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63-Unit Brick Apartment Building
New
For Sale
$6,500,000

4118 Carpenter Ave The, Bronx, NY 10466

The residential mix ranges from studios to three-bedroom apartments and includes a superintendent’s unit.

Property Size50,830 SF
Days on Market4

Property Features for 4118 Carpenter Ave The

General Information

Standard status Active
Size 50,830 SF
Property subtype Commercial

Units

Unit Mix 9 x Studio, 36 x 1BR, 15 x 2BR, 2 x 3BR, 1 x Super
Multifamily Units 63

Additional Details

Cap Rate 6.78%
Public Transit Yes

Taxes and HOA fees

Annual Taxes $164,082

Building Details

Building Size 50,830 SF
Year Built 1927
Stories 5
Units 63
Construction Brick Tudor
Listing Agency: William Raveis Real Estate
Listed By: Concetta M. Fazio · License #30FA1055859
Source: Elliman
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 5:43PM

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 William Raveis Real Estate

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Investment Insights

Based on property information with market context.

This five-story, corner brick Tudor apartment building dates to 1927 and contains 63 units. The mix comprises 9 studios, 36 one-bedroom apartments, 15 two-bedroom apartments, 2 three-bedroom apartments and 1 superintendent’s unit. Several apartments are undergoing renovation. The stated cap rate is 6.78%.

The property is in the Wakefield section of the Bronx, a few blocks from Montefiore Hospital and a subway station. Its Walk Score is 90, Transit Score is 80 and Bike Score is 50.

Key Highlights

  • 63 apartments, including 9 studios, 36 one‑bedroom, 15 two‑bedroom and 2 three‑bedroom units, plus 1 superintendent’s unit
  • Five‑story brick Tudor building constructed in 1927
  • Several apartments are currently being renovated

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

63
Residential units

Location Intelligence

Trade Area within ½ mile

2,819
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
View Realmo Analytics

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?
Apartment building - The residential mix ranges from studios to three-bedroom apartments and includes a superintendent’s unit.
Where is this apartment building located?
The property is located at 4118 Carpenter Ave The Bronx, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 63 apartments, including 9 studios, 36 one‑bedroom, 15 two‑bedroom and 2 three‑bedroom units, plus 1 superintendent’s unit; Five‑story brick Tudor building constructed in 1927; Several apartments are currently being renovated
More about this property
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