NY
Bronx
Bronx
10469
3530 Mickle Avenue
3530 Mickle Avenue, Bronx, NY 10469
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Listing Type
Commercial/Industrial
Listing Status
active
10
$10,800,000

Home Details for 3530 Mickle Avenue

Price
$10,800,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2018
County
Bronx
Garage
Days on site
1
MLS Listing#
L3593290
Property Description

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.

Property Features
  • Heating Information
    • Electric
    • ENERGY STAR Qualified Equipment
  • House Interior
    • Smart Thermostat
Listing Courtesy: Blue Key Real Estate Brokerage - 718-921-2280
Presented by: Reginald Brannen
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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Median Listing Price
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EXIT REALTY LIBERTY
40 Peconic Ave, Riverhead, NY 11901
Ramona Montaque
License #: 10301221788
Associate Broker
Office
631 445 4195
Agent
631 833 1824
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