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Bronx, NY 10469 3530 Mickle Avenue

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  • MLS# L3593290
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  • SQFT • 17,000

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Prime 28-Unit Investment Opportunity in Williamsbridge, BronxLocated in the sought-after Williamsbridge section of the Bronx, this exceptional 28-unit property offers strong cash flow, modern amenities, and long-term upside. Benefiting from a 421a Tax Abatement, this income-producing asset is ideal for savvy investors or a 1031 exchange.All units are fully electric—no gas—with tenants responsible for all utilities, minimizing operating costs. Each unit is equipped with individual hot water tanks (28 total), stainless steel appliances, and efficient Mitsubishi split-unit heating & cooling systems. A studio super’s unit is also included.Additional features include:Digital video intercoms in each unit Interior & exterior surveillance cameras 24 outdoor parking spaces Low operating expenses NOI: $705,068 | Net Cap Rate: 6.1% This is a turn-key asset in a thriving Bronx neighborhood—perfect for portfolio expansion with minimal management headaches.

General for 3530 Mickle Avenue

HOANo
Number Of Units Total28

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Price History

Gregory Berkowitz

Licensed Real Estate Salesperson
Price $11,500,000
MLS#L3593290
Property Type Commercial
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