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Mixed-Use Multifamily Building with Retail
For Sale
$6,899,999

3505 Wayne Avenue, Bronx, NY 10467

MULTI_FAMILY - Bronx, NY

Lot Size0.34 Acres
Days on Market183

Property Features for 3505 Wayne Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R7-1
Parking features Open
Appliances Electric Water Heater, Oil Water Heater
Standard status Active
APN 03344-0001
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 123220

Utilities

Sewer type Public Sewer
Heating system Oil
Water source Public

Building Details

Year built 1930
Floors in Building 5
Number of units 55
Building materials Brick
Listing Agency: Keller Williams Hudson Valley · Keller Williams Realty
Listed By: Michelangelo Giordano
Added: Jan 30 Changed: Jun 27 Last Checked: Aug 1 at 4:06PM
MLS# 951525

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 well-kept mixed-use building contains 55 total units, comprised of 51 residential apartments and four retail stores. Recent building improvements include repointing, freshly painted hallways, and new exterior doors and locks. Additional exterior updates include new outside lights. Heating is fuel oil, with the oil tank located above ground.

The property is located at 3505 Wayne Avenue in the Bronx and is across the street from Montefiore Hospital. The listing also notes proximity to transportation, major highways, and surrounding shopping and entertainment options.

For tenants and operators, the mix of residential units plus retail spaces can support diverse income streams within one asset. The combination of in-place retail and apartment layouts, along with the documented exterior and common-area updates, may appeal to buyers seeking a manageable property with recent improvements. Zoning is listed as R7-1.

Key Highlights

  • 55‑unit mixed‑use building with 51 residential units and 4 retail spaces, providing diverse income.
  • Located near Montefiore Hospital**, a major employment center.
  • Recent improvements include pointing, hallway painting, new doors/locks, and exterior lights.

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.

Lease Details

51
Residential units

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 55-unit mixed-use property with residential apartments and four retail stores near major transit and shopping.
Where is this apartment building located?
The property is located at 3505 Wayne Avenue 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: 55‑unit mixed‑use building with 51 residential units and 4 retail spaces, providing diverse income.; Located near Montefiore Hospital**, a major employment center.; Recent improvements include pointing, hallway painting, new doors/locks, and exterior lights.
More about this property
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