3560 Olinville Avenue — Sale in Bronx, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Bronx, NY 10467

Photos

3560 Olinville Avenue — Sale in Bronx, NY, photo 1 of 2
3560 Olinville Avenue — Sale in Bronx, NY, photo 2 of 2

Investment Figures

Cap rate
11.10%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 3560 Olinville Avenue, an opportunity to acquire a substantial multifamily asset in the Williamsbridge section of the Bronx. The property comprises 85 rent-stabilized residential units across approximately 79,098 square feet, offering significant scale with a predominantly one-bedroom unit mix. The unit mix consists of 2 studios, 64 one-bedroom apartments, and 19 two-bedroom apartments, with an average monthly rent of approximately $1,576 per unit. The building is nearly fully occupied, with only one vacant unit. Situated near White Plains Road and East Gun Hill Road, the property offers convenient access to neighborhood retail, services, and transportation options. Investment Highlights: • 3560 Olinville Avenue, built in 1931, is a 85-unit multifamily asset spanning 6 stories and approx. 79,098 SF. • Tax Class: 2 | Zoning: R6A | 100% Rent-Stabilized • 3560 Olinville Avenue is in close proximity to Metro North, Bus and the 2 & 5 Subway Lines.

Market Context

This multifamily in Bronx, NY is listed for sale. It is offered at an approximate 11.1% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Bronx, NY — view the full market.

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