4116 Carpenter Ave

4116 Carpenter Ave, Bronx, NY 10466

  • For Sale $7,795,000
  • Property Type Multi-Family
  • Property Size 50,830 SF
  • Lot Size 0.31 Acre
  • Cap Rate % 5.35
  • Rental Income / YR 999549
  • NOI / YR 415196
  • Taxes / YR 136124
  • Year Built 1927
  • Date Updated Apr 9, 2024
  • Website www.resaas.com

๐Ÿข DESCRIPTION:

This investment offers a well-maintained 5-story walk-up building, featuring an original lobby, marble stairwell, and updated systems, including a 5,000-gallon dual-fuel capable boiler, and a 9-camera surveillance system. Recent unit renovations, Silver-coat rubber roof. Ideally situated within walking distance to shopping, restaurants, trains, buses, and major highways."

๐Ÿ“ŠOVERVIEW: 4116-4118 Carpenter Avenue contains 63 residential apartments (Including the superintendent assigned Unit). The building features 36 one-bedroom units, 15 two-bedroom units, and 2 three-bedroom units. Block & Lot: 04832-70, Lot Size: 13,285 sf, Bldg Size: 50,830 sf, Zoning: R6-A, FAR as built: 3.00, and Year Built: 1927.

๐ŸŒ† LOCATION: Wakefield neighborhood of The Bronx, precisely on the 230th corner of Carpenter Avenue, this property enjoys a central location that defines convenience and quick access to daily activities.

๐Ÿ›Œ RESIDENTIAL UNITS: Recently renovated units, Wood floors, Lead testing, and Building Mechanicals have been well maintained by management, ensuring a comfortable and smooth tenant experience and transfer of ownership.

๐ŸšŒ TRANSPORTATION: Excellent access to public transportation, with nearby subway stations including the #2 Train and #5 Train. Additionally, Bronx River Parkway Bus stops BX31, BX39, and Bxm11 make commuting a breeze, enhancing convenience for residents and adding value to the property.

๐Ÿ›’ SHOPPING AND RESTAURANTS: Vibrant commercial artery along White Plains Road on 233rd Street, where access to a variety of shopping options and a diverse culinary tapestry awaits. Residents can indulge in various cuisines and shopping experiences, adding to the allure of the neighborhood.

๐Ÿ‘จ‍๐Ÿ‘จ‍๐Ÿ‘ง‍๐Ÿ‘ง DEMOGRAPHICS: This vibrant community with diverse demographics, fosters a rich tapestry of cultures and backgrounds. The vibrant mix of residents contributes to a dynamic and welcoming atmosphere.

๐Ÿก๐ŸŒŸ IN SUMMARY: 4116-4118 Carpenter Avenue represents a prime investment opportunity with its central location, renovated residential units, and excellent transportation accessibility. Whether you're looking for a residence or considering an investment, this property stands as a solid real estate asset in The Wakefield neighborhood, promising a harmonious blend of comfort and convenience for residents as well as new ownership.

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Attachments

Highlights

  • Well maintained, Bronx 63 Unit apartment building / First sale in 38 years
  • Well kept original lobbies and stairwells
  • Enclosed & Above Ground 5,000 Gallon Oil Tank (#4 Oil)
  • Safe & Quiet neighborhood. Steps from Montefiore Hospital
  • Close proximity to MTA train station at East 233rd Street, Metro North Station, and plenty of local bus services.
  • Many apartments renovated with sheetrock and circuit breakers over the years.

Contacts

broker

Roberto Guilbet

Inwood Property Group

Sales & Leasing Director

(718) 208-6746

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable
  • Transit Score ®

    91/100 Rider's Paradise
  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ยฎ
  • City Bronx, NY
  • Neighborhood Wakefield
  • Zip Code 10466

Points of Interest

  • 233rd Street

    0.22 miles

  • Woodlawn

    0.27 miles

  • 225th Street

    0.28 miles

  • 219th Street

    0.57 miles

  • Nereid Avenue

    0.58 miles

  • Wakefieldโ€“241st Street

    0.95 miles

  • Woodlawn

    0.96 miles

  • Gun Hill Road

    1.02 miles

  • Wakefield

    1.03 miles

  • Williams Bridge

    1.04 miles

  • Mobil

    0.29 miles

  • Speedway

    0.55 miles

  • BP

    0.84 miles

  • Sunoco

    0.87 miles

  • 76

    0.93 miles

  • Gulf

    1.08 miles

  • 171

    1.13 miles

  • Citgo

    1.55 miles

  • Conoco

    2.04 miles

  • Mobil

    2.08 miles

  • Broadway Parking Garage

    2.01 miles

  • Parking Area A

    2.43 miles

  • Fordham Regional Parking Facility

    2.50 miles

  • Bronx River Parking

    2.76 miles

  • Kober Parking

    2.83 miles

  • Southern Boulevard Parking

    3.08 miles

  • Westlands Parking

    3.14 miles

  • Asia Parking

    3.23 miles

  • North Parking

    3.34 miles

  • Saint Joseph's Parking Lot

    3.52 miles

  • El Rancho Motel

    0.72 miles

  • Metro Motel

    0.99 miles

  • Crown Motor Inn

    1.33 miles

  • Rodeway Inn

    1.74 miles

  • Ramada

    1.77 miles

  • Hyatt Place

    2.48 miles

  • Pelham Garden Motel

    2.64 miles

  • Bronx Park Motel

    2.67 miles

  • Yonkers Gateway Motel

    2.90 miles

  • Residence Inn The Bronx

    3.06 miles

  • McDonald's

    0.20 miles

  • Tony's Pizza

    0.21 miles

  • Dunkin'

    0.31 miles

  • Burger King

    0.33 miles

  • The Curry Spot

    0.50 miles

  • Agra Grill

    0.51 miles

  • Dunkin' Donuts

    0.56 miles

  • Dream Station

    0.56 miles

  • Katonah Pizza & Pasta

    0.58 miles

  • The Kitchen

    0.63 miles

  • Public School 103

    0.05 miles

  • Saint Mary School

    0.29 miles

  • Albert Tuitt Senior Educational Campus IS/HS 362

    0.51 miles

  • Saint Valentine School

    0.59 miles

  • Public School 19

    0.59 miles

  • Saint Barnabas High School

    0.69 miles

  • Saint Barnabas Elementary School

    0.74 miles

  • Public School 13

    0.75 miles

  • Saint Anthony School

    0.77 miles

  • Public School 113

    0.78 miles

  • Children's Learning Company

    2.36 miles

  • Tig and Peach

    2.86 miles

  • Pelham Children's Center

    3.02 miles

  • Junior Wonders Nursey School

    3.15 miles

  • East Bronx NAACP Day Care Center

    4.67 miles

  • Prospect Family Support Center

    5.60 miles

  • Discovering Me Nursery School

    5.77 miles

  • Pop In! Play Space & Cafe

    5.87 miles

  • DIY Slime

    5.97 miles

  • My Gym Children's Fitness Center

    6.98 miles

Frequently Asked Questions

What is the lease rate for 4116 Carpenter Ave?

Rental asking rate at 4116 Carpenter Ave is $3,897,500.00/YR.

What is the total square footage of 4116 Carpenter Ave?

4116 Carpenter Ave totals 50,830 square feet.

When was this property built?

4116 Carpenter Ave was built in 1927.

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Contact Listing Broker

broker

Roberto Guilbet

Inwood Property Group

Sales & Leasing Director

(718) 208-6746