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Financial
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Property profile

3961 Carpenter Ave The Bronx, NY 10466

FOR SALE
Retail residential properties
Property ID
US63-3273674
40,660 SF 0.26 ac lot Built 2012
Last sale Apr 2011 · $1,085,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Built in 2012, the property is a six-story elevator apartment building containing 57 residential units and more than 40,000 square feet of rentable area. It features contemporary building construction and building systems, with layouts designed for efficient use of space and day-to-day tenant comfort, supported by elevator service throughout the building. The building is located on Carpenter Avenue in the Wakefield section of the Bronx, with access to public transportation and major highways,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$21k
Tax billed · 2024
Assessed value$2.40M
Assessed land$151k
Assessed improvement$2.25M
Effective rate0.87%

Value estimate

· Oct 2026
$8.43M
$7.59M – $9.27M
Submarket $/SF estimate$6.64M
NOI build-up
Gross scheduled income$1.78M
Vacancy & credit loss−$103k
Operating expenses−$753k
NOI · 8.97% cap applied$920k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$247/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$141 – $339
Qualifying comparables27

Cap rate analysis

How does the asset earn?
8.97%
$920k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R7-1
C1 or C2 mapped in R7-1 3.5 1.0 (b) For buildings containing residential and community facility uses , where such buildings have a ratio ...
General categoryRESIDENTIAL
JurisdictionBRONX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency60.6
Law Firm58.5
Dental Office42.8

Location

3961 Carpenter Ave, Unit The Bronx, NY 10466
County assessor Recorded deeds · 10 transfers 27 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3920 Bronx, Bronx, NY 10466-3535 $4,325,750 May 2025 47,977 SF
3805 Dyre, Bronx, NY 10466-6138 $1,750,000 Jun 2023 12,150 SF
745 Nereid, Bronx, NY 10466-1256 $3,375,000 Jun 2022 24,750 SF
4188 Barnes, Bronx, NY 10466-4346 $36,470,390 Mar 2022 20,100 SF
4206 Carpenter, Bronx, NY 10466-2651 $5,050,000 Dec 2020 27,500 SF
775 233rd, Bronx, NY 10466 $7,000,000 Dec 2018 102,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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