- For Sale $1,195,000
- Property Type Multi-Family
- Property Size 2,750 SF
- Units 4
- Lot Size 5,000 SF
- Year Built 1931
- Date Updated Aug 11, 2026
Description
-
Free-market four-family investment opportunity in Wakefield, Bronx
-
The property is located just 7-minutes walking from the Wakefield–241st Street subway station and the White Plains Road corridor, which is currently under study by the NYC Department of City Planning for higher-density multifamily rezoning
-
Current rents are below market, offering immediate upside, while the 5,000 SF lot is under built, creating future expansion or redevelopment potential, subject to zoning and approvals
-
One unit is currently vacant, with two additional leases expiring in 2026, providing a clear path to reposition the asset, increase rental income, and capitalize on long-term corridor growth
False
Contacts
Bronx CRE
Location
Located at 4612 Murdock Ave, Bronx, NY 10466, this property is part of the Wakefield neighborhood and Bronx market.
Bronx CRE