Bronx Multifamily Investment
4383 Matilda Avenue, Bronx, NY 10466
- Added:
- Apr 7, 2026
- Days on Market:
- 47
- Last Refresh:
- May 23 at 4:06 am
Property Features for 4383 Matilda Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5A
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Finished, Walk-Out Access
- Standard status
- Active
- APN
- 05040-0038
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 29540
Utilities
- Sewer type
- Public Sewer
- Heating system
- Oil
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 7
- Building materials
- Brick
Listing agent Yara Annechiarico (917) 295-5330
Listing office At Home With Yara Realty 25 Franklin Ave, Tuckahoe, NY (914) 372-1404
Listing date Apr 7, 2026
MLS# 981692
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.
HighLights
- Strong cash flow with a Net Operating Income (NOI) of $110,592.28 and a Cap Rate of ~7.1%.
- Income‑generating property featuring 7 units, producing $169,020 annually.
- Prime location in the Wakefield section of the Bronx, near shops, restaurants, and schools.
- Convenient transportation, located just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains).
- Major capital improvements including updated boiler, roof, gas lines, and oil tanks.
- Durable and low‑maintenance brick 3‑story multifamily building.
Overview
This is a 3-story multifamily building located in the Wakefield section of the Bronx. The property contains seven income-generating units, including five 2-bedroom apartments, one 1-bedroom apartment, and a bonus 2-bedroom unit in the basement. The location is near local shops, restaurants, schools, and public transportation. The property is situated two blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains). The gross rental income is $169,020 annually, with total expenses of $58,427.72, resulting in a net operating income (NOI) of $110,592.28. The cap rate is approximately 7.1%, and the GRM (Gross Rent Multiplier) is approximately 9.2. Major capital improvements have been completed, including the boiler, roof, gas lines, and oil tanks. The property is located in Bronx County, on a lot of approximately 0.0574 acres and is zoned R5A.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.856712
- Latitude
- 40.898895
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Income-producing 7-unit property near transit in Wakefield, Bronx.
Where is this apartment building located?
The property is located at 4383 Matilda Avenue Bronx, NY.
What is the asking price?
The asking price for this property is $1,555,000.
What are key features of this property?
This property features: Strong cash flow with a Net Operating Income (NOI) of $110,592.28 and a Cap Rate of ~7.1%.; Income‑generating property featuring 7 units, producing $169,020 annually.; Prime location in the Wakefield section of the Bronx, near shops, restaurants, and schools.
