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Mixed-Use Building Near Montefiore Hospital
For Sale
$6,899,999

3505 Wayne Ave The, Bronx, NY 10467

55-unit mixed-use building with 51 apartments and 4 retail stores.

Days on Market100

Property Features for 3505 Wayne Ave The

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1930
Listing Agency: Keller Williams Hudson Valley Realty & United
Listed By: Michelangelo Giordano
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 7:36AM

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

Current Use

JB Countertops Kitchen & Bath Showroom JB Countertops- Kitchen ... Kitchen & Bath Showroom

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Acupuncture Big Box & Wholesale Store HVAC Service

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

5,914
Businesses Nearby

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

Properties on Market for Mixed-use properties in Bronx

Feb
Mar
Apr
May
Jun
Jul

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?
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.
More about this property
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