4383 Matilda Avenue, Bronx, NY 10466
Local realty services provided by:ERA Insite Realty Services
4383 Matilda Avenue,Bronx, NY 10466
$1,555,000
- - Beds
- - Baths
- 5,850 sq. ft.
- Multi-family
- Active
Listed by: yara annechiarico
Office: at home with yara realty
MLS#:981728
Source:OneKey MLS
Price summary
- Price:$1,555,000
- Price per sq. ft.:$265.81
About this home
Prime Wakefield Investment — 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx—one of the city’s strongest and most consistent rental markets. 7 total income-generating units, including: • Five 2-bedroom apartments • One 1-bedroom apartment • Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. • Gross Rental Income: $169,020 annually • Total Expenses: $58,427.72 • Net Operating Income (NOI): $110,592.28 • Cap Rate: ~7.1% • GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely attractive to tenants....
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Home facts
- Year built:1930
- Listing ID #:981728
- Added:82 day(s) ago
- Updated:June 29, 2026 at 12:28 PM
Rooms and interior
- Basement:Yes
- Basement Description:Finished, Walk-Out Access
- Living area:5,850 sq. ft.
Heating and cooling
- Heating:Oil
Structure and exterior
- Year built:1930
- Building area:5,850 sq. ft.
- Lot area:0.06 Acres
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,555,000
- Price per sq. ft.:$265.81
- Tax amount:$29,540 (2025)
Features and amenities
- Laundry features:Common Area, Washer/Dryer Hookup
Parking
- Parking description:On Street
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