4383 Matilda Avenue, Bronx, NY 10466

• 5,850 sqft

Property Description

Prime Wakefield Investment — 7-Unit Income-Producing Property Near Transit. Exceptional opportunity to own a brick 3-story multifamily building in the Wakefield section of the Bronx—one of the city’s strongest and most consistent rental markets. 7 total income-generating units, including: • Five 2-bedroom apartments • One 1-bedroom apartment • Bonus 2-bedroom unit in the basement Perfect for investors seeking strong cash flow, portfolio expansion, or owner-occupants looking to offset living costs with rental income. • Gross Rental Income: $169,020 annually • Total Expenses: $58,427.72 • Net Operating Income (NOI): $110,592.28 • Cap Rate: ~7.1% • GRM (Gross Rent Multiplier): ~9.2 Major capital improvements completed (boiler, roof, gas lines, oil tanks). Just 2 blocks from the Nereid Ave / White Plains Rd station (2 & 5 trains), offering a quick and convenient commute throughout NYC. Surrounded by local shops, restaurants, schools, and public transportation, making it extremely attractive to tenants.

Listing Status:

Active

Data Last Updated:

May 11, 2026 at 2:22AM

Listing Office:

At Home With Yara Realty : 914-372-1404

MLS ID:

981728

Interior

• General: Washer/Dryer Hookup
• Laundry: Common Area
• Basement: FinishedWalk-Out Access
• A/C: Wall/Window Unit(s)
• Heating: Oil

Exterior

• Parking: On Street

Location

• Originating MLS: onekey2
• County: Bronx County

Lot

• Zoning: 05040-0038

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedTrash Collection PublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2