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0 Baths
17,000 sqft

$10,800,000

3530 Mickle Avenue, Bronx NY, 10469

Price per sqft$635.29
Built in2018
Property size17,000 sqft
Property typeCommercial
Courtesy of Blue Key Real Estate Brokerage, Reginald Brannen Listing Contact: 718-921-2280

Overview

Active

Listed Nov 27, 2024

Updated 3 weeks ago

Prime 28-Unit Investment Opportunity in Williamsbridge, Bronx Located in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange. All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included. Additional features include: Digital video intercoms in each unit Interior & exterior surveillance cameras 24 outdoor parking spaces Low operating expenses NOI: $705,068 | Net Cap Rate: 6.1% This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.

Additional information

MLS® ID
L3593290

Interior Features

Bathrooms
0
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.39 Acres

Other Property Details

Taxes
$3,698
Tax Frequency
Annually

Listings courtesy of OneKey MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Westchester Realty Consultants shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 9:34 PM UTC on 8/21/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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