Prime Investment Opportunity: Fully Leased 10-Unit Building with Commercial Space

446 E 149th St, Bronx, NY 10455

Property Information

  • For Sale $3,400,000
  • Property Type Multi-Family
  • Property Size 12,539 SF
  • Units 10
  • Lot Size 0.06 Acre
  • Cap Rate % 7.62
  • Rental Income / YR $368,517.48
  • NOI / YR $259,216.29
  • Taxes / YR $56,076.00
  • # of Floors 6
  • Average Floor Size 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2010
  • Date Updated Jul 30, 2026

Description

Investment highlights

 

  • Fully Occupied - 10 Residential Units + 1 Retail
  • Retail Paying $11,000+/Month
  • Retail Tenant Covers 25% of Real Estate Taxes
  • 421a Expired (Jan 2026) – Mark-to-Market Opportunity
  • Built 2010 | 12,539 SF | Elevator Building
  • Individually Metered Units (Low Expenses)
  • Private Balconies, Laundry, Basement Storage
  • Additional Income: 4 Storage Units ($2.4K–$2.8K/Month Potential)
  • Located in the Opportunity Zone
  • Transit-Rich Bronx Location

Contacts

Location

Located at 446 E 149th St, Bronx, NY 10455, this property is part of the Mott Haven neighborhood and Bronx market.

  • 95/100 Walker's Paradise
  • 100/100 Rider's Paradise
  • 79/100 Very Bikeable
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