New Five-Family Bronx
For Sale
$1,950,000
3540 Tiemann Avenue, Bronx, NY 10469
MULTI_FAMILY - Bronx, NY
Property SizeContact for details
Days on Market112
Property Features for 3540 Tiemann Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Rooms
Basement
Parking features
On Street
Security features
Security
Fencing
Fenced
Basement
Walk-Out Access, Full
Standard status
Active
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
27131
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
2025
Floors in Building
3
Number of units
5
Building materials
Stucco
Listing Agency:
Century 21 Kafcos Realty · Prudential Real Estate
(718) 518-9101
Listed By:
Michael Musano
(917) 374-6970
Added: Apr 22
Changed: Jul 13
Last Checked: Aug 11 at 4:06PM
MLS# 988436
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 is a new construction, legal five-family property in the Bronx. The fully detached building features five residential units plus a full basement. Each unit is independently metered, which reduces landlord expenses and maximizes net income. The property is a cash-flowing asset ideal for both seasoned investors and those looking to expand their portfolio. Built from the ground up, this new construction offers modern systems, minimal maintenance, and long-term reliability, giving owners years of worry-free ownership. The property can be purchased together with the adjacent building, creating a 10-unit investment package.
Key Highlights
- Brand new, legal five‑family property in the Bronx.
- Fully detached building with five independently metered residential units plus a full basement.
- New construction offers modern systems, minimal maintenance, and long‑term reliability.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Explore this area
Business Placement
Demographics for 10469, NY
71,571
Population
25,082
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
83%
High-School Grad
2.4 sq mi
ZIP Area
29,821
Density / Sq Mi
$76,018
Median Household Income
$45,857
Median Earnings
$1,653
Median Rent
$640,400
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?
Apartment building - New construction five-family property in the Bronx. Investment opportunity.
Where is this apartment building located?
The property is located at 3540 Tiemann Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Brand new, legal five‑family property in the Bronx.; Fully detached building with five independently metered residential units plus a full basement.; New construction offers modern systems, minimal maintenance, and long‑term reliability.
