4383 Matilda Avenue, Bronx, NY 10466

Bronx
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
4383 Matilda Avenue,Bronx, NY 10466
$1,555,000
  • - Beds
  • - Baths
  • 5,850 sq. ft.
  • Multi-family
  • Active
Listed by: yara annechiarico
Office: at home with yara realty
MLS#:981728
Source:OneKey MLS

Price summary

  • Price:$1,555,000
  • Price per sq. ft.:$265.81

About this home

Prime Wakefield Investment — 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx—one of the city’s strongest and most consistent rental markets. 7 total income-generating units, including: • Five 2-bedroom apartments • One 1-bedroom apartment • Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. • Gross Rental Income: $169,020 annually • Total Expenses: $58,427.72 • Net Operating Income (NOI): $110,592.28 • Cap Rate: ~7.1% • GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely...

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Home facts

  • Year built:1930
  • Listing ID #:981728
  • Added:3 day(s) ago
  • Updated:April 11, 2026 at 10:45 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Finished, Walk-Out Access
  • Living area:5,850 sq. ft.

Heating and cooling

  • Heating:Oil

Structure and exterior

  • Year built:1930
  • Building area:5,850 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,555,000
  • Price per sq. ft.:$265.81
  • Tax amount:$29,540 (2025)

Features and amenities

  • Laundry features:Common Area, Washer/Dryer Hookup

Parking

  • Parking description:On Street
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