Property Type: | Property Features:
Property Details
Price: $10,800,000
Year Built: 2018
Floors: Price per sqft : $635.29 | Property size : 17,000 sqft | Property type : Commercial
Square Feet: -
Bedrooms: -
Bathrooms: -
Location Info
Address: 3530 Mickle Avenue
City: Bronx
State: NY
Zip: 10469
Country: USA
MLS #: L3593290
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Property Description
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.
Location
3530 Mickle Avenue Bronx NY, 10469
Interior Features
| Total Stories | 4 |
| Total Bathrooms | 0 |
| Half Bathrooms | 0 |
| Interior Features | Smart Thermostat |
| Fireplace | No |
| Cooling | No |
| Heating | Yes |
| Heating Description | Electric, ENERGY STAR Qualified Equipment |
Exterior Features
| Lot Size | 0.39 Acres |
| Window | ENERGY STAR Qualified Windows, Insulated Windows |
Other Property Details
| Taxes | $3,698 |
| Tax Frequency | Annually |
| Days on Market | 336 |
| Garage | No |
| Parking Total | 24 |
| View | No |
| County | Bronx County |
| Property Attached | Yes |
| Zoning | R5 |
Listing History
| 8/27/2025 Price change | $10,800,000 (-7%) |
Listed by Reginald Brannen with Blue Key Real Estate Brokerage
Listing Contact: (718) 921-2280
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 At Home with Yara Realty 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
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Data last updated 6:06 PM UTC, 12/1/2025
