4429 Carpenter Avenue

$1,515,000
Price
Beds
5,375 Sq. Ft.
$282 / Sq. Ft.
5,375
Sq. Ft.
$282
per Sq. Ft.

Description

7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. Unit Mix and Rents: This is a special delimiter sentence. This is a special delimiter sentence - Apt. 1: This is a special delimiter sentence....7-unit multifamily, 5.3% cap rate, fully-occupied and well maintained property located in the Bronx, just two blocks from the 2 / 5 train! This income-generating asset offers a stable and lucrative investment with gross income of $143,000 annually. All units are fully occupied and leased ensuring consistent cash flow with the potential for rent increases. Unit Mix and Rents: This is a special delimiter sentence. This is a special delimiter sentence - Apt. 1: This is a special delimiter sentence. This is a special delimiter sentence $1,546.64 - 1 bedroom - Apt. 2: This is a special delimiter sentence. This is a special delimiter sentence $1,577.93 - 1 bedroom - Apt. 3: This is a special delimiter sentence. This is a special delimiter sentence $1,721.74 - 2 bedroom - Apt. 4: This is a special delimiter sentence. This is a special delimiter sentence $1,962.40 - 1 bedroom - Apt. 5: This is a special delimiter sentence. This is a special delimiter sentence $1,968.71 - 2 bedroom - Apt. 6: This is a special delimiter sentence. This is a special delimiter sentence $1,600.00 - 1 bedroom - Apt. 7: This is a special delimiter sentence. This is a special delimiter sentence $1,548.75 - 1 bedroom Key property features include: - Recent Improvements: Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation. Recently painted hallways, a repointed brick facade, a roof under 10 years old, a newly installed front walkway, and plans for a new intercom system installation - Expenses: Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56). Annual expenses total $62,402.46, broken down as electricity ($960), water ($8,000), heating oil ($26,021.90), and property taxes ($27,420.56) - Stable Tenancy: With all units currently occupied the property is already income producing. Ideal for anyone seeking a robust investment in a thriving community. Property sold as-is.
  1. Listed by Yasin Benzawi • eXp Realty
    P: 888-276-0630 C: 888-276-0630 Benzawyx@gmail.com

Property Details for 4429 Carpenter Avenue

Garage Spaces
.00

Location

Listing Courtesy of eXp Realty
Add your commute
LISTING UPDATED: 04/18/2024 03:12 PM

Property Details for 4429 Carpenter Avenue

StatusActive
MLS IDH6301563
Days on Market13
Taxes$27,420 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1927
Lot Size2,500 SF / 25' x 100'
CountyBronx County

Building

4429 Carpenter Ave

7 Units3 StoriesBuilt in 1927

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 4429 Carpenter Avenue

Stories3Residences7Year Built1927Building Size21.5' x 83'Building Sq. Ft5,353.5 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-

Payment Calculator

$10,553 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,268

Property Taxes

$2,285

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4429 Carpenter Avenue

Summary
Location and General Information
  • Village: Bronx
  • Senior Community YN: No
  • MLS Area Minor: 99
  • Property Attached: Yes
  • Structure Type: true
  • Square Footage Source: Other
  • Country: US
  • State Or Province: NY
School Information
  • School District: City of New York
  • Elementary School District: City of New York
  • Elementary School: Call Listing Agent
  • Middle Or Junior School District: City of New York
  • Middle Or Junior School: Call Listing Agent
  • High School District: City of New York
  • High School: Call Listing Agent
Unit Information
Unit Information
  • Number Of 1 Bedrooms: 5
  • Number Of 2 Bedrooms: 2
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 7
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 05066-0056
  • Tax Map Number: 05066-0056
Interior and Exterior Features
Interior Features
  • Amenities: Public
  • Living Area: 5375.0
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
Exterior Features
  • Exterior Property Features: On Street
  • Elevation Certificate: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Parking Features: On Street
  • Attached Garage: No
  • Garage: No
Utilities
  • Cooling: Yes
  • Cooling: Window Unit(s)
  • Heating: Oil, Hot Water
  • Heat Fuel Type: Oil, Hot Water
  • Hot Water: Fuel Oil Stand Alone
  • Number Of Separate Gas Meters: 7
  • Garbage Removal: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Separate Electric Meters: 8
Green Features
  • Green Features: Oil, Hot Water

Property History for 4429 Carpenter Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4429 Carpenter Avenue

Taxable ValueLand$6,750Additions$351,450Total$358,200
Home Facts
Total Finished SqFt5,375 SqFtLot Size2,499 SqFtYear Built1927ZoningR5APN2050660056

Schools near 4429 Carpenter Avenue

This home is within Nyc Geog District #11 - Bronx.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Matilda Avenue School (The)
PublicK to 5

North Bronx School of Empowerment
Public6 to 8

The Bronx Preparatory Academy
Public9 to 12

New World High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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4429 Carpenter Avenue is a multi-family home for sale in Wakefield. This property was listed for sale on April 18, 2024 by eXp Realty, it's currently listed at $1,515,000. This listing's school district is Nyc Geog District #11 - Bronx. Nearby schools include Matilda Avenue School (The), North Bronx School of Empowerment and The Bronx Preparatory Academy. 4429 Carpenter Avenue is a 0-bed, 0-bath, 5,375 sqft multi-family home built in 1927.

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Listing Courtesy of eXp Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.