55-unit mixed-use building with 51 apartments and 4 retail stores.
Property Size54,000 SF
Days on Market113
Property Features for 3505 Wayne Ave The
General Information
Standard status
Active
Size
54,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$123,220
Building Details
Building Size
54,000 SF
Year Built
1930
Units
55
Listing Agency:
Keller Williams Hudson Valley Realty & United
(845) 282-4410
Listed By:
Michelangelo Giordano
(845) 282-4410
Source:
Elliman
Added: Apr 24
Changed: Aug 14
Last Checked: Aug 14 at 6:07AM
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 Keller Williams Hudson Valley Realty & United
Investment Insights
Based on property information with market context.
This 55-unit mixed-use building presents an investment opportunity, featuring 51 residential apartments and 4 retail stores. The building is located across the street from Montefiore Hospital. Recent improvements include pointing on the building exterior, freshly painted hallways, and the installation of new outside doors and locks, as well as new outside lights. The location offers convenient access to transportation, major highways, shopping, and entertainment. The property has a bike score of 69, indicating it is bikeable, a walk score of 80, indicating it is very walkable, and a transit score of 100, indicating it is a rider's paradise. The heating fuel is oil, stored above ground.
Key Highlights
- Excellent Transit Score (100): Rider's Paradise, ensuring easy access to public transportation.
- Mixed‑Use Building: Consisting of 51 residential apartments and 4 retail stores, offering diverse income streams.
- Prime Location: Across the street from Montefiore Hospital, a major employment and service hub.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,914
Businesses Nearby
Explore this area
Business Placement
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 55-unit mixed-use building with 51 apartments and 4 retail stores.
Where is this mixed-use property located?
The property is located at 3505 Wayne Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $6,899,999.
What are key features of this property?
This property features: Excellent Transit Score (100): Rider's Paradise, ensuring easy access to public transportation.; Mixed‑Use Building: Consisting of 51 residential apartments and 4 retail stores, offering diverse income streams.; Prime Location: Across the street from Montefiore Hospital, a major employment and service hub.
