3530 Willet Avenue, New York, NY, 10467
$2,750,000
activeLot Size
1,753 sqft
Year Built
2026
Stories
4
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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.
Listed by Jonny Lezi, Houlihan Lawrence Inc.
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Oct 30, 2026, 2:49 PM UTC (date and time MLS GRID Data was obtained). 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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