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4116 Carpenter Avenue, Bronx, NY, USA, 10466

  • Posted: 1/14/2024 5:36:17 PM





Neighborhood: Wakefield

$7,795,000 USD

🏢 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." 📊OVERVIEW: 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. 🌆 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. 🛌 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. 🚌 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. 🛒 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. 👨‍👨‍👧‍👧 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. 🌟 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. 📊 OVERVIEW: BLOCK & LOT: 04832-0070 LOT SIZE: 13,285 sf LOT DIMENSIONS: 126ft Wide X 104ft Deep BUILDING SIZE: 50,830 sf BLDG. DIMENSIONS: 126ft Wide X 94ft Deep STORIES: 5 ZONING: R6-A FAR AS BUILT: 3.00 YEAR BUILT: 1827 💰PROJECTED INCOME: $999,549.12 💸ESTIMATED EXPENSES: $584,353 🧧NOI: $415,196 💲PRICE: $7,795,000