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2722 Wallace Avenue

Bronx, NY 10467
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Bed 9

Bed

Bath 3

Bath

Acres0.05

Acre(Lot)

2 fully occupied apartments · 3rd Floor Unit Comes Vacant. $6,667/mo gross income · New construction. Excellent condition, minimal maintenance Tenants pay heat & electric. Low landlord expenses. Non-Article XI. Maximum rent flexibility. Finished basement provides additional usable space. Exceptional investment opportunity! This non-Article XI multifamily property features three spacious apartments, each offering 3 bedrooms and 1 full bathroom. The building also includes a finished basement, providing additional usable space and flexibility. Recently constructed from the ground up, this property is in excellent condition and requires minimal maintenance. Tenants are responsible for their own heat and electric, while the landlord pays only water and insurance, helping to maximize net operat ing income. Ideally located in a prime area close to shopping, restaurants, schools, public transportation, and major highways, this property offers strong rental appeal and long-term investment potential. Whether you are looking to expand your portfolio or acquire a turnkey income-producing asset, this is an opportunity you do not want to miss.

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Detail Ic Property Details

Property Type : Residential Income

Price : $999,000

AD Id : 80296872

MLS Id : 1009825

Beds : 9

Lot Size : 0.05 Acre

Year Built : 2002

County : Bronx

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Feature Features

  • Bedroom Information

    Total beds: 9

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Basement: Full
  • Interior Features

    Other
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Other Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 2002 Building Area Total: 3276 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 0.0482 Lot Size Square Feet: 2100

  • Listing Price Information

    Listing Price: $999000

  • Tax Information

    Parcel Number: 04512-0008 Annual Tax: $4830

  • Parking Information

    On Street

  • School Information

    Elementary School: Baychester Academy
    Junior High School: Astor Collegiate Academy
    Senior High School: Bronx Academy Of Health Careers
  • Utility Information

    See Remarks
  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/06/2026 @ 04:54

MLS: 1009825 LISTED BY: Valon Nikci, Link NY Realty 646-827-2256 SOURCE: OneKey MLS

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