For Sale
$999,777

3944 Barnes AveBronx, NY 10466

Exceptional Bronx multifamily, high ROI.

Overview

Added:
Feb 3
Days on market:
71
This meticulously maintained six-family property at 3944 Barnes Avenue in the Bronx, New York, presents a compelling investment opportunity for both seasoned investors and owner-occupants. The property boasts a substantial 5,451 square feet of living space situated on a conveniently sized 0.06-acre lot. Its central location offers easy access to a variety of amenities, including shopping centers, public transportation options, schools, and places of worship, ensuring high occupancy rates and strong rental demand. The building's excellent condition translates to minimal maintenance requirements, maximizing potential returns. This translates to a strong cap rate, making it an attractive proposition for those seeking a stable and profitable investment. The property's current configuration as a six-family dwelling provides immediate income potential. The strategic location within the Bronx further enhances its appeal, given the area's ongoing growth and development. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. Don't miss this chance to secure a valuable asset with significant long-term potential. The asking price is $999,777.

Property Details for 3944 Barnes Ave

Property type
Commercial real estate
Square Feet
5,451 SF
Year Built
1931
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Bronx
County
Bronx County
State
New York
Latitude
40.88591
Longitude
-73.85783
3944 Barnes Ave, Bronx, New York

FAQs

What type of property is this?
Commercial real estate - Exceptional Bronx multifamily, high ROI.
Where is the commercial real estate located?
The property is located at 3944 Barnes Ave Bronx, NY.
What is the asking price?
The asking price for this property is $999,777.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3944 Barnes Ave
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