New Listing
$1,199,000
 $6,436 est/mo Sourced by Back At You

3969 Carpenter Avenue,Bronx, NY 10466

Bronx, NY 10466

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Description

Exceptional Investment Opportunity - Legal 3-Family Property in the Bronx Rare opportunity to own a legal 3-family income-producing property in the Bronx, offering strong current rental income, flexible living space, and significant potential for future rental growth. Property Configuration 1st Floor + Basement 2-bedroom / 2-bathroom apartmentCurrent rent: $2,600/monthFinished basement providing big additional flexible space 2nd Floor 3-bedroom / 2-bathroom apartmentCurrent rent: $2,600/month 3rd Floor 3-bedroom / 2-bathroom apartmentCurrent rent: $2,600/month Property Taxes: $10,486/yearInsurance: $3,730/yearTotal Property Tax & Insurance: $14,216/yearBelow-Market Rents: Current rents are below estimated market levels, providing meaningful potential for future rental growthTenants pay their own heat and gasProperty HighlightsLegal 3-Family PropertyApproximately 3,471 SF3 units / 8 bedrooms / 6 bathroomsThree full residential floorsFlexible 2-bedroom and 3-bedroom layoutsFinished basement with additional flexible spaceStrong current rental income with significant potential for rent increasesRelatively low property taxes and insurance expensesExcellent opportunity for investors seeking current cash flow and future rental upside

Details

MLS #1055934
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2005
Days On Site6
Listing Provided ByRealmart Realty LLC | Shuai Zheng

Features

Bed(s)11
Bath(s) 6 Total
SQ Feet3,471
BasementY
Units3
Acreage0.05

Interior

CoolingWall/Window Unit(s)
HeatingBaseboard
Interior FeaturesFirst Floor Bedroom, First Floor Full Bath

Exterior

Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesOff Site, Off Street, On Street

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value60120
Tax Annual Amount10516.12

Area Information

StateNY
CountyBronx County
CityBronx
Zip Code10466
School DistrictNew World High School
Elementary SchoolPs 103 Hector Fontanez
High SchoolNew World High School
Listing VS Median (in 10466)
Price:
$1,199,000
low | high
Med:
$705,000
91.201000834028% of Average
sqft:
3,471
low | high
Med:
3,851
39.052146355517% of Average
$ / sqft:
$345
low | high
Med:
$250
77.723114594536% of Average
On site:
6
low | high
Med:
27.5
21.818181818182% of Average
Sourced by Back At You

Market Activity 10466

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Learn More About This Property

Newburgh Office

Newburgh Office

 (845) 565-2800info@johnjleaserealtors.com
StateNY
CountyBronx County
CityBronx
Zip Code10466
School DistrictNew World High School
Elementary SchoolPs 103 Hector Fontanez
High SchoolNew World High School
Listing VS Median (in 10466)
Price:
$1,199,000
low | high
Med:
$705,000
91.201000834028% of Average
sqft:
3,471
low | high
Med:
3,851
39.052146355517% of Average
$ / sqft:
$345
low | high
Med:
$250
77.723114594536% of Average
On site:
6
low | high
Med:
27.5
21.818181818182% of Average
Sourced by Back At You
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sqft: 2,500 - 4,000
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Listing Updated: September 30, 2026 at 11:42:30 PM PDT
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