Search
Six-Story Apartment Building with Elevator
For Sale
$10,260,000

3961 Carpenter Avenue, Bronx, NY 10466

MULTI_FAMILY - Bronx, NY

Property SizeContact for details
Lot Size0.26 Acres
Days on Market58

Property Features for 3961 Carpenter Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R7-1
Rooms Basement
Basement Finished
Elementary school district Bronx 11
Middle school district Bronx 11
High school district Bronx 11
Standard status Active
APN 04820-0020
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 21003

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Wall/Window Unit(s), Window Unit(s), Central Air, Varies by Unit
Water source Public

Building Details

Year built 2012
Number of units 57
Building materials Brick
Listing Agency: Link NY Realty
Listed By: Valon Nikci · License #10491202180
Added: Jun 18 Changed: Aug 3 Last Checked: Aug 14 at 10:06AM
MLS# 1015518

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 six-story apartment building was built in 2012 and features elevator service, a brick construction exterior, and a total of 57 residential units. The property includes a basement and is described as offering over 40,000 square feet of rentable space. Heating is provided via electric baseboard, and cooling is listed as wall/window units and window units, with central air noted as varies by unit.

The site sits on a 0.2572-acre lot and is served by public water and public sewer. The property is described as an institutional-quality, income-producing multifamily investment, with a stated cap rate of over 11%.

Zoned R7-1, the building is positioned as a modern multifamily option within the Bronx, with elevator access and contemporary systems as part of its physical profile.

Key Highlights

  • Built in 2012 six‑story apartment building with elevator service
  • 57 residential units
  • Over 40,000 SF rentable space

Property Analytics

Current Use

Interior. millwork & Door ... Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Parking Lot & Garage Acupuncture

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,581
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2012, this R7-1 apartment building offers 57 residential units with elevator service and public utilities.
Where is this apartment building located?
The property is located at 3961 Carpenter Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $10,260,000.
What are key features of this property?
This property features: Built in 2012 six‑story apartment building with elevator service; 57 residential units; Over 40,000 SF rentable space
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message