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3944 Barnes Ave Bronx, NY 10466-4320

OFF-MARKET Apartment buildings Google Maps
5,451 SF 0.06 ac lot Built 1931
Entity Owned ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US63-2314236

Property summary

AI-generated overview

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

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1931
Total area 5,451 SF
Lot 0.06 ac (2,465 SF)
Zoning code R5
APN 04848-0041
UPID US63-2314236

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
Last sale
$875,000
5 recorded transactions
2026
$875,000
2022
Price N/A
2012
$565,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R5 · Bronx, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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