4612 Murdock Ave - Apartments FOR SALE


Bronx, NY 10466- Wakefield
$1,195,000 USD
347-387-9768
4612 Murdock Ave, Bronx, NY for Sale
$1,195,000 USD
Apartments - FOR SALE
1/9
null | 4.31% Cap Rate

4612 Murdock Ave
Bronx, NY 10466
Wakefield


HIGHLIGHTS

  • Shadow of White Plains Road rezoning
  • Close to transportation

OVERVIEW

Free-market four-family investment opportunity in Wakefield, Bronx. The property is located just 7-minutes walking from the Wakefield–241st Street subway station and the White Plains Road corridor, which is currently under study by the NYC Department of City Planning for higher-density multifamily rezoning. Current rents are below market, offering immediate upside, while the 5,000 SF lot is under built, creating future expansion or redevelopment potential, subject to zoning and approvals. One unit is currently vacant, with two additional leases expiring in 2026, providing a clear path to reposition the asset, increase rental income, and capitalize on long-term corridor growth.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

4

PRICE/UNIT

$298,750

CAP RATE

4.31%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,009 SF

ZONING

R4, R4A

APN/PARCEL ID

05126-0005

ASK ABOUT THIS PROPERTY

Anthony MameliBronx CREMore Info
347-387-9768

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Anthony MameliBronx CREMore Info
347-387-9768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.