3641 Johnson Avenue Bronx NY, 10463

Active | Listed Apr 12, 2025 | Updated 3 weeks ago

Calling All Investors, Developers & End-Users!!! BRAND NEW 34,400+ Sqft. 26 Unit Apartment Building In Riverdale For Sale!!! The Building Features Excellent Signage, Great Exposure, 6 Parking Spaces, R7A Zoning, Security Systems, Virtual Doorman, 2 Bicycle Rooms, Laundry Room, Elevator, Private Gated Driveway, Multi-level Terrace Area, Large Yard, Ramp, Garbage Chute, 2 Bicycle Rooms, Private Gated Driveway, Multi Level Terrace Area In Backyard, Ramp In Back, All New LED Lighting, 3 Phase Power, Sprinklers, CAC, +++!!! The Building Can Be Accessed By Key, Key Fob, Or Face ID!!! The Property Is Located In The Heart Of Riverdale Just Off The Henry Hudson Parkway Only Minutes From Riverdale Park, Manhattan University & Van Cortlandt Park!!! Neighbors Include Starbucks, Chase Bank, Wells Fargo Bank, Target, Stop & Shop, CubeSmart Self Storage, Wendy’s, Subway, Bob’s Discount Furniture, Liberty Tax +++!!! The Building Was Built In 2019 & Has A 421a!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Unit B-A (1 Br. Apt., 736 Sqft.): $38,400 Ann.

Unit B-B (1 Br. Apt., 839 Sqft.): $40,800 Ann. (Available)

Unit 1-A (1 Br. Apt., 784 Sqft.): $28,500 Ann.

Unit 1-B (Studio Apt., 689 Sqft.): $32,400 Ann.

Unit 1-C (1 Br. Apt., 792 Sqft.): $37,200 Ann.

Unit 2-A (2 Br. Apt., 1,062 Sqft.): $42,000 Ann.

Unit 2-B (1 Br. Apt., 971 Sqft.): $39,600 Ann.

Unit 2-C (2 Br. Apt., 983 Sqft.): $31,800 Ann.

Unit 3-A (2 Br. Apt., 1,042 Sqft.): $43,200 Ann.

Unit 3-B (1 Br. Apt., 943 Sqft.): $28,500 Ann.

Unit 3-C (2 Br. Apt., 987 Sqft.): $43,200 Ann.

Unit 4-A (2 Br. Apt., 1,042 Sqft.): $48,000 Ann.

Unit 4-B (1 Br. Apt., 943 Sqft.): $28,500 Ann.

Unit 4-C (2 Br. Apt., 987 Sqft.): $44,400 Ann.

Unit 5-A (2 Br. Apt., 1,042 Sqft.): $45,600 Ann.

Unit 5-B (1 Br. Apt., 943 Sqft.): $39,600 Ann.

Unit 5-C (2 Br. Apt., 987 Sqft.): $31,800 Ann.

Unit 6-A (2 Br. Apt., 1,042 Sqft.): $45,600 Ann.

Unit 6-B (1 Br. Apt., 943 Sqft.): $28,500 Ann.

Unit 6-C (2 Br. Apt., 987 Sqft.): $44,400 Ann.

Unit 7-A (2 Br. Apt., 871 Sqft.): $31,800 Ann.

Unit 7-B (1 Br. Apt., 909 Sqft.): $40,800 Ann.

Unit 7-C (2 Br. Apt., 987 Sqft.): $45,600 Ann.

Unit 8-A (2 Br. Apt., 836 Sqft.): $31,800 Ann.

Unit 8-B (1 Br. Apt., 909 Sqft.): $39,600 Ann.

Unit 8-C (2 Br. Apt., 987 Sqft.): $45,600 Ann.

Pro Forma Gross Income: $997,200 Ann.

Expenses:

Gas: $12,000 Ann.
Electric: $24,000 Ann.
Maintenance & Repairs: $3,800 Ann.
Insurance: $8,300 Ann.
Water & Sewer: $24,000 Ann.
Taxes: $50,000 Ann. (Protected Until 2058!!!)

Total Expenses: $122,100 Ann.

Net Operating Income (NOI): $875,100 Ann. (Pro Forma 6.79 Cap!!!)

Location

3641 Johnson Avenue Bronx NY, 10463

Interior Features

Total Stories	8
Fireplace	No
Cooling	Yes
Cooling Description	Multi Units
Heating	Yes
Heating Description	Natural Gas
Basement	Yes

Exterior Features

Lot Size	0.16 Acres
Sewer	Public Sewer

Other Property Details

Taxes	$50,000
Tax Frequency	Annually
Days on Market	212
Garage	No
Parking Total	6
View	No
County	Bronx County
Water Source	Public
Property Attached	Yes
Utilities	Natural Gas Available, Natural Gas Connected

Listing History

11/6/2025 Price change	$12,888,000 (-5%)
7/7/2025 Price change	$13,500,000 (-3%)

Listed by Richard Matt Shane  with All Island Estates Realty Corp
Listing Contact: (516) 783-5600 

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

©2025 OneKey MLS. All rights reserved.    

Data last updated 5:53 PM UTC, 12/1/2025