3944 Barnes Ave Bronx, NY 10466-4320
Property summary
This meticulously maintained six-family property at 3944 Barnes Avenue in the Bronx, New York, presents a compelling investment opportunity for both seasoned investors and owner-occupants. The property boasts a substantial 5,451 square feet of living space situated on a conveniently sized 0.06-acre lot. Its central location offers easy access to a variety of amenities, including shopping centers, public transportation options, schools, and places of worship, ensuring high occupancy rates and strong rental demand. The building's excellent condition translates to minimal maintenance requirements, maximizing potential returns. This translates to a strong cap rate, making it an attractive proposition for those seeking a stable and profitable investment. The property's current configuration as a six-family dwelling provides immediate income potential. The strategic location within the Bronx further enhances its appeal, given the area's ongoing growth and development. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. Don't miss this chance to secure a valuable asset with significant long-term potential. The asking price is $999,777.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R5 · Bronx, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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