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    28-Unit Investment Opportunity in Bronx Title is generated by Realmo AI

    3530 Mickle Ave The, Bronx, NY 10469

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    For Sale
    $10,800,000

    Prime income-producing property with modern amenities and strong cash flow.

    Type:Commercial
    Lot size:
    0.39 Acres
    Added:
    Nov 28, 2025
    Days on Market:
    220
    Last Refresh:
    Jul 2 at 8:23 am

    Property Features for 3530 Mickle Ave The

    General Information

    Standard status
    Active
    Lot size
    0.39 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2018

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    Reginald Brannen

    Listing office Blue Key Real Estate Brokerage

    Listing date Nov 28, 2025

    Source Elliman

    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 Blue Key Real Estate Brokerage

    HighLights

    • Strong Cash Flow with a $705,068 NOI and 6.1% Net Cap Rate.
    • 421a Tax Abatement in place.
    • 28 Units with Modern Amenities: Stainless steel appliances, Mitsubishi split‑unit heating & cooling, and digital video intercoms.
    • Low Operating Expenses: Tenants pay all utilities; fully electric (no gas).
    • 24 Outdoor Parking Spaces.
    • Built in 2018: Relatively new construction.

    Overview

    Located in the Williamsbridge section of the Bronx, this 28-unit property offers strong cash flow and modern amenities. The property benefits from a 421a Tax Abatement. All units are fully electric, with tenants responsible for all utilities. Each unit is equipped with individual hot water tanks, stainless steel appliances, and Mitsubishi split-unit heating & cooling systems. A studio supers unit is also included. Additional features include digital video intercoms in each unit, interior & exterior surveillance cameras, and 24 outdoor parking spaces. The property has low operating expenses. The Net Operating Income is $705,068 with a Net Cap Rate of 6.1%. This is a turn-key asset in a thriving Bronx neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Dental Office Skin Care Clinic Bar & Pub Cafe & Coffee Shop Acupuncture Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.8465
    Latitude
    40.8792

    FAQs

    What type of property is this?
    Apartment building - Prime income-producing property with modern amenities and strong cash flow.
    Where is this apartment building located?
    The property is located at 3530 Mickle Ave The Bronx, NY.
    What is the asking price?
    The asking price for this property is $10,800,000.
    What are key features of this property?
    This property features: Strong Cash Flow with a $705,068 NOI and 6.1% Net Cap Rate.; 421a Tax Abatement in place.; 28 Units with Modern Amenities: Stainless steel appliances, Mitsubishi split‑unit heating & cooling, and digital video intercoms.
    More about this property
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