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3-Unit Brick Residential Building
New
For Sale
$799,900

3540 Ely Avenue, Bronx, NY 10466

Residential Income, Bronx, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market4

Property Features for 3540 Ely Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 6, Bedroom 7, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 8, Basement, Bathroom 5, Bedroom 5, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 1
Parking 1
Parking features On Street
Interior features Open Floorplan
Basement Full, Finished, Walk-Out Access
Elementary school Baychester Academy
Middle school Baychester Middle School
High school Contact Agent
Elementary school district Bronx 11
Middle school district Bronx 11
High school district Bronx 11
Special listing conditions Auction
Standard status Active
APN 04892-0021
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9846

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 2007
Number of units 3
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Village Sq Rlt · Keller Williams Realty
Listed By: Evelyn Oberkircher
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 22 at 7:06AM
MLS# 1064190

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.

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Investment Insights

Based on property information with market context.

Built in 2007, this brick residential property contains three apartments on a 0.068-acre lot. Two apartments each have three bedrooms and two full bathrooms; the third has two bedrooms. A finished walk-out basement and a one-car garage are also part of the property, with a partially fenced backyard.

The building is rent-stabilized through October 7, 2041, and rents cannot be raised before that date. The property also has a 421-a tax abatement. Public water and sewer serve the building.

Key Highlights

  • Three apartments: two with 3 bedrooms and 2 full bathrooms each, plus one with 2 bedrooms
  • 0.068‑acre lot with a partially fenced backyard
  • Finished walk‑out basement

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,727
Businesses Nearby

Demographics for 10466, NY

70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The property combines a finished walk-out basement with rent stabilization and a 421-a tax abatement.
Where is this triplex located?
The property is located at 3540 Ely Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Three apartments: two with 3 bedrooms and 2 full bathrooms each, plus one with 2 bedrooms; 0.068‑acre lot with a partially fenced backyard; Finished walk‑out basement
More about this property
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