MultiFamily Property Listed at 3534 Bronx Boulevard
$5,375,000
3534 Bronx Boulevard, Bronx, NY 10467
63,388 SF
Square Feet
$85
PPSF
65
Units
80.0K
PPU
Property Description
Units
65 — PPU: 80.0K
GFI Realty Services is pleased to present the exclusive offering of 3534 Bronx Boulevard, a six-story elevator building comprising 65 rent-stabilized apartments across approximately 63,388 square feet in the Olinville section of the Northeast Bronx. The unit mix comprises 11 studios, 36 one-bedroom, 11 two-bedroom, and 7 three-bedroom apartments. The property benefits from immediate access to the retail corridors along White Plains Road and Gun Hill Road, with the 2 and 5 subway lines at Gun Hill Road and multiple bus routes all within walking distance, providing direct service to Midtown Manhattan. Van Cortlandt Park, Pelham Bay Park, and Montefiore Medical Center are all in proximity, making 3534 Bronx Boulevard a well-located asset in one of the Northeast Bronx's most established rental submarkets.
Property Details
Asset Type
MultiFamily
Year Built
1927
Neighborhood
Olinville
ZIP
10467
Listing Type
sale
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$305,763
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$25,480
Annual Debt Service
$305,763
View on Map
Address
3534 Bronx Boulevard
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Olinville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.