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4383 Matilda Avenue , Bronx, NY 10466

$1,555,000

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BEDS0 BATHS MLS#981692

STATUSActive PROPERTY TYPECommercial -

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Property Description

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.

4383 Matilda Avenue | MLS# 981692

This commercial property located at 4383 Matilda Avenue , Bronx, NY 10466 is currently listed for sale with an asking price of $1,555,000. Search Bronx real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: Finished, Walk-Out Access

Basement: Yes

Cooling: Wall/Window Unit(s)

Heating: Oil

Lot Size: 0.06 Acres

Taxes: $29,539

Year Built: 1930

Feature Descriptions

Building Area Total: 5850

Days on Site: 2

Exterior: Brick

Heating Units: 1

On Market Date: 2026-04-07

Parcel Number: 05040-0038

Parking Features: On Street

Property Attached Y/N: 1

Rental Term: Monthly

Separate Electric Meters: 7

Separate Gas Meters: 7

Sewer: Public Sewer

Units: 7

Utilities: Electricity Connected, Natural Gas Connected, Trash Collection Public, Water Connected

Water: Public

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Greenvale, NY 11548

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4383 Matilda Avenue , Bronx, NY 10466

Property Description

4383 Matilda Avenue | MLS# 981692

Property Features

Feature Descriptions

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4383 Matilda Avenue , Bronx, NY 10466

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