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Listed by Ardit Alijaj of Exit Realty DKC
Investor Overview - 3530 Willett Avenue, Bronx, NY Brand-new, fully vacant 8-unit multifamily investment located in the Williamsbridge section of the Bronx. This newly constructed property features a strong, market-proven unit mix of six (6) one-bedroom apartments and two (2) studio apartments, all delivered with modern finishes, efficient building systems, and excellent natural light. The asset benefits from a 30-year tax abatement, resulting in exceptionally low operating expenses and highly predictable cash flow. Offered 100% vacant, the building allows an investor to lease at market rents immediately with no tenant risk, no deferred maintenance, and minimal ongoing management. At a $2,950,000 asking price, the property projects approximately $244,000 in gross annual income and $207,000 in NOI, producing around ~7.0% cap rate on a brand-new, tax-advantaged asset - a rare profile in New York City. Ideally positioned near public transportation, retail corridors, and schools, this turnkey opportunity is well-suited for investors seeking long-term stability, tax efficiency, and rental upside in a growing Bronx submarket.

Property Details of 3530 Willett Avenue, Williamsbridge

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Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 27, 2026 5:22 PM EDT. 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. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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