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About the Listing HOULAW31 - 51490,53751
BRAND NEW 8 UNIT BRONX WALK UP. FULLY LEASED. 7.14% RETURN AT THE ASK. REAL ESTATE TAXES OF JUST $305 A YEAR. Completed in 2025 with the Certificate of Occupancy issued May 2026, the Property has six one bedrooms at $2,534 and two studios at $2,092, producing $232,656 of gross potential rent on executed leases with no lease up risk. Tenants pay all electricity including heat, hot water and cooking, so the owner has no fuel bill and expenses run about 15.6% of income. No deferred maintenance and no capital plan. Four story walk up of 4,438 SF on a 1,753 SF lot in Olinville, two blocks from the 2 and 5 trains, with smart heating and cooling, security cameras and a pet friendly policy. Offered at $2,750,000, free and clear of financing and well suited to 1031 exchange buyers and private capital seeking new construction. Offers in writing. Tours by appointment only. Tenants may not be contacted.
Listing Highlights for 3530 Willet Ave
Interior Details
- Appliances:
- Air Cond: Electric,ENERGY STAR Qualified Equipment
- Heating: Electric,ENERGY STAR Qualified Equipment
- Fireplaces:
- Floor: Ceramic Tile,Hardwood,Laminate
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others: New Construction,Renovated
- Sewer: Public Sewer
- Parking Features: Off Site,On Street
Financial Details
- Tax Amount: $305
- Taxes w/Assessments: N/A
- Tax/Property ID: 2-04643-0140
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
3530 Willet Ave Bronx, NY 10467
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